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IRDAI forms committees to review health insurance policies and motor insurance premium
The insurance regulator has formed two committees – one for reviewing exclusion clauses in health insurance policies and another for reviewing third party motor insurance premium.
by Team Cafemutual Jul 25, 2018
Tata AIA appoints Rishi Srivastava as MD & CEO
Rishi replaces Naveen Tahilyani who is appointed as Chief Executive Officer, Group Partnership Distribution, AIA Group, Hong Kong.
by Team Cafemutual Jul 24, 2018
Higher commission and stringent recruitment help check agent attrition
LIC India adds 17,837 agents while private insurers lose 28,500 distributors.
by Team Cafemutual Jul 23, 2018
IRDAI may do away with high upfront commission of life insurance agents
IRDAI will look at levelling commission structure throughout the policy term to improve persistency.
by Nishant Patnaik Jul 20, 2018
You will have to furnish PUC certificate to renew motor insurance
Following the Supreme Court order, IRDAI has asked insurance companies not to renew motor insurance policies without pollution under control (PUC) certificate.
by Team Cafemutual Jul 12, 2018
Insurers to take a call on payment of commission on orphan policies
Now, agents who have left the insurance companies may not get trail commissions.
by Team Cafemutual Jun 28, 2018
IRDAI constitute a committee to review open architecture model in insurance distribution
The committee will look into ways to strengthen the insurance marketing firms (IMFs).
by Team Cafemutual Jun 21, 2018
Now, your clients can write a will online
Aviva Life Insurance has launched online will writing facility for their customers.
by Team Cafemutual Jun 20, 2018
Now, ATMs to issue health insurance policy in 3 minutes
Max Bupa Health ties up with Karur Vysya Bank to facilitate this.
by Team Cafemutual Jun 14, 2018
Life insurance AUM reaches Rs.33 lakh crore as on December 2017
Increase in new business premium and increased persistency ratio have helped the life insurance industry record 18% growth in its AUM.
by Team Cafemutual May 22, 2018
Life insurers pays out gross commission of Rs.16,000 crore in nine months
Commission payouts register a growth of 23%.
by Team Cafemutual May 16, 2018
Recommending a health plan to your client? Read this first
A suitable and transparent health policy can help your clients in their moments of distress
by Shreeta Rege May 15, 2018
Your clients can now invest up to Rs.15 lakh in Pradhan Mantri Vyay Vandana Yojana
Agents can earn up to 10 bps by distributing this scheme to their senior citizen clients.
by Team Cafemutual May 7, 2018
Subhash Chandra Khuntia is the new IRDAI chairman
Khuntia has succeeded TS Vijayan.
by Team Cafemutual May 2, 2018
Higher commission in life insurance help check agent attrition
LIC India adds 17,630 new agents while private insurers lose 23,500 distributors.
by Nishant Patnaik Apr 26, 2018