Web Aggregator in Insurance sector plays an instrumental role in boosting insurers’ reach and growth through their online platform. With an intuitive layout and a range of filtering options, the web aggregator eases the blow for policy-seekers, helping them select…
Starting a business should not be like paying attention to irrelevant details or going back and forth with legalities. Instead, it must be a hassle-free journey so that you can focus on things that drive value. In this guide, we…
Third-party administrators (TPAs) are an indispensable part of the insurance ecosystem. From assisting with critical tasks like claim assessment, and policy selection to client support, TPAs have reshaped the way health insurers operate and manage their policies. Although being a…
Insurance companies in India operate within a strict framework, be it a matter of maintaining finances, serving policyholders, or adhering to audit requirements. Audits play a vital role in plugging compliance gaps, ensuring stability, reliability, and transparency for insurers. From…
Motor insurance plays a key role in boosting financial independence. Providing required coverage against minimal premiums is the highlight of most motor insurance plans. However, not every insurance is the same, nor are their benefits or coverage. That is why…
How to Become an Insurance Surveyor Becoming an insurance surveyor presents a stable growth path for individuals or firms seeking to leap into the insurance sector. From assessing claims to evaluating damage thresholds, insurance surveyors address various tasks and hence…
Insurance marketing firms (IMFs) have played a key role in reshaping the insurance sector. From augmenting the market reach to supporting customers with decision-making, IMFs have emerged as a savior for most insurers in India. But what are the real…
When bad times take a toll, insurance products emerge as a savior, providing timely fiscal support. An ideal insurance product does not provide great coverage or added benefits; it is one that values the time of the policyholder through swift…
The Insurance Regulatory and Development Authority of India (IRDAI) came up with revised guidelines that reinforce improved transparency and empower policyholders to make informed decisions with utmost clarity. The article explores what exactly these guidelines are and how they will…
Every policyholder wants a policy that is clutter-free and ensures a seamless claim as and when required, but sadly, only a few meet the expectations. Recognizing this fundamental problem, IRDAI came up with the concept of a Third-Party Administrator (TPA),…