by AIP Online Bureau | Nov 19, 2024 | Banking & Bancassurance, Indian News, Life, Non-Life
“I wish to say this for the due consideration of the bank boards , sale of insurance by banks has raised concerns of instances of mis-selling and I would say this has contributed indirectly to cost of borrowing for the customers . So banks will have to look at this ,...
by AIP Online Bureau | Dec 31, 2023 | Articles, Eco/Invest/Demography, Health, Non-Life, Regulation
Krishnan Ramachandran, MD & CEO at Niva Bupa In a bid to simplify health insurance for customers, IRDAI has introduced standardization guidelines, with the latest being the Customer Information Sheet (CIS). This initiative aims to demystify policy benefits and...
by AIP Online Bureau | Oct 21, 2023 | Eco/Invest/Demography, Indian News, Non-Life, Regulation, Technology
Zopper has been awarded the project by the Indian insurers, represented by both the councils- General Insurance Council and Life Insurance Council, to create a comprehensive technology platform that can be used by the industry to enroll agents, mainly women, in...
by AIP Online Bureau | Aug 15, 2023 | Indian News, Regulation
The race for member (Finance and Investment) is hotting up as it is believed N. Srinivas Rao, a former joint secretary, department of financial services(DFS) and currently a chief economist & president (Corporate Affairs), Bajaj Finserv, Lalit Kumar Chandel, again...
by AIP Online Bureau | May 18, 2023 | Health, Indian News, Life, Non-Life, Reinsurance
Debasish Panda, chairman, IRDAI Raising the overall budget for Bima Sugam to Rs 200 crore from around Rs 85 crore, Irdai now plans to go for requests for proposals (RFPs) soon to appoint a service provider for the platform. The service providers will be the...
