IRDAI has tightened motor insurance claim-settlement rules, mandating transparency, board-approved policies and faster processing. Complaints have declined, AI-based assessments are being used for ...

Allianz said this is aimed at reducing manual work, speeding up first payments. Allianz SE has entered into a global ...

Motorists have benefitted from lower insurance premiums driven by a continued decline in personal injury claims through 2025, ...

With the effects of the ongoing pandemic and ever-changing economic conditions being felt throughout the transportation industry, our firm has recently seen an increase in claims by unpaid motor ...

It might sound obvious, but the Highway Loss Data Institute revealed in a new study that sporty cars and expensive cars tend to have more crashes, and those accidents generally result in more ...

BajajCapital Insurance Broking CEO Ventakesh Naidu explains winter motor insurance gaps, claim exclusions, and tips for ...

FastClaim Solutions Limited, a Nigerian InsurTech company, is revolutionising the nation’s motor insurance industry through its innovative FastClaim App, an AI-powered platform designed to automate, ...

New Delhi: Motor vehicle insurance protects a policyholder against claims made by a third party for damages due to the policyholder's actions, but what about the claim against injury/death of the ...

The insurance company held that the petitioner, legal heir of deceased vehicle owner, cannot at the same time be the liability holder and recipient of compensation. Motor vehicle insurance protects a ...