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Insurance
IRDAI fines New India for delaying claim settlement
The insurance regulator has imposed a fine of Rs.3 lakh on the general insurer.
by
Team Cafemutual
Sep 18, 2019
IRDAI finds irregularities in Bajaj Allianz, SBI and Go Digit general insurers
While IRDAI imposed penalties on Bajaj Allianz General Insurance and Go Digit General Insurance, it has left off SBI General Insurance with a warning.
by
Team Cafemutual
Sep 17, 2019
Tell your clients to abide by traffic norms to avail discounts on insurance
IRDAI to allow insurance companies to link traffic violation with premiums of motor insurance policies.
by
Nishant Patnaik
Sep 15, 2019
‘Spurious callers lure investors with bonus and agency commission even on lapsed policies’
IRDAI cautions public not to fall prey to spurious calls.
by
Team Cafemutual
Sep 13, 2019
HDFC Life celebrates September as life insurance month
The insurance company is broadcasting a series of digital content and conduct ground level activities across their branch offices highlighting the importance of life insurance.
by
Team Cafemutual
Sep 11, 2019
When it comes to insurance, investors prefer distributors to direct and online channels
In non-life industry, insurance intermediaries sell 72% of policies.
by
Nishant Patnaik
Sep 9, 2019
Rs.1.11 crore fine on online aggregator Policybazaar.com
IRDAI has found that the online web aggregators extended special offers and discounts to prospective clients and run advertisement on its website.
by
Team Cafemutual
Aug 30, 2019
Over 1.10 lakh agents join life insurance business in one year
While LIC India added 28000 new agents, private insurance companies saw addition of 82600 crore in the last one year ending on June 2019.
by
Team Cafemutual
Aug 27, 2019
Ensure at least 15% growth in insurance industry: IRDAI Chairman
To achieve this growth, he urged the insurance companies and agents to leverage technology.
by
Team Cafemutual
Aug 23, 2019
IRDAI introduces a new insurance distribution channel to boost rural penetration
The insurance regulator would leverage the existing network of common public service centres to distribute insurance policies in rural areas.
by
Nishant Patnaik
Aug 22, 2019
IRDAI uncovers a fake website called ‘irdaionline.org’ that sells insurance policies
IRDAI runs a portal with an almost identical domain name www.irdaonline.org for insurance agents and brokers.
by
Nishant Patnaik
Aug 19, 2019
IRDAI relaxes norms for open architecture
The insurance regulator has expanded the scope of insurance marketing firms.
by
Team Cafemutual
Aug 11, 2019
K Ganesh is the new Member (Life) of IRDAI
Ganesh has replaced Nilesh Sathe.
by
Team Cafemutual
Aug 9, 2019
Reporting on agents’ commission no longer required, IRDAI to insurers
However, IRDAI has signalled that it would modify such a reporting to capture additional payouts such as rewards.
by
Nishant Patnaik
Aug 9, 2019
Mobikwik, Edelweiss Tokio Life to sell life insurance of Rs.1 lakh at Rs.148
Edelweiss Tokio Life and Mobikwik tie up to offer bite-sized insurance.
by
Team Cafemutual
Aug 2, 2019
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