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  • Insurance

    Less than 1% agents are MDRT in India, among the lowest in the Asia
    Hong Kong tops the list by contributing 16% of its agency population to the MDRT.
    by Bhakti Makwana Sep 25, 2019
    IRDAI allows general insurers to hike premium by up to 15%
    IRDAI has now allowed general insurers and standalone health insurers to modify their existing policies.
    by Nishant Patnaik Sep 24, 2019
    Future of Indian insurance distribution business
    Going forward, three distribution channels will emerge as leaders – direct, agents who use technology and offer multiple products and affinity based distribution.
    by Bhakti Makwana Sep 22, 2019
    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
    Cafemutual is an independent media platform and focuses on providing knowledge and information for the benefit of finance professionals. We do not promote any particular brand or asset category.