How President Yoon's policy priority has changed to include healthcare reform

In terms of healthcare services, Korea is one of the top nations. The strong health insurance policy, which shields patients from unaffordable medical expenses, makes medical services generally available to the general people. However, with rising healthcare costs, opponents have recently raised ...

EX-IRDAI CHAIRMAN SEES SCOPE OF INDIAN INSURANCE SECTOR TRANSFORMATION

HIGHLIGHTS

• Former IRDAI Chairman Subhash Chandra Khuntia believes that Indian insurance sector on the cusp of a transformation.
• Mr. Khuntia believes that demography of India, relatively low insurance penetration, and the potential for high economic gr...

Insurance Policy Administration Systems Software Market is expected to Reach US$ 2162.33 Mn by 2022, owing to the Increasing Adoption of Cloud Technology Solutions across the Insurance Sector, says Absolute Markets Insights

Traditional policy management systems have been designed in the past in a monolithic way with very minimal specifications and capacity to integrate beyond the back-office environment. With growing advances and emerging technology, insurance policy management has evolved considerably, offering ver...

New norms from the IRDAI for insurance growth

Insurance Regulatory and Development Authority of India (IRDAI) has been seen making significant changes to the insurance in the past couple of years, and we think this is because of the decline in the insurance sector of India, which has caused the nation a lot in insurance money.

The ...