THE INSURANCE TIMES - April 2023

In this issue

In this issue we have covered articles on Will the upcoming Bima Sugam portal be a disruptor? - Nandita Banerjee; Scaling Cattle Insurance through Digital Solutions - Dr Ajay Verma; Auto-Insurance Risk Mitigation through Telematics - Karthik V; Basic Elements of law of probability or law of large numbers insurance - R. Venkatesan; The Five Finger Leadership - R Venugopal; Emergence of Digital Transformation in Indian Insurance Market & Associated Safe-guards needed - Anabil Bhattacharya.

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.

Will the upcoming Bima Sugam portal be a disruptor?

India's insurance market is valued at USD 131 billion as of now. It is also expanding at a CAGR of 17 per cent. The current trends indicate that digital penetration in India is growing and it is contributing to growth and innovation in the insurance sector. It would not be incorrect to expect that Insurtech will play a significant role in the future development of the domestic insurance sector.

9 mins

Scaling Cattle Insurance through Digital Solutions

The tattooing, hot/cold branding and brass ear tagging methods are obsolete. Affixing Polyurethane ear tag and injectable RFID requires skilled professionals and don't complement scale in a foolproof manner. Moreover, lack of tamper-proof, scalable, unique digital identity for bovines is one of the significant reasons for moral hazard, resulting in a higher loss ratio for livestock insurers.

4 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.