‘Insurers should encourage customers to renew policies online’
IRDAI Chairman TS Vijayan has urged non-life insurance companies to leverage technology to grow business.
by Rosevina Gonsalves Mar 21, 2017
Over 58,000 life insurance policies sold online
Experts believe the number is set to rise in the future as more and more Indians are getting hooked to online transactions.
by Team Cafemutual Mar 17, 2017
Response of POSPs not as expected: IRDAI
IRDAI had allowed point-of-sale persons (POSPs) to sell basic insurance policies in FY 2015-16.
by Rosevina Gonsalves Mar 16, 2017
99 percent grievances redressed by non-life insurers
IRDAI annual report states that over 60,000 complaints were resolved in the last fiscal.
by Team Cafemutual Mar 15, 2017
IRDAI eases recruitment process for sales persons by agents
The insurance regulator has done away with the requirement of passing NIELIT exam.
by Team Cafemutual Mar 14, 2017
IRDAI connects with aam aadmi through FM radio
The insurance regulator is carrying out insurance awareness campaigns on FM Radio.
by Team Cafemutual Mar 10, 2017
LIC of India claims 100% grievance redressal
The life insurer industry has a 100% grievance resolving record in FY 2015-16.
by Team Cafemutual Mar 10, 2017
Insurance policies are now a click away
IRDAI issues guidelines on e-commerce platform insurance distribution.
by Team Cafemutual Mar 10, 2017
Max Bupa bets big on its service delivery
Launches Brand Campaign on its 30 Minute Cashless Promise
by Team Cafemutual Mar 10, 2017
IRDAI urges insurers to encourage agents for open architecture model
TS Vijayan has urged agents to float insurance marketing firm (IMF) to grow business.
by Rosevina Gonsalves Mar 10, 2017
Third party motor insurance to get costlier
The insurance regulator has proposed to hike third party motor insurance premium rates by up to 50%.
by Team Cafemutual Mar 4, 2017
Only 30% of life insurance agents sell non-life policies
Six lakh agents sell non-life policies as against 20 lakh agents in life insurance industry.
by Rosevina Gonsalves Mar 2, 2017
IRDAI legalizes incentivizing agents with gifts
IRDAI has allowed insurance companies to reward insurance intermediaries with incentives in the form of gratuity, insurance cover, promotional gifts, office expenses etc.
by Nishant Patnaik Feb 23, 2017
Non-life insurance industry pays out Rs.6000 crore commission in FY 2015-16
Overall, the commission expense of the non-life insurance industry has increased by 11%.
by Rosevina Gonsalves Feb 23, 2017
