Optima Insurance Brokers Pvt. Ltd.

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Industry News

Low Portability Rate in Health Insurance

July 12, 2017

IRDA allowed health insurance portability in July 2011. Since then the number of health policies which have been ported is…

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Need to expand auto accident injury insurance scheme

June 27, 2017

The Union road transport ministry along national highways connecting Gurgaon to Jaipur, Mumbai to Vadodara, and Ranchi to Mahaulia launched…

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Private insurers overtakes PSU insurers for the first time

June 21, 2017

In 2000, the private companies were allowed in insurance sector and at present there are 31 general insurance companies in…

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Impact of GST on insurance

June 12, 2017

Full form of GST is Goods and Services Tax. It is an indirect tax reform which aims to remove tax…

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Health insurance among women growing

June 3, 2017

Even as 95 per cent of women are aware of health and fitness, only 74 per cent go for a…

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Mental Health Insurance – A new reform in health insurance

May 20, 2017

The Mental Healthcare Bill’ has been passed in Apr’2017 in the Lok Sabha and it decriminalizes suicide attempt by mentally…

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Most insurance policies to be in electronic form wef 1 Oct

August 19, 2016

Almost all insurance policies will be issued in electronic form with effect from 1 October this year, with insurance buyers…

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State-owned general insurers to be listed one by one

June 22, 2016

The process of listing of four public sector general insurance companies will be carried out one by one and a…

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HDFC ERGO to be 3rd largest private general insurer

June 6, 2016

HDFC ERGO General Insurance has acquired L&T General Insurance, a wholly owned subsidiary of Larsen & Toubro, a move which…

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GIC Re may pay up to US$7.5 mln for crashed EgyptAir plane May 26, 2016

May 26, 2016

State-owned GIC Re, India’s only local reinsurer, expects a $5-$7.5 million insurance claim in connection with the 12 May crash…

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