New India Assurance eyes 100% growth in online policy sales
New India Assurance Co is looking to achieve 100% growth in online sales which stood at Rs 150 crore last year. Read more
Sanjay Datta
ICICI Lombard General Insurance, Healthspring tie-up to offer healthcare products
ICICI Lombard General Insurance Company Ltd. has announced its partnership with Healthspring, to provide healthcare products to its corporate clients in the Group Insurance space.
Clinical trial liability insurance to see sustainable growth
The clinical trial liability insurance segment could see a period of stable and sustained growth, as the market is expected to become more professional for trials. General insurers are of the view the recent apex court view on the issue would lead to a more orderly growth.
Bleeding motor insurers find novel ways to stem losses
General insurers, which have been in losses for much of the last decade, are working out novel ways to boost their income, including charging higher premium for those who park their cars in open, and from those who are in field jobs such as sales. Read more
General insurance companies go to IRDA with new proposals; move to bring down fraud third party claims
If general insurance companies have their way with the regulator, your accident insurance claim will be rejected if a friend rams your car. It may well be curtains for people taking joyrides in friends’ cars. Read more
Agents trip health insurance porting
Health insurance portability, which has been in force for a year, has not resulted in any major churn among policyholders. Insurers say that one of the reasons could be that agents are reluctant to hand-hold customers as regulations bar commissions on ported policies. Read more
ICICI Lombard General Insurance launches ‘International Travel Insurance’
ICICI Lombard General Insurance Company Ltd. has launched a new travel insurance product “International Travel Insurance”. Keeping in mind the unique needs of customers, the policy provides overseas medical insurance along with coverage for all trip related risks. A one stop solution, it caters to the needs of not only international travellers but also the insured’s family back home. Read more