Agriculture

During the short span of 2 years, the Trust has engaged itself in many noble activities such as raising funds to provide timely aid to the victims of natural crisis like Kerala floods. The Trust also provides periodical service, both in financial and physical form to old age homes and to the destitute children. The Trust also has entered into long term initiatives like providing aid to cancer research Institutes and downtrodden cancer patients in a regular and structured manner. The “CIDIZEN Care Centre for Cancer” was launched on July 28th 2018, by Smt.T.L.Alamelu, CMD, Agriculture Insurance Company at a Global Insurance Summit organised by the Trust at Chennai. The Summit was graced by top officials of various General Insurance Companies like Shri. John Pulinthanam, Director & GM, National Insurance Company Ltd., Smt.M.Sashikala, Director & GM, GIC RE, Shri.K.B.Vijay Srinivas, the then Director & GM, United India Insurance Company Ltd., Smt.J. Jayanthi, GM, The New India Assurance Co. Ltd., Shri. M. Easwara Narayanan, CEO, Future Generali India Insurance Company Ltd., Smt. Geetha Santhaseelan, DGM, Oriental Insurance Co. Ltd. and Shri.R. Ramamurthy, DGM, Oriental Insurance Co. Ltd. Business sessions were mentored by Hon’ble Ombudsman, Chennai & Puducherry, Shri.M. Vasanthkrishna and Former GIC GM & founder CEO of IIB, Shri.R.Raghavan. Issues affecting General Insurance Industry were discussed in the meeting. The next Summit is scheduled to be held on July, 27th 2019 at New Delhi.
General Insurance News 

Agriculture Insurance Company of India joins hand with Gramcover for rural insurance

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The Agriculture Insurance Company of India Limited has recently collaborated with Gramcover to collectively enhance rural insurance penetration. It will Read more
General Insurance News 

Tenders for Rs 100 crore farmers’ health insurance scheme soon

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The state directorate for agriculture and food production, which has been appointed as the nodal agency for implementing the farmers’ insurance scheme under the Biju Krushak Kalyan Yojna, will float a tender by the end of this month to select the service provider for the scheme, estimated to cost the exchequer about Rs 100 crore.

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General Insurance articles 

Tenders for Rs 100 crore farmers’ health insurance scheme soon

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The state directorate for agriculture and food production, which has been appointed as the nodal agency for implementing the farmers’ insurance scheme under the Biju Krushak Kalyan Yojna, will float a tender by the end of this month to select the service provider for the scheme, estimated to cost the exchequer about Rs 100 crore.

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Insurance News 

Weather insurance Agriculture and algorithms

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IN INDIA, when monsoons are delayed and crops fail as a result, farmers often don’t know how to pay back the debts they have taken on to purchase seeds. More than 15,000 commit suicide every year. These fates are a shocking reminder of a global problem caused by global warming. Farming has always been a gamble, but the growing number of “unusual weather events”, as experts call them, make seeding and harvesting an even riskier business. Read more