Digital transformation has profoundly transformed commercial sectors such as healthcare, travel, manufacturing, hospitality, and retail across the globe. While the insurance industry has traditionally been slower to adopt this change due to its strict regulation and lack of investments, the industry is now recognizing the need to embrace modern technology.
Digital transformation has profoundly transformed commercial sectors such as healthcare, travel, manufacturing, hospitality, and retail across the globe. While the insurance industry has traditionally been slower to adopt this change...
Insurance Regulatory and Development Authority of India (IRDAI) is committed to enable insurance for all by 2047, whereby every citizen would have appropriate life, health and property covers, and every...
Insurance penetration has become one of the top-most priorities for insurers now. It is calculated as the ratio of total insurance premiums to gross domestic product in a given year....
Recently, the Insurance Regulator has issued a circular capping the acquisition and operating cost an insurance company can incur. As per the Insurance Regulatory and Development Authority of India (Expenses...