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PRUDENT INSURANCE BROKER
Insurers racing to ‘AI-proof’ systems as IRDAI flags risksIndian insurers are rethinking how they assess cyber risks. Regulators have asked them to review exposure to artificial intelligence-driven...- Uber's India data centre bet; Cyber cover meets AI riskUber will establish its first data centre in India with the Adani Group. This and more in today’s ETtech Top 5.
- Companies fish for cyber cover as AI liability risks surfaceIndian companies are turning to cyber insurance for protection against AI risks. Concerns about AI agents going rogue or chatbots providing...
- Decoding SAFU: The structural integrity checks every cryptocurrency exchange must passAs India's digital asset market matures, investors prioritize counterparty risk and verifiable institutional standards. The article outline...
- Indian companies turn to outsourced cybersecurity to bridge talent gapIndia’s cybersecurity outsourcing market is growing as companies adopt SOC-as-a-service due to talent shortages, high costs, and complex th...
- India’s group health insurance shifts to points-based flexible benefits as employees demand choiceThe landscape of group health insurance in India is undergoing a transformation. Organizations are shifting away from rigid, one-size-fits-...
- Corp insurance premiums fall up to 80% this seasonCorporate insurance premiums are falling sharply this renewal season. Property and commercial lines are witnessing steep declines. Intense ...
- West Asia Crisis: War cover premiums rise for freight carriers, impacting shipping costsAs freight carriers absorb escalating costs for war cover in West Asia, shipping expenses are poised for a hike. Ships transporting crude o...
- Cyber cover rush gathers pace as digital risks mountThe time taken to put a cyber insurance cover in place has shrunk dramatically to just a few days from six to seven months earlier, as comp...
- Insurance payout for passengers of Air India's crashed plane to be governed by Montreal Convention: ExpertsFollowing the Air India plane crash in Ahemdabad, insurance payouts to dependents will be determined by the Montreal Convention. Compensati...
- YouTubers run for cover, but insurers lack policy umbrellaIndia's top YouTubers are increasingly considering cyber insurance to protect their digital assets amid a rise in cyberattacks. The recent ...
- Razorpay revamps health insurance policy, provides coverage for vital medical treatmentsRazorpay unveils new employee health insurance policy covering vital treatments like HIV/AIDS and conditions such as polycystic ovary syndr...
- Government considering 100 per cent FDI in insurance brokingAccording to Prudent Insurance Brokers Director Pavanjit Singh Dhingra, the decision would help strengthen distribution as it is not high c...
- Medical insurance: Employee mediclaim benefits set to shrinkThe employers are reducing benefits because the premium they have to pay has shot up by 30-100% due to rising claims.
- Cos may now have to bear bigger slice of insured lossLoss-hit non-life insurers decide to fix a floor level for deductibles.
- Insurance cos push for uniform hospital ratesTo control health cover costs, insurance companies are bargaining hard with hospitals for a standard rate card.
- Property insurance rates crashProperty insurance rates fell by as much as 75-80% on the first day of free pricing in the general insurance market.
- Reinsurers now take higher risk, cut commissionReinsurers have adopted a cautious approach as insurance companies are aggressively expanding their business under the deregulated regime.
- GIC changes reinsurance treaty terms after lossesHit by both steep drops in premiums with price detariffing and losses on account of some large projects, Indian reinsurer.
- Insurers put premium on risk profilePremiums you pay is now linked to the risks you carry.
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