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BIMA SUGAM PLATFORM
“Misselling isn’t just about commissions”: Bandhan Life CEO on insurance reality checkSatishwar B., MD and CEO, Bandhan Life Insurance, discusses the Public Insurance Registry, Bima Sugam, misselling and commissions, in a con...- Lost insurance records? Here’s how IRDAI’s Public Insurance Registry aims to fix the problem for policyholdersIndia's insurance sector is set for a major upgrade. The IRDAI is creating a Public Insurance Registry and Bima Sugam platform. These initi...
- IRDAI holds talks on Public Insurance Registry designIndia's insurance regulator, IRDAI, met with industry leaders to discuss the new Public Insurance Registry and Bima Sugam platform. This di...
- IRDAI launches Bima Sugam: One-stop insurance marketplace, here’s how it worksIRDAI has officially launched the much-awaited Bima Sugam portal, aiming to revolutionise India's insurance landscape. This one-stop digita...
- Protean eGov Technologies shares surge 6% after Rs 100 crore order winProtean eGov Technologies has secured a Rs 100 crore work order from the Bima Sugam India Federation to serve as the Technology Solution Pr...
- 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...
- Irdai Chairman pitches for 100% FDI in insurance sectorDebasish Panda, IRDAI Chairman, advocated for 100% foreign direct investment in the insurance sector during the Business Standard's annual ...
- Irdai raises concerns over high auto cover commissionsIndia's automotive industry, which accounts for 7.1% of the nation's GDP, has boosted the growth of motor insurance. This sector now repres...
- 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...
- 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...
- Galaxy Health gets nod to launch health insurance business, IRDAI also okays setting up of insurance e-marketplaceIRDAI approved Galaxy Health led by V Jagannathan. Star Health had a Rs 618 crore net profit. IRDAI introduced Bima Sugam, likened to ONDC ...
- PB Fintech to consider returning capital to shareholders: Yashish DahiyaA formal decision in this regard, however, will be made only after discussions with the board and consent from shareholders, he added.
- IRDAI chief stresses on need for more insurers, enhanced products and servicesAlso, most hospitals don't allow cashless admissions even though the insurance product offers such a facility, citing one or other excuses.
- 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...
- RIL, Delhivery and Indiamart: How ONDC may impact these 3 stocksIn the medium term, the impact of ONDC could be negative for Indiamart if ONDC's B2B operations gain traction. It could directly compete wi...
- 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...
- Refuse fuel to uninsured vehicles, suggest insurersThe proposal was part of the presentation made during 'Bima Manthan', organised by insurance regulator, the Insurance Regulatory and Develo...
- 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...
- IRDAI panel to look at health insurance servicing via proposed new e-portal: Common claim platform?IRDAI constitutes a 15-member health insurance consultative committee that will help to achieve the goal of universalisation of health insu...
- 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 ...
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