Tier-III Cities Drive 62% of New Insurance Premiums: India’s insurance landscape is undergoing a seismic shift, and at the forefront of this transformation are Tier-III cities. According to the latest report released by Probus, one of India’s leading InsurTech and insurance broking firms, 62% of the total new insurance premiums for the current fiscal year…
Insurance Awareness Day 2025: National Insurance Awareness Day, celebrated annually on June 28, plays a crucial role in educating individuals about the importance of insurance in modern life. As we navigate an unpredictable world filled with risks—from natural calamities to health emergencies—insurance provides the financial backup needed to safeguard our assets, income, and loved ones….
How Vehicle Insurance Supports: As the number of vehicles on roads continues to grow exponentially, the associated risks of accidents, injuries, and fatalities are also rising. Expanding road networks and the trend of faster-moving traffic have led to an alarming increase in road accidents globally. These unfortunate incidents not only bring emotional trauma but also…
GST on Health Insurance Premiums: In a much-anticipated move, the central government is considering a proposal to reduce the GST on health and term insurance premiums from the current 18% to just 5%. This landmark decision could be finalized in the upcoming GST Council meeting, expected before the Monsoon Session of Parliament 2025. If implemented,…
Impact of Climate Change on Insurance: Climate change is no longer a distant threat—it is a present-day reality affecting individuals, communities, and industries globally. In India, the insurance sector is facing increased pressure due to a rise in extreme weather events such as Cyclone Amphan, the devastating floods in Assam and Kerala, and the intense…
Fires and Gas Explosions at Home: Home is where we feel safest, but even the most well-maintained homes are not immune to sudden dangers like fires and gas explosions. In recent times, the surge in domestic gas-related accidents has reignited public interest in understanding home insurance coverage. While fire and explosion hazards are rare, their…
Insurance Framework in Aviation: The Indian aviation industry, once heralded as the epitome of modern mobility, is now grappling with a new kind of turbulence—not just in the skies but in courtrooms and boardrooms. A recent incident involving Air India in Ahmedabad has served as a wake-up call, revealing the fragile balance between safety, financial…
Zuno Smart Drive: Zuno General Insurance has once again disrupted the auto insurance space by launching India’s first real-time crash detection-enabled car insurance through its innovative Zuno Smart Drive. This revolutionary offering transforms how car insurance operates in emergencies by integrating advanced telematics directly into the Zuno mobile app. Unlike conventional systems that rely on…
Smart Ways to Reduce Insurance Premiums Without Losing Coverage: Insurance is one of the most essential financial safety nets for families, yet rising living expenses, inflation, and shifting priorities often push it down the priority list. On National Insurance Awareness Day, experts have raised an important concern—millions of policyholders are struggling to pay premiums on…