[ad_1] No Claim Bonus (NCB) is a discount given by insurance companies to policyholders who have not made any claims in the previous policy period. It is a reward for safe and responsible driving, and the discount is applicable to the policyholder, not the vehicle. Many policyholders wonder whether they will lose their NCB if…
Specialist MGA, Avid Insurance, has chosen Allianz Partners UK (AzP UK) as its new capacity provider for underwriting travel policies sold through Avid’s network of partners. AzP UK is a leader in B2B2C insurance and assistance and has made notable travel insurance acquisitions in recent years, making it a significant player in the UK’s travel…
When it comes to filing an insurance claim for vehicle theft with an insurance company, it is generally recommended to file the claim as soon as possible after the incident occurs. Most insurance companies require policyholders to report a theft claim within a certain time limit, which can vary depending on the specific insurance policy…
Explore the transformative journey of GIC Re, India’s premier reinsurance giant, as it evolves into a global force, now acknowledged as an ‘admitted reinsurer’ in Brazil. Discover how GIC Re has played a pivotal role in reshaping the insurance landscape over the last 50 years. Introduction In the dynamic realm of insurance, the General Insurance…
Surrogacy: A New Hope for Childless Couples. In a significant move, the Insurance Regulatory and Development Authority of India (IRDAI) has directed all insurance companies to include the cost of surrogacy under their health insurance policies. This development is expected to provide a ray of hope for couples who have been struggling with fertility issues…
Insurance is meant to protect you from financial losses, but small mistakes can lead to denied claims or inadequate coverage when you need it most. Here are seven common insurance mistakes that could cost you money—and how to avoid them.
Max Healthcare Institute, a leading healthcare provider, announced an impressive 86% surge in its Profit After Tax (PAT) for the fourth quarter of 2022-23. The company’s PAT soared to an impressive Rs 320 crore, showcasing a remarkable improvement in operating metrics across its hospitals, coupled with a reduction in finance costs. Comparatively, the PAT reported…
