THE INSURANCE TIMES - May 2024

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In this issue we have covered articles on - Do the Social Media influencers create disturbance in the minds of users, in context of Insurance? - Prof Pratik Priyadarshi & Naina Garg; The Evolution of Wellness-Linked Insurance Underwriting in India - Rohit Boda; Boeing: Is it Really about Supply Chain? - Praveen Gupta; How Fuel Cells are shaping the Indian Automobile Industry by Spearheading Green Energy Solutions towards eradicating the risk of scarcity of petro products in Hydrogen based vehicles - Dr. Jay Pandey, Tinku Sharma & Rajat Mehrotra; SS Armistan: Bill of Lading, Agreement, Libel or an Estopple? - Historical Maritime Fraud - Dr. Soumi Mukherjee; Union Budget's emphasis on digital transformation in Life Insurance sector and how it impacts on common policy holders - Neeraj Kaushik; Tele MANAS- A Comprehensive Mental Health Care Service in India: An opportunity for Health Insurance Sector - Saloni Sinha & Sakshi Khotani.
We have covered news on General Insurance, IRDAI News, LIC News, Health Insurance News, Private Life Insurance News and International News.

Besides it covers other interesting features.

Health Insurance

Health insurance claim assistance platform ClaimBuddy has raised a $5 million investment, marking the successful closure of its Series A funding.

4 mins

Do the Social Media influencers create disturbance in the minds of users, in context of Insurance?

Did you know that according to a survey 72% of young adults rely on social media influencers for financial advice, including insurance?

8 mins

The Evolution of Wellness-Linked Insurance Underwriting in India

Amidst the ever-shifting terrain of insurance underwriting, India is witnessing a transformative evolution, particularly in the sphere of health and wellness. Departing from traditional methods reliant on age, gender, and medical history, insurers are embracing innovative approaches that intertwine wellness with underwriting.

2 mins

Boeing: Is it Really about Supply Chain?

\"The current woes at Boeing tend to get Iumped under the heading of supply chain’. There are compelling reasons as to why they do. However, there are also good reasons as some astute observers point out as to why three signals which highlight later in this article) should not get buried under the mountain of supply chain noise.\"

7 mins

How Fuel Cells are shaping the Indian Automobile Industry by Spearheading Green Energy Solutions towards eradicating the risk of scarcity of petro products in Hydrogen based vehicles

Fuel cell technology emerges as a promising solution, offering a cleaner and more efficient energy alternative.

6 mins

SS Armistan: Bill of Lading, Agreement, Libel or an Estopple?

\"A bill of lading BL or BoL) is a legal document issued by a carrier transportation company) to a shipper that details the type, quantity, and destination of the goods being carried. A bill of lading also serves as a Shipment receipt when the carrier delivers the goods at a redetermined destination. This document must accompany the shipped products, no matter the form of transportation, and must be signed by an authorized representative from the carrier, shipper, and receiver.\"

9 mins

Union Budget's emphasis on digital transformation in Life Insurance sector and how it impacts on common policy holders

\"The digital revolution sweeping through various industries has now firmly set its sights on insurance, and the life insurance sector in India is no exception.

2 mins

Tele MANAS-A Comprehensive Mental Health Care Service in India: An opportunity for Health Insurance Sector

Dr. Brock Chisholm, the inaugural Director-General of the World Health Organization WHO), made a foresighted statement, in 1954, that true physical health can only exist in the absence of mental health\". After more than 60 years, not much has changed in the situation. There have probably been mental health problems throughout human history, and it can be difficult to identify a single setting that gave rise to these worries.

10 mins

New Product Launches

Bajaj Allianz General Insurance Unveils Privé A One-of-a-Kind Program that Provides Unparalleled Coverage and Service Excellence

5 mins

Health Plans: Is It Wise To Opt For Monthly Payments?

Insurers have started promoting monthly and quarterly premium payment modes in an effort to make health plans affordable for all.

2 mins

Legal Update

All consumer courts to hear cases online from 15 April

2 mins

Insurance Caselaws

Reliance Nippon Life Insurance Co. Ltd. vs Gharohari Devi

5 mins

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THE INSURANCE TIMES Magazine Description:

The Insurance Times, which will be completing glorious 42nd year of successful and regular publication in 2022, is the most authentic information source on insurance in India.

The Insurance Industry under the new regulatory setup is moving forward aggressively.
Every month, the journal covers informative articles and features on both general insurance and life insurance. Besides regular columns for Insurance Regulators, Brokers, Bancassurance, legal, surveyor, agents, students etc; it brings you the latest and updated news of the Indian as well as overseas insurance industry.

Regular features on risk management and safety also keep you abreast of the latest risk management techniques. 

We regularly review the policies issued by life and non-life companies including comparisons of various products.

A special emphasis is given on marketing of insurance both life and general. This journal is a must for all persons connected with insurance companies, corporate bodies, brokers, banks, surveyors, agents, consultants, students, educational institutions and professionals.