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News
No proposal to make insurers follow treating doctors’ opinion on claims: Centre
2+ day, 8+ hour ago (235+ words) The Centre has said there is no proposal under consideration to require health insurers to give overriding precedence to the clinical opinion of the treating doctor while deciding health insurance claims. Responding to a question in the Lok Sabha, Minister…...
Government disconnected around 61-lakh mobile connections of suspected fraud communication
3+ day, 10+ hour ago (365+ words) The government on Thursday said 50.90 lakh mobile connections have been disconnected as on July 15, based on 11.18 lakh reports of suspected fraud communication shared by citizens on Sanchar Saathi portal. As part of the measures taken to tackle cyber frauds, the…...
A large part of Niva Bupa’s focus is attracting young customers, says Deputy CEO Ankur Kharbanda
6+ day, 8+ hour ago (181+ words) Ankur Kharbanda, Deputy CEO, Niva Bupa Health Insurance Becoming the official health insurance principal partner of the Glasgow 2026 Commonwealth Games aligns with Niva Bupa Health Insurance’s brand and its growth strategy, says its Deputy CEO Ankur Kharbanda. In an interview…...
SC says insurance companies use ‘ambiguous’ and ‘sloppy’ policy terms to evade liability
6+ day, 8+ hour ago (479+ words) The Supreme Court on Monday (July 20, 2026) observed that the practice of insurers drafting “ambiguous” and “sloppy” insurance policies to escape liabilities they ought to bear had caused ordinary policyholders to suffer. The court said such “uncertainty” was also creating hurdles…...
Biji SS assumes charge as Karnataka Bank ED
1+ week, 4+ day ago (153+ words) Biji Sreekrishnavilas Sankaranarayanan has been appointed as the Executive Director of Karnataka Bank for a period of three years with effect from July 15, 2026. Biji Sreekrishnavilas Sankaranarayanan has been appointed as the Executive Director of Karnataka Bank for a period of…...
Insurance query: How should one evaluate term insurance features without overpaying
3+ week, 1+ day ago (350+ words) At the age of 35, financial responsibilities often start becoming more layered, especially with commitments such as a home loan, children’s future expenses, and long-term family security. In such situations, term insurance should be viewed as a financial safety net that…...
BoB settles case with NMC Health for $600 million
3+ week, 3+ day ago (332+ words) State-owned Bank of Baroda (BoB) on Thursday said it reached an out-of-court settlement with NMC Health PLC, NMC Healthcare Ltd, and NMC Holding Ltd, with $600 million (about ₹5,700 crore) paid through its Abu Dhabi Branch. The case involved proceedings under Abu…...
Is Employer-Paid Group Health Insurance Considered a Benefit or a Right?
3+ week, 4+ day ago (12+ words) ...
Star Health and Amplify Health Partner to Scale AI-Led Claims Intelligence Across India's Largest Private Health Insurance Operations
3+ week, 5+ day ago (343+ words) India's health insurance market is experiencing rapid growth in cashless claims volumes, driven by expanding digital infrastructure and rising insurance penetration. Managing claims quality and customer experience at this scale increasingly requires AI-led capabilities that go beyond traditional rules-based approaches…...