Everything about insurance!
IRDA micro-insurance Regulations, 2005 defines microinsurance as a general or life insurance policy with a sum assured of Rs 50,000 or less. In other words, micro-insurance aims to provide financial protection to low-income families those with an approximate income less than Rs. 250 per day. …
Telematics is the combination of words, “telecommunications” & “informatics” . When this term is used in Insurance, it is called “Telematics Insurance”. Telematics in insurance works by fitting your car with a small device – commonly known as a ‘black box’. This records speed patterns and …
The group will examine the need for index-linked products in India with reference to availability of various indexes and how it will better serve the needs and interests of customers relative to traditional savings products.
If you haven’t read our previous articles on Insurtech, please give it a go on The Actuarial Club. We highly recommend you to read these articles in addition to this one to get a better understanding of Insurtech in India as well globally. What are …
If you haven’t read our previous articles on Insurtech, please give it a go on The Actuarial Club. We highly recommend you to read these articles in addition to this one to get a better understanding of Insurtech in India as well globally. How Global …
Many companies are already benefiting from the advent of Insurtech. As they have transformed themselves digitally to offer convenience, security, choice, and comparison to their modern customers, it becomes important for consumers to also understand the benefits of Insurtech which is changing the industry-wide mindset. …
If you haven’t read our previous two articles on Part 1: What is Insurtech and Reason of Growth and Part 2: How Insurtech is reshaping the global insurance market, please give it a go. We highly recommend you to read these articles in addition to …
Data has always played the role of the backbone in the insurance sector. Nowadays the rate of increase in data is greater than the population growth itself. Big companies and startups are looking forward to investing in data analytics. But human effort can’t compile the …
If you haven’t read our first article; Insurtech Part 1 – What is Insurtech and Reason of Growth. We highly recommend to read that first before reading part 2; How Insurtech is reshaping the global insurance market For knowing how the startups are changing the …
In this article, as Insurtech Part 1, the author is going to give you an Introduction of What is Insurtech? & Why it has seen an explosive growth? The case studies will follow soon.
AXA XL, the Property & Casualty and Specialty Risk division of AXA, has developed an innovative insurance solution for Hoyos Integrity Corporation (Hoyos) to launch the world’s most secure digital “Hot” wallet.
PRNewswire/ — Autumn marks the start of migration season for many species, which can lead to more encounters between drivers and animals on roadways. Farmers Insurance® reveals 36% of Comprehensive auto claims filed with Farmers® due to accidents with animals occur between September and November, according …
the nation’s leading online insurance marketplace, announced the opening of a second headquarters in Durham, North Carolina. The first headquarters is in the Flatiron District, the largest tech hub in New York City.
“Insurers need to become catalysts for innovation and government need to spread awareness across each corner of the whole country in order to drive growth in Indian insurance sector” Even after being the world’s 7th largest country, the second most populous one, the country with …
Even as Indian life insurers have recorded improvement in Indian assured lives’ mortality rates across age-groups and genders, the 13-20 years age bracket has bucked this trend. Mortality rates have risen by nearly 5% as per Indian Assured Lives Mortality table 12-14 published by the …