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BC Patnaik quits as Member, Life, IRDAI

BC Patnaik quits as Member, Life, IRDAI

by AIP Online Bureau | Oct 6, 2024 | Indian News, Life, Regulation

BC Patnaik, Member, Life, IRDAI Recently, Patnaik, who retired as a  managing director of LIC in March 2023, has been selected as the director, National Insurance Academy(NIA) , Pune and is expected to take over his new academic assignment in mid Nov...
Data privacy is a major concern for insurance industry: LIC CEO

Data privacy is a major concern for insurance industry: LIC CEO

by AIP Online Bureau | Oct 6, 2024 | Eco/Invest/Demography, Indian News, Life, Regulation, Risk Management, Technology

(LtoR) Siddhartha Mohanty, CEO and MD, Life Insurance Corporation and Satyajit Tripathi, Member (Distribution), IRDAI at an event organised by Pune based National Insurance Academy in Mumbai IRDAI’s  methods for monitoring companies and intermediaries have...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

by AIP Online Bureau | Oct 3, 2024 | Health, Indian News, Life, Non-Life

Siddarth Mohanty, MD &CEO, LIC Siddartha Mohanty, MD &CEO, LIC, said, “Yes , we are now actively searching for an Indian health insurer where we can pick up a large stake but less than 50 per cent. We will not run the company on day- to- day basis but...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

LIC to tap NRIs and PIOs through Gift City

by AIP Online Bureau | Sep 20, 2024 | Eco/Invest/Demography, Indian News, Life

Siddartha Mohanty, CEO & MD,LIC Siddartha Mohanty, CEO & MD,LIC, addressed a conference of its CEO’s & Heads of foreign units from UK, Singapore, Bahrain, Kenya, Fiji, Mauritius, Nepal, Sri Lanka & Bangladesh at GIFT city, Gandhinagar on Friday Gift...
LIC hunts for a suitable health insurance partner, to pick up less than 50% stake

Infosys to drive LIC’s digital transformation with NextGen platform

by AIP Online Bureau | Sep 16, 2024 | Indian News, Life, Technology

Siddhartha Mohanty, CEO and MD, LIC “It will not only enhance our operational capabilities but also enable us to cater to our vast customer, agent and employee base with newer, more personalised experiences. We are committed to leveraging the latest technologies...
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