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NHAI invites tenders from insurers for providing cashless treatment facility on Golden Quadrilateral stretch

NHAI invites tenders from insurers for providing cashless treatment facility on Golden Quadrilateral stretch

by AIP Online Bureau | Apr 3, 2022 | Indian News, Non-Life

The scheme will cover the immediate needs of hospitalisation of the victims for the first 48 hours from the time of hospitalisation or providing necessary treatment, whichever occurs earlier, up to a cost of Rs 30,000 starting from the time of the ambulance reaching...
IRDA chairman Panda to meet insurers on Apr 6-7 in Mumbai to unveil his agenda for industry

IRDA chairman Panda to meet insurers on Apr 6-7 in Mumbai to unveil his agenda for industry

by AIP Online Bureau | Mar 31, 2022 | Health, Indian News, Life, Non-Life, Regulation

Debasish Panda, Chairman, IRDAI “Yes, we have got intimations to have interaction with the new IRDAI chairman. We are happy that Panda is meeting us face to face. We are getting ready with our agenda to be put before him. Since, he has already dealt with the...

China asks state insurers to review exposure to Russia, Ukraine

by AIP Online Bureau | Mar 16, 2022 | International News, Non-Life, Reinsurance

The development underscores Beijing’s efforts behind the scenes to minimize risk to its own institutions even as it continues to maintain strong trade ties with Russia in the face of crippling sanctions imposed by the West on that country Beijing: China has told top...

Insurers refuse to pick up tab for billions in Opioid claims

by AIP Online Bureau | Mar 9, 2022 | Health, International News, Non-Life

The legal battle revolves around whether insurance claims can be denied if policyholders created a “public nuisance” by improperly marketing addictive painkillers. This is the claim made by communities across the United States seeking restitution from drug...

Today only 18% of insurers are able to optimize data use for competitive advantage: Capgemini

by AIP Online Bureau | Jan 27, 2022 | Articles, Eco/Invest/Demography, Health, Life, Non-Life, Reinsurance, Technology

Insurers with non-traditional, real-time data sources such as telematics, wearables and social media data will be able to meet rising customer expectations of convenience, customized advice, and dynamic pricing, and compete with InsurTech companies that are able to...
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