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IRDAI: Insurers need to leverage professional registry when issuing indemnity coverage

This adds another level of validation while issuing professional indemnity insurance covers to medical practitioners and in the future may also be useful in building network hospitals for healthcare. The Insurance Regulatory and Development Authority of India (IRDAI) has advised all general and health insurers to consider capturing or collecting healthcare professional (HPR) ID as […]

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Bima Sugam to be a game changer for the insurance sector: IRDAI chairman

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Bima Sugam will be a one-stop shop for buying and selling insurance, policy servicing, and also for claim settlement The insurance industry’s regulator, IRDAI, is working on Bima Sugam, a one-stop shop for policy sales, renewals, and claims settlements. Bima Sugam will change the insurance industry forever. By making it easy for customers all over

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Snap Lays Off 20% Workforce! : What Will Happen To SnapChat?

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Snap, which is the parent company of the social media platform Snapchat, has announced that Snapchat shall downsize its workforce size by 20%. The reason Snap lays off its employees, as stated by Evan Spiegal, CEO, is the rising concerns for Snapchat to reduce its costs of operations. The sales figures are not in accordance

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Gold prices and check on inflation 2022!

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Gold has traditionally been considered an accurate indicator of the economic trend line across the world. Being considered the safest bet against inflation, investments in gold have soared as and when the world is gripped by rising inflation rates. Uncertainty is the name of the game and historically gold had certainly been one of the

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Most popular financial instruments

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There are many different financial instruments available to investors, and the most popular ones vary depending on the specific needs and goals of the investor. Here are some of the most popular financial instruments used across the globe by businesses and individual entities alike: Stocks Stocks, also known as equities or shares, represent ownership in