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IRDAI WORKING GROUP
The hidden cost of looking better: What health insurance covers, and what it leaves you to payRising demand for weight-loss drugs, cosmetic procedures and wellness treatments is creating a growing out-of-pocket healthcare expense cat...- Proposed commission caps may drive consolidation in insurance distribution: Acko CEOAcko founder Varun Dua anticipates regulatory changes to insurance distributor commissions will drive consolidation and professionalization...
- Insurance CEOs’ pay now linked to claims and customer grievances: What it means for policyholdersInsurance CEOs’ remuneration will now partly depend on how well they treat policyholders, from settling claims to resolving complaints. A t...
- Commission caps to pose existential threat to insurance distributors: Policybazaar’s Yashish DahiyaPolicybazaar faces potential business disruption from IRDAI's proposed commission caps, prompting consideration of an insurance manufacturi...
- Missed insurance claim submission deadline? Don't worry, you are still eligible for reimbursement. Here's whyA Bombay High Court ruling favored policyholders, stating insurers cannot reject claims solely for delayed document submission beyond the 9...
- NPS Swasthya: A cushion, not fill-in, for health coverCan the NPS Swasthya scheme be an effective substitute for a comprehensive health insurance plan that covers hospitalisation and related ex...
- Will your hospital bills fall with new IRDAI move? Know how policyholders will be impacted with the formation of this new panelPolicyholders facing rising premiums, slow claims, and opaque hospital pricing will soon see changes. IRDAI's new sub-committee aims to sim...
- Not happy with your health insurer? How portability helps you switch without losing benefitsFeeling let down by your health insurance? Portability allows you to switch providers without losing benefits like waiting period credits a...
- Kiwi's General Insurance application clears R1 stageKiwi General Insurance, supported by Westbridge Capital, has received initial approval from the insurance regulator, IRDAI, signaling the c...
- No plans to bring standard products for cyber liability insurance policy as of now: Member IrdaiA working group was formed by the regulator for examination of bringing standardisation of cyber liability insurance policy. Irdai issued a...
- Robust legal framework necessary for development of surety bonds market in India: IRDAI report"For surety market to develop in India and keeping in mind best practices observed in other markets, a robust legislation requiring surety ...
- Irdai to look at system for colour-coding health insurance coversThe colour-coding will be based on a scoring method of between 0 and 6. Based on criteria, if a product gets a score of 2 or less, it will ...
- IRDAI working group suggests broad framework for insuring dronesAmong other things, the group in its report has come out with Specimen Policy Wording (Drone Insurance) which includes various definitions ...
- You may soon be able to buy index-linked life insurance policiesThe Authority is in receipt of requests from life insurers to allow them to offer index-linked products. Current IRDAI, product regulations...
- Irdai examining feasibility of insurers offering surety bonds for road contractsIn the wake of the COVID-19 pandemic and its subsequent economic impact on liquidity and cash-flows in the Indian banking sector, the Minis...
- National Health Authority, IRDAI recommend measures to check frauds, data standardizationA joint working group of IRDAI and NHA was formed to work on key areas of mutual interest and co-operation which focussed their work on fou...
- IRDAI may soon link motor insurance premium with traffic violations; pilot project in DelhiBad drivers may face a double whammy as penalties for traffic violations have already gone up sharply.
- Irdai panel suggests host of steps for speedy settlement of insurance claimsThe Irdai had set up a Working Group (WG) to examine and deliberate upon the existing framework for surveyors and loss assessors and make i...
- Wearable gadgets could soon be part of insurance policy: IrdaiThe 10-member working group will examine the role of innovation in insurance involving wearable/portable devices.
- Data fraud: Irdai takes guard, readies cyber security shieldThe Insurance Regulatory and Development Authority of India (Irdai) said it will be a comprehensive framework for the sector.
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