Insurance Industry in India must focus from Growth to Development

Dr. P. Nandagopal, MD & CEO, India First Life Insurance Co. Ltd.while addressing the ASSOCHAM seminar said “Peering into the next decade, we realize the way forward is by shifting the focus from ‘Growth to Development’ for all stakeholders which includes customers, distributors,

Read more

Insurance News: Insurance industry to have premium income of Rs 18 lakh crore by 2020: ASSOCHAM

Mumbai, 20th September, 2011: Strong underlying demand tailwinds are likely to push premium income of the Indian insurance industry to Rs 18 lakh crore by 2020, apex chamber ASSOCHAM said today.

Read more

Health Insurance News: Health Insurance Portability

The IRDA, vide circular dated February 10, 2011, had issued guidelines on portability of health insurance policies which was to be introduced from 1st July 2011. Subsequently, on 24th June 2011, it was felt necessary to put in place a system to enable collection of data on the history Read more

Future Generali India has launched ‘Ab Nibhao rishtedari’ a new campaign

Relationships are the foundation of our culture. Building and maintaining relationships is predominant in India. Taking a cue from this cultural ethos of our country, Future Generali India has launched a new ‘Ab Nibhao rishtedari’ campaign, which seeks to invite prospective agents to join the growing FG family of insurance advisors. Read more

Selling of General Insurance policies through Kirana Stores

In order to take insurance products to the doorsteps of customers, the Insurance Regulatory and Development Authority is giving finishing touches to guidelines for “monoline” insurance agents — agents who will be authorised to sell only one simple insurance product. Read more