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Does Microinsurance work for India’s poor?

Microinsurance schemes target the betterment of the low-income segment whose daily income is less than ₹250 per person. The term “micro” refers to the small financial transactions generated by insurance policies. Since the introduction of the Microinsurance Regulation of 2005, 15 companies have registered more than 23 products with IRDA (Insurance Regulatory and Development Authority […]

A Sandbox Approach in Insurance

The insurance industry has reached an evolutionary crossroad. The fast-evolving world of InsurTech mandates that insurers become digitally agile. With Fintech solutions becoming more common, a responsive approach would enhance the ability of promising insurance innovations to develop and flourish. There are various technologies stepping into the value chain to enhance and disrupt the way […]

Marketing, Telecom, Healthcare, IT services, FinTech, supply chain management : Which one is bullish on data science?

Leap of faith has been coming from almost all sectors. Marketing, e-Commerce, Telecom, Healthcare, IT services,FinTech, Blockchain and supply chain management are apparently more strong than others at present as these sectors have huge customer base and have many competitors. They have been trying anything and everything to delight and retain customers, to maximize revenue by […]

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