Telematics insurance is an insurance where a device is fixed in the vehicle and the data is taken from the vehicle. The data which is generated contains various elements such as the distance traveled by a car, the pattern or in other words the daily route which is followed, and also driving parameters such as -the driving behaviors of drivers (Rough Driving, Soft Driving, Rash Driving, etc.). Further to these fast acceleration, hard braking, cornering, and airbag deployment are tracked by the device.
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Diese Geschichte stammt aus der July 2023-Ausgabe von THE INSURANCE TIMES.
Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.
Bereits Abonnent? Anmelden
Parametric insurance, a trilliondollar market opportunity globally in near future
Neeraj Kaushik Principal Consultant Infosys McCamish Atlanta (GA), USA
Insurance Caselaws
Supreme Court: If Ship Is Sent To Sea in An Unworthy State, Insurance Company Is Not liable For Any Losses Caused By Unseaworthiness. Case title: Hind Offshore Pvt Ltd v. IFFCO General Insurance Co. Ltd.
Legal update
'Go, hang self' isn't abetment to suicide: HC
New Product Launches
TATA AIG debuts India’s first satellite liability insurance
MV AL Quamar: Maritime Lien - Historical Maritime Fraud
A maritime lien is often described as the barnacle” attaching to a ship’s hull. A maritime lien, in respect of a particular ship, travels with that ship, irrespective of whether that ship changes ownership. Ultimately, it is the ship itself which owes obligations which may be breached. The word lien” is derived from a Latin word ligament” which means binding.
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.
Health Insurance
Health insurance claim assistance platform ClaimBuddy has raised a $5 million investment, marking the successful closure of its Series A funding.
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.
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.
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.\"
