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BIMA SUGAM LAUNCH
When insurance reforms met reality: Hospitals, insurers and patients- IRDAI launches Bima Sugam: One-stop insurance marketplace, here’s how it works
- Like life insurers, general insurers should be allowed to sell long-term products, why can’t we sell health for, let’s say, 10 years? MD and CEO, Bajaj Allianz General Insurance
- Insurance less competitive now versus other financial products, says Alok Rungta, Future Generali India Life Insurance CEOAmong other reasons, this is due to the rolling back of tax benefits and inflation-induced lower disposable incomes, says Alok Rungta, MD &...14 Jul, 2025, 06.30 AM IST
- Leaderless and lagging: India's insurance overhaul stalls without Irdai head since MarchIndia's insurance sector faces stagnation. Major reforms are delayed after the Irdai chairman's departure. Initiatives like Bima Sugam, Vis...06 Jun, 2025, 02.18 PM IST
- Outgoing IRDAI Chief has hits to his credit, perhaps misses, tooChange in EoM Guidelines: Under his stewardship, IRDAI introduced the Expenses of Management (EoM) regulations at a time when the industry ...11 Mar, 2025, 06.06 AM IST
- When women generate income, they should be encouraged with income protection: Girija SubramanianThe Women Udyam Bima Policy is a step towards empowering women entrepreneurs by providing tailored financial protection. In this exclusive ...08 Mar, 2025, 04.29 PM IST
- Irdai, insurers discuss growth trends, risksIrdai emphasised on the need for stress testing, scenario analysis and effective asset-liability management (ALM). The National Bank for Fi...15 Feb, 2025, 11.42 PM IST
- India's non-life Insurance industry may register double-digit growth in 2025Non-life insurers in India expect double-digit growth in 2025. Key drivers include a conducive regulatory environment and innovative produc...02 Jan, 2025, 01.05 PM IST
- Irdai chairman Debasish Panda seeks more conglomerates to enter insurance; regulator nudging more cos to listIrdai chairman Debasish Panda encourages conglomerates to join India's insurance sector, emphasizing growth opportunities. He highlights ef...22 Oct, 2024, 03.33 PM IST
- Bima Sugam approved: Insurance policies set to be more affordable; buying policies, claim-settlement to be easierIRDAI has approved the proposal to set up Bima Sugam — an online insurance marketplace. From buying insurance policies to renewals to claim...23 Mar, 2024, 10.44 AM IST
- Irdai fine-tuning Bima Sugam, likely to miss August launch dateBima Sugam once launched will serve as an online insurance marketplace, similar to an e-commerce platform, where insurers have the opportun...16 Jun, 2023, 03.19 PM IST
- Health contributes more than 40% of our overall pie: Suresh Agarwal, Kotak Mahindra General InsuranceThe pandemic has brought about changes in the insurance industry in India, including increased awareness and engagement among customers, di...26 May, 2023, 09.38 AM IST
- How health insurance plans have changed since Covid 19: OPD, mental health, surrogacy, pay as you go and moreCovid 19 pandemic has proven to be a pathbreaking moment for health insurance plans in India as it exposed the vulnerabilities and allowed ...17 May, 2023, 01.09 PM IST
- What is Bima Sugam & how will it be different from a PolicyBazaar? Hari Radhakrishnan explainsThe Bima Sugam is a proposed one-stop-shop for all insurance-related queries, including policy purchase, claim settlement, and insurance ad...16 Mar, 2023, 09.53 AM IST
- IRDAI in talks with govt for relaxation of Rs 100-crore entry capital for insurers: Debasish Panda"Like in the banking system, we have microfinance institutions, regional banks, and small finance banks. So, we have all categories of bank...06 Nov, 2022, 02.42 PM IST
- Bima Sugam to be game changer for insurance sector, says IRDAI Chairman PandaInsurance Regulatory and Development Authority of India (IRDAI) chairman Debasish Panda in an interview with PTI said Bima Sugam should be ...30 Oct, 2022, 04.17 PM IST
- Liberalisation, ease of doing biz make insurance sector attractive for investment: N S KannanPresenting India's case in terms of ease of doing business, he said post liberalisation, foreign direct investment in the insurance sector ...12 Sep, 2022, 05.50 PM IST
- Budget 2011-2012: Speech of Pranab Mukherjee, Minister of FinanceOur growth in 2010-11 has been swift and broad-based. The economy is back to its pre-crisis growth trajectory.28 Feb, 2011, 07.11 PM IST
- Key features of Budget 2011-2012Swift and broad based growth in 2010-11 has put the economy back to its pre-crisis growth trajectory. Fiscal consolidation has been impress...28 Feb, 2011, 06.15 PM IST
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