ICICI Prudential Life Insurance taps ML to predict customer behaviour
Indian insurance provider ICICI Prudential Life Insurance is using machine learning (ML) models to predict the future persistency behaviour of Read more
Indian Insurance
Risk Management Conclave and Business Fest CRESCENDO 2020 held by Christ University
The Department of Professional Studies CHRIST (Deemed to be University) conducted a Risk Management Conclave and Business Fest CRESCENDO 2020 Read more
Refineries denied insurance over Iran crude
MRPL and Chennai Petroleum Corporation are facing a crisis situation with reinsurers stating that their coverage will not be available to any company processing Iranian crude. While both these refiners process Iranian crude oil, Chennai Petroleum Corporation is worse affected as the Iranian oil companies have a 15% stake. Read more
Necessity of training for the General Insurance Agents
Having put in service of more than 4 decades in the insurance industry, I had been seeing that among the Read more
Launching of Unit Linked Health Insurance by Life Insurers
Introduction:
Both non-life and life insurance companies are keen on cashing in on the growing opportunities in the health insurance segment. They are on course to offer a slew of products, other than Mediclaim, to give more choice to consumers. Read more
Third Party Administrator in Health Insurance?
Gone are the days of the bleak appearance of the health insurance programmes in the  insurance scenario. Now the Indian insurance market resurrects by giving a legal clothing by IRDA on its constitution of the Third Party Administrator Regulations. Read more
Bimafest
It appears, celebration time is here for non-life insurers. One can see mega discount sale being organized by various insurers! Surely, the idea of “garage sale” cannot work for insurance products. It can however be clearly seen that “premium discount” is the much talked about issue in the non-life insurance market. After the opening up of the insurance sector for private participation, the focal point of debate in various circles was detariffing. Read more