Insurance Sector in India – Past, Present and Future of Insurance

Growth of Insurance Sector in India has been phenomenal and sector is booming right now. There are 58 total insurance companies in the market which includes 34 non-life insurance providers. There are 25 general insurance companies, 7 standalone health insurance companies, and 2 specialised insurance providers. They have been growing at different rates over the […]

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Top Life Insurance Companies in India with Claim Settlement Ration

On February 15, 2022, the Ministry of Road Transport and Highways issued the latest amendments to the Central Motor Vehicles Act Rules, 1989. These amendments aim to enhance safety measures for road transport. They are effective from 1st April 2022. What are the amendments to the Motor Act? There have been 2 recent amendments to […]

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How to increase fire insurance adoption of homes and small businesses?

SME and home insurance products have a large potential market. An easy-to-understand product that is attractively priced will help drive adoption Published in MoneyControl, Feb 24, 2021 || Written By – ABHISHEK BONDIA What is more risky to insure – 100 warehouses having inflammable chemicals in 100 drums each or one warehouse with 10,000 drums of […]

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What types of properties can be insured under property insurance?

Owning a property involves a considerable amount of money. Whether you use the property for residential or commercial purposes, any damage to the property can be financially challenging. You might have to spend a considerable amount of money in getting the damages repaired or replaced. Such costs might pose a financial strain and that is […]

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Factory & warehouse insurance: The saviour during turbulent times!

In business, “location” takes a very special place, and so does the actual building that you zero in on as your office. It should not only be aesthetic and aligned with your business requirements, but it should also offer optimal safety standards for your employees and assets. If the unit you plan to set up […]

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Cyber Insurance: Importance of cyber insurance for start-ups

While cyber crime has been a constant threat over the past decade, with advanced technology the perils are deeper with severe implications. Cyber-attacks affect all categories of web users including consumers, corporates, and enterprise giants; however, small businesses are more vulnerable and are more likely to be under a cyber-attack. They are a treasure trove […]

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