Irdai halves time to settle death claims by insurers – Times of India

MUMBAI: Insurance Regulator and Development Authority of India (Irdai) has tightened timelines for various services undertaken by insurance companies, aiming to enhance accountability and customer service.In life insurance, death claims…

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Finance ministry asks state-owned insurance companies to focus on profitable businesses – Times of India

NEW DELHI: The ministry of finance has asked state-owned general insurance companies to prioritise profitable ventures and focus on enhancing profitability rather than solely pursuing top-line growth. The government recently…

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Soon, all health insurance claims will be processed via centralised platform NHCX – Times of India

NEW DELHI: Soon, all health insurance claims will be processed by hospitals and insurance companies through a single window - the National Health Claims Exchange (NHCX). Health ministry sources told…

Continue ReadingSoon, all health insurance claims will be processed via centralised platform NHCX – Times of India