Cross-selling is a cornerstone of effective insurance sales, offering significant opportunities to enhance client relationships and meet critical needs. One such opportunity that often gets overlooked ...

Mumbai: Even as mis-selling of insurance plans by banks has drawn scrutiny, the sector regulator doesn’t want to manage distribution channels and seeks to focus on customer awareness to check the ...

In today’s complex business landscape, advisors play a vital role in guiding business owners through critical transitions, and succession planning is paramount among business owners’ concerns. While ...

New Delhi, Jan 4 (PTI) Mis-selling is a significant concern in the insurance sector, and insurers need to conduct a root cause analysis to identify the underlying causes, the regulator Irdai said in ...

The Insurance Regulatory and Development Authority of India is set to reform the sector amid rising complaints of unfair sales practices. With a focus on transparency and efficiency, these reforms ...

Many people (and even some seasoned financial advisors) believe that you can simply gift your existing life insurance policy to your irrevocable life insurance trust (ILIT) without any implications.

Closely held businesses routinely use life insurance to fund buy-sell obligations when an owner dies. The logic is simple: the company or surviving owners need liquidity to effect redemptions or ...

Life insurer complaints steady, but mis-selling and unfair practices increased India's life insurance penetration dropped to 2.7%, below the global average. IRDAI urges insurers to tackle mis-selling ...

Broker strength in motor is primarily driven by OEM or dealer linkages. In health, distribution is bifurcated-retail, and is largely agent-led.