You can be Flipkart or Amazon of insurance distribution
Insurance Regulatory and Development Authority of India (IRDAI) has allowed insurance intermediaries to distribute insurance policies by floating their own e-commerce platform
by Team Cafemutual Apr 15, 2017
Life insurance related queries are now a chat away
HDFC Life, PNB Metlife Insurance have recently rolled out their own versions of chatbots.
by Rosevina Gonsalves Apr 12, 2017
Non-life insurance premium up by 32% in FY 2016-17
Experts attribute this growth to increasing premium collection in health insurance, motor insurance and crop insurance.
by Rosevina Gonsalves Apr 12, 2017
Open architecture in insurance distribution yet to gain popularity
Only 114 individuals and corporates have floated Insurance Marketing Firm (IMF) in two years.
by Rosevina Gonsalves Apr 8, 2017
Edelweiss Financial Services to foray into general insurance business
The company has received IRDAI’s go ahead to set up non-life business in India.
by Team Cafemutual Apr 7, 2017
Should you consider protecting your business with cyber insurance?
Increasing cyber-crime and online threats have led to an increase in demand for cyber insurance policies.
by Rosevina Gonsalves Apr 7, 2017
More teeth to insurance brokers
IRDAI proposes to allow insurance brokers to provide claims assistance to policyholders for claims up to Rs.10 crore.
by Team Cafemutual Apr 5, 2017
A combination of offline financial advice and online transactions can help agents grow business: LIC
LIC Chairman VK Sharma has urged distributors to adopt ‘physital mode of distribution’ i.e. a combination of both – physical and online insurance distribution to grow their business.
by Rosevina Gonsalves Apr 4, 2017
IRDAI imposes fine on ICICI Prudential and PNB Metlife for violating norms
While ICICI Prudential had made additional pay out to its corporate agents, PNB MetLife delayed claim settlement.
by Team Cafemutual Apr 1, 2017
Incentives to agents need not necessarily linked to insurance policies: IRDAI
The insurance regulator has clarified that insurance companies need not calculate incentives on each and every insurance policies sold by the intermediaries.
by Team Cafemutual Mar 31, 2017
IRDAI hikes third party motor insurance premium by up to 40%
The new rates will come into effect from April 1, 2017.
by Rosevina Gonsalves Mar 30, 2017
Health insurance premium set to go up from April 1
IRDAI clarifies that insurance companies can increase health insurance premium to comply with the new commission guidelines.
by Team Cafemutual Mar 28, 2017
IRDAI tightens investment norms for Insurers
IRDAI has asked insurers to disclose the rationale behind their investment decisions.
by Team Cafemutual Mar 24, 2017
General insurers can hike premium to remunerate their agents
IRDAI has allowed non-life insurance companies to incorporate changes in premium rates to comply with the new commission guidelines.
by Team Cafemutual Mar 23, 2017
Policyholders to get Rs.5 crore from insurers on data misuse
Insurers will have to adopt a comprehensive information and cyber security framework to mitigate internal and external threats.
by Team Cafemutual Mar 23, 2017
