Air India Crash Insurance Coverage: In the aftermath of the tragic Air India crash in Ahmedabad, a pressing question has emerged among travelers and the aviation industry alike: what does airline insurance actually cover, and how long does it take for claims to be settled? According to Sourav Biswas, the Business Head of Aviation Insurance…
Role of Surveyors Report in Insurance Claim Assessment in India: In India’s insurance ecosystem, the role of a surveyor’s report is critical to ensuring a transparent and just evaluation of claims made by policyholders. Governed primarily by the Insurance Act, 1938, along with the IRDAI (Insurance Surveyors and Loss Assessors) Regulations, 2015, the assessment of…
SBI General Insurance: In a major leadership update, SBI General Insurance has appointed Mohd Arif Khan as the new Deputy Chief Executive Officer (Deputy CEO), marking a pivotal moment in the company’s ongoing transformation and expansion journey. With over 25 years of diverse experience in banking, primarily with State Bank of India (SBI), Khan brings…
CTI Raises Alarm Over Soaring Health Insurance Premiums: In a significant move aimed at highlighting the growing financial strain on the middle class and small traders, the Chamber of Trade and Industry (CTI) has raised a red flag over the sharp rise in health insurance premiums in India. CTI chairman Brijesh Goyal, in a letter…
Australia and New Zealand Face Home Insurance Crisis Due to Climate Change: Homeowners in Australia and New Zealand are facing a growing home insurance crisis, largely driven by the escalating impacts of climate change. From devastating floods and wildfires to intense storms, extreme weather events are becoming more frequent and severe, causing billions in damages….
Top Internet-First Homeowners Insurance Startups: The homeowners insurance industry, once known for long paperwork and agent-dependent processes, is undergoing a rapid transformation thanks to the rise of Internet-first homeowners insurance startups. These innovative companies leverage digital platforms, AI, and real-time analytics to offer flexible, affordable, and personalized coverage to homeowners. As of now, there are…
How Life Insurance Companies: Imagine if your life insurance company could accurately predict the future — not with a crystal ball, but with data. In 2025, that’s exactly what’s happening. Life insurance companies are no longer just relying on lengthy application forms or outdated actuarial tables. Instead, they are leveraging Artificial Intelligence (AI) to assess…
Global Health Care Policy: In today’s interconnected world, people travel across borders more than ever—be it for work, education, tourism, or medical needs. But while crossing international boundaries is easier, dealing with unexpected health emergencies abroad can be daunting and financially draining. This is where the Global Health Care Policy steps in—a comprehensive health insurance…
US Cyber Insurance Market Update 2025: The US cyber insurance market has entered a period of relative pricing stability, marked by a notable 5% average decline in insurance rates during the fourth quarter of 2024. This decrease continues a trend that reflects the increasing maturity of the cyber insurance industry, with rates stabilizing after years…