How location intelligence is advancing insurance innovation

While a new concept, location intelligence and Aerial photos are proving to show Exceptional value in providing insurers with a deep understanding of their customers' needs. Moving beyond traditional zip code data, this technology leverages geospatial insights to paint a clearer picture of risk. For example, insurers can analyze flood risks based on real-time elevation […]

6 mins read

Chhattisgarh consumer court directs insurance company to pay Rs 85,71,271 with 6% interest to complainant | India News

Order of Chhattisgarh Consumer Dispute Redressal Commission Insurance company To Salary Rs 85,71,271 with 6% interest M / s. Shree Shyam Food Products, The company rejected the claim for damaged stock, sparking a legal battle. The Consumer Court's decision laid emphasis on adherence to rules and timely claim settlement.Chhattisgarh Consumer Disputes Redressal Commission has ruled […]

2 mins read

Unlocking Insurance Company Capital for Community Investment

Washington, DC, April 1, 2024 – In collaboration with the Robert Wood Johnson Foundation, the Community Investment Center (a sponsored project at Rockefeller Philanthropy Advisors) solicits ideas and information from insurance and reinsurance companies, brokers, pools and other related industry entities that wish to invest in the fund or Structures that provide tangible social benefits […]

5 mins read

Two insurance rules from April 1, 2024: Demat type e-Insurance Account must to buy new policies, latest surrender charges

There are two guidelines starting from April 1, 2024 that are going to impact insurance policyholders. One is mandatory e-insurance policies for new policyholders and the other is in respect of surrender charges for life insurance plans such as endowment policies. Here's what policyholders need to know: E-insurance mandatory for new policyholders from April 1, […]

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Sunday working: LIC, other insurance companies, banks, income tax offices to remain open on March 31; Here’s why

In view of the advisory issued by the Insurance Regulatory and Development Authority of India (IRDAI), insurance companies will keep their offices open on Sunday, March 31. To avoid any hassle to policyholders at the end of the financial year 2023-24, the regulator advised insurance companies to keep their offices open on March 30 and […]

3 mins read

Insurance Company: Licence Expired: Insurer Told To Pay 75% Of Claim | Ahmedabad News

Ahmedabad: A consumer commission gave an order Insurance company To pay 75% of claim on non-standard basis motor accident Death because the insured did not have a valid driving license. According to case details, Chandrakant Sinha died in a road accident while riding a two-wheeler in the Raipur area of ​​the city in March 2019. […]

1 min read