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IRDAI Registration The Insurance Regulatory and Development Authority of India (IRDAI) comprehensively governs insurance companies in India, regulating every facet, including registration, operation, corporate governance, audit, finances, etc. Insurance companies seeking IRDAI approvals must abide by pre-registration compliances and a…
Insurance Brokerage If you are looking for a business model that is sustainable, growth-oriented, and long-lasting, insurance brokering could be your best bet. As the demand for diverse insurance products continues to rise, insurers are increasingly looking for viable brokering…
Reinsurance Explained: What It is, Concept, and Types Reinsurance is an arrangement wherein an insurer (aka ceding company) opts for insurance from a reinsurance company to minimize potential losses tied to insurance issued by the former. Simply put, reinsurance provides…
TPA Audit Third-party administrators (TPAs) are an indispensable part of the insurance ecosystem. From assisting with critical tasks like claim assessment, and policy selection to client support, TPAs have reshaped the way health insurers operate and manage their policies. Although…
Audit for Insurance Companies Insurance companies in India operate within a strict framework, be it a matter of maintaining finances, serving policyholders, or adhering to audit requirements. Audits play a vital role in plugging compliance gaps, ensuring stability, reliability, and…
Insurance Broker Code of Conduct Insurance brokers have carved a special position in the insurance sector by boosting insurers’ business. In the status quo, they have emerged as reliable partners for streamlining insurers’ operations. However, the way they operate is…
Motor Insurance Service Provider Motor insurance plays a key role in boosting financial independence. Providing required coverage against minimal premiums is the highlight of most motor insurance plans. However, not every insurance is the same, nor are their benefits or…
How to Become an Insurance Surveyor Becoming an insurance surveyor presents a stable growth path for individuals or firms seeking to leap into the insurance sector. From assessing claims to evaluating damage thresholds, insurance surveyors address various tasks and hence…
TPA Benefits Health insurance is a must-have financial aid in the status quo. It enables individuals to seamlessly address medicare expenses without denting their financial standing. It brings financial well-being and peace of mind to policyholders. However, at times, it…
Insurance Marketing Firm Benefits Insurance marketing firms (IMFs) have played a key role in reshaping the insurance sector. From augmenting the market reach to supporting customers with decision-making, IMFs have emerged as a savior for most insurers in India. But…
