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WHAT IS BIMA SUGAM
CEOs quitting general insurance companies to pursue entrepreneurial venturesTop executives are exiting established general insurance firms to launch new entrepreneurial ventures. This trend is fueled by India's vast...
“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...
Regulatory chatter on commissions puts insurance stocks under the lensSpeculation about changes to insurance commissions is back on Dalal Street. This is raising concerns for distributors and insurers. Analyst...
2047 & beyond - Building a nation where every citizen is insuredAs India aims for Viksit Bharat by 2047, financial independence for every citizen is paramount. The IRDAI's 'Insurance for All' vision, sup...
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...
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 InsuranceIf the long-term life business can sell short-term health, general insurers should be able to sell long-term products, argues Tapan Singhel...
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 &...
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 ...
Insurtech’s offline push; GST heat on Zomato explainedHappy Monday! Insurtech startups are opting for an offline strategy for deeper market reach. This and more in today’s ETtech Morning Dispat...
PB Fintech shares dive on plans of healthcare foray; should you worry?PB Fintech share price dropped over 9% after the company indicated plans to enter the healthcare space. Rahul Jain from Dolat Capital discu...
e-Insurance in demat like format mandatory for all new policies from April 1, 2024; what is going to change?e-Insurance policies new rule: The Insurance Regulatory and Development Authority of India (IRDAI) has made it mandatory to hold new insura...
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...
Bima Sugam: IRDAI's draft regulations on one-stop online shop for all insurance policiesThe Insurance Regulatory and Development Authority of India (IRDAI) has released draft regulations for the electronic insurance marketplace...
Navigating the general insurance landscape: A reflective review and forward outlookThe GI industry is entirely focused on achieving the glorious mission of 'Insurance for All' by 2047, set by the insurance regulator.
How AI, Blockchain technology are taking India’s insurance industry to next levelThough the model has been quite robust, the insurance industry is reinventing itself to new heights where it is going through a profound ch...
Credit a better bet for fintechs eyeing expansion: PBFintech's Yashish DahiyaWhile admitting that there is a viable business to be set up in digitising the physical agent network, Dahiya said there is definitely a bu...
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...
Insurance sector will do extremely well: MR KumarThe sector has been doing extremely well. We are showing double digit growth in the year and going forward this should continue. Q4 is some...
LIC MD on what one licence for all insurance businesses will mean for the insurer“I believe that with the entry of new players, the market will further deepen, coupled with the fact that India is a growth story for the w...