Insurance

Kotak General Insurance launches an on/off switch the feature on car insurance

After opting for the Meter (switch-on/off) add-on, users have to download the Kotak Meter Mobile App available on Play Store or App Store, which allows the vehicle owners to switch their car insurance coverage ON and OFF based on usage Kotak Mahindra General Insurance on Monday announced the launch of an add-on cover called Meter […]

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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

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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