This RM&I industry will exists until businesses exists. The importance of it has a place in economy as it organizations live in an unstable environment. It is therefore true that risk management is the need of the day to live in a world that challenges businesses on every juncture of growth path. To thoroughly evaluate risk and suggest adequate risk management measures to either eliminate the risk or reduce the negative financial impact of the risk to a substantial extent is the need of the day.
Businesses have changed dramatically after the COVID 19 phase, forcing organizations to take a relook at their business strategies, including how they manage their prosperities, making firms to engage in more risky business and investments. It has required many businesses to undergo a severe reality check, and learn new ways to adapt to the new reality and ensure business continuity. This new phase is unconceivable without insurance cover, because without such financial cover, businesses would not be able to bring new ideas and products to market.
Esta historia es de la edición July 2023 de THE INSURANCE TIMES.
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Esta historia es de la edición July 2023 de THE INSURANCE TIMES.
Comience su prueba gratuita de Magzter GOLD de 7 días para acceder a miles de historias premium seleccionadas y a más de 8500 revistas y periódicos.
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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.\"
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.
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.\"
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.
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?
Insurance Caselaws
Reliance Nippon Life Insurance Co. Ltd. vs Gharohari Devi
