AI algorithms sift through vast amounts of data to generate insights and predictions, individuals' privacy is increasingly compromised. From facial recognition technology to personalised advertising, AI-powered systems continually collect and analyse personal information without adequate consent or transparency
The word ‘restoration’ in itself seems incredible, and in Health Insurance, it is. The restoration of the sum insured by your health plan is called the Restoration Benefit.
The impact of customer experience on financial and organisational outcomes is profound, particularly for insurance companies, where people and trust serve as the cornerstone of their identity.
What was once considered the standard model of coverage has evolved into a dynamic ecosystem characterised by innovation, customisation, and adaptability. Healthcare innovation is developing at an unprecedented scale and with it so are the customers.
Sachet/Bite-sized insurance or software refers to policies that offer scaled-down coverage at affordable premiums, catering to individuals with limited financial resources.
Just like no claim bonus in car insurance is received by the policyholder for not making a claim in a policy year, your insurance provider may award you a claim-free policy year.
As per the details available with the Bureau of Energy Efficiency (BEE), a total of 1028 Public Charging Stations (PCS) have been installed throughout the country in 2022. This fortifies the Indian Government’s resolve to reach net zero by 2070 and 30% EV penetration by 2030.
The climate risk landscape is changing and companies as well as their insurers are being held accountable for their investments and their liabilities. Since the initial global report, climate change cases have more than doubled, surging from 884 in 2017 to 2,180 in 2022.