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MICROINSURANCE
Y-Combinator backed Bimaplan appoints Yogesh Gupta as chief business officerAt Bimaplan, he will build upon his work over the last decade in the microinsurance segment and scale it with the help of technology to rea...
View: A step forward in microinsurance with the IRDAI reportThe Self-Employed Women’s Association, SEWA, took up the challenge of providing microinsurance in 1992, as we witnessed how informal women ...
Irdai panel suggests reducing entry-level capital requirement for micro-insurance companiesThe committee set up by the Insurance Regulatory and Development Authority of India (Irdai) to suggest steps to promote micro-insurance sai...
IRDAI's microinsurance panel moots longer term for general insurance, stamp duty waiver, E-KYCMicroinsurance is specifically intended for the protection of low -income people, with affordable insurance products to help them cope with...
Kishore Biyani sees the future in micro insuranceThe company had launched Future Pay wallet last year and is launching a consumer-lending business soon.
Irdai allows PoS to distribute all micro-insurance productsA micro-insurance policy is a general or life insurance policy with a sum assured of Rs 50,000 or less.
Jan Dhan Yojna phase II: LIC, general insurers asked to finalise productsGovt has asked all state-owned general insurers and LIC to finalise the micro-insurance products to be sold to account holders in the secon...
New India Assurance sets Rs 15,000 crore premium target for FY1416 more micro-insurance products have been added to the company's stable and revised health insurance products are also in the offing.
- Offer maturity benefits on micro-policies: IRDA
A majority of the 14.8-million micro-policies sold in FY12 was term insurance, which offers no maturity benefit to the policy holders.
- Basix, Aviva to launch automated microinsurance policy process
Bhartiya Samruddhi Finance and a leading insurance provider Aviva have launched an automated retail microinsurance policy process.
- Allianz takes Indian made micro-cover to the world
India is the best spawning ground for global micro-insurance products, discovers German insurer Allianz.
- Cover cos fail to insure lower sections of society, feels govt
The government has expressed unhappiness over the fact that insurance companies have failed to provide cover to lower sections of society.
- Gradatim launches India's first microinsurance platform
Gradatim IT Ventures, announced the launch of its on-demand micro-insurance technology platform called MF-Insure.
- Microinsurance for tsunami-hit Indian region
One of the world's largest private insurers plans to offer natural disaster and accident insurance in parts of India hit by the 2004 Boxing...
- Microinsurance regulations here get global pat
The global association of insurance regulators is following India’s lead in recognising microinsurance as a distinct activity with a separa...
- Is microinsurance merely to address loan default?
Microinsurance in India is hit by a mismatch between the tenure of microcredit servicing and the minimum period of term insurance prescribe...
- Powered by NGOs, LIC’s microinsurance covers 80 K poor
More than 5 crore policyholders will be beneficiaries of LIC’s microinsurance scheme this year.
- ‘Local investors’ risk-appetite on rise’
Enthusiastic about his 10th trip to New Delhi, ever since his appointment as managing director of Tata AIG Life 10 months ago, Trevor Bull ...
- ING Life keen to partner post offices
ING Vysya Life is a joint venture of Amsterdam-based financial institution ING Group, Exide Industries, Gujarat Ambuja Cements and Enam Gro...
- IRDA wants insurers to shape up on microinsurance
These days, Insurance Regulatory Development Authority (IRDA) is busy working out a guidance paper on microinsurance.