The startup, Digit, is trying to win insurance customers via mobile technology and expand India’s base of the insured by making the process of buying cover, receiving payments easier.
In order to simplify the process, a district collector will be issuing a certificate and the insurance company will approve and settle the claims within a period of 48 hours.
After a decade of being left out in the cold, it seems like Indian banks and financial institutions will be allowed access to the credit insurance market again.
Two benches of the Delhi High Court took note of delays in the issuance of no-objection certificates for Covid patients by insurance companies that are needed for discharge.
Directors & Officers policy acts as a lifeline for directors and senior officers providing coverage for loss arising from claims made during policy period.
Rajya Sabha Thursday cleared bill that allows more foreign investment flowing into India. Find out how this could change the industry, what are the safeguards for policy holders & more.
Explaining the decision Thursday, Nirmala Sitharaman said insurance companies are facing liquidity pressure and the higher limit would help meet the growing capital requirement.
Decision to merge the 3 companies — National Insurance Co Ltd, United India Insurance Co Ltd, and Oriental Insurance Co Ltd — ahead of their proposed listing was announced in 2018 budget.
For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.
Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.
The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.
Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?
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