Irda sets up committee to study innovations in insurance

MUMBAI: The Insurance Regulatory and Development Authority today constituted working group to understand innovations in insurance involving technological advancements, particularly wearable and portable devices and how it can be treated from the point of view of risk improvement as part of policy design. The 10 member chaired by Yegnapriya Bharath, CGM, […]

Indian Cyber insurance market picking up: Report

MUMBAI: Cyber insurance market is gradually gaining traction in India as corporates have increasingly identified cyber-theft to be amongst the most prominent threat to their operation, a report from Data Security Council of India (DSCI) said. Data from the DSCI report showed that close to 350 cyber insurance policies were bought […]