<img height="1" width="1" style="display:none" src="https://www.facebook.com/tr?id=1700626273582757&ev=PageView&noscript=1" />

Car insurance database bangalore time

Apa car insurance Temporary car insurance for foreign in uk story Cheapest cars to insure in ma Comicrack full apk 1 800 the general car insurance Insurance Industry
  • Top 10 Insurance Companies
  • Life Insurance Companies
  • Aviva Life
  • Bajaj Allianz Life
  • Birla Sun-Life
  • HDFC Standard Life
  • ING Vysya Life
  • Life Insurance Corporation
  • Max New York Life
  • MetLife
  • Om Kotak Mahindra
  • Reliance Life
  • Sahara India Life
  • SBI Life
  • TATA AIG Life
  • How companies Make Money
  • Private Insurance Companies
  • New Insurance Products
  • General Insurance Companies
  • Agriculture
  • Amsure
  • ANZ
  • Cholamandalam
  • Employee State
  • Export Credit Guarantee
  • ICICI Lombard
  • IFFCO-Tokio General
  • National
  • Oriental
  • Peerless Smart Financial
  • Royal Sundaram Alliance
  • TATA AIG General
Policies
  • How to Choose
  • New Insurance Policies
  • Life Insurance
  • General Insurance
  • For Business
  • For Small Business
  • For Individuals
  • For Children
  • For Women
  • For Pregnant Women
  • For Senior Citizens
  • For Doctors
  • For NRI
  • For Mobile Phones
Travel Insurance Accident Insurance Health Insurance Mediclaim Policies Online Insurance Policy Insurance Tips Medical Care Home » Insurance » Insurance in India

Insurance in India

Overall Rating: Delivering pizza and car insuranceOld american county mutual car insurance paymentMg69 car insuranceCar insurance card maker torrentCar home insurance comparison[3/5]Total Votes [ 61 ]
Rate this page: 1 2 3 4 5

Insurance Latest News And Updates

More social security schemes to benefit all: Jaitley July 14, 2015 10:59 AM The government would formulate more variants of its social security schemes to benefit maximum number of people, union Finance Minister Arun Jaitley said on Monday. "We will bring out more variants of social security schemes in the near future to ensure maximum number of people benefit from them," Jaitley said at his ministry's second parliamentary consultative committee meeting in New Delhi. Noting that only 11 percent of the population had pension schemes while only 20 percent were insured, Jaitley said the Pradhan Mantri Suraksha Bima Yojana (PMSBY), Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Atal Pension Yojana (APY) would play in key role in achieving universal social security goals across the country. Source: IANS 'Centralised database of life insurers soon' July 04, 2015 05:54 PM Life insurance companies in the country will come up with a centralised database of clients by this year end, an industry official said here on Saturday. "We are in the process of shortlisting a vendor, who will collate the database aimed to provide a fraud monitoring framework", secretary general of Life Insurance Council, V. Manickam told mediapersons on the sidelines of an event organised by the Indian Chamber of Commerce in Kolkata. The database is aimed to detect fraud or duplication of claims in the life insurance space. He said the association will be holding an internal meeting among its members next week and will narrow down on selecting a vendor. Source: IANS Insurers/TPAs should tell hospitals to reflect discounts in bills: IRDA June 19, 2015 01:18 PM In a policyholder friendly measure, the Indian insurance regulator has proposed that insurers and health insurance claims processing agencies should mandate hospitals to reflect the negotiated discounts on the bills so that the policyholders are aware of the actual rates. The Insurance Regulatory and Development Authority of India (IRDAI) has also proposed a minimum start up capital of Rs.5 crore for third party administrators (TPA-health insurance claims processing agency) and a minimum working capital limit of Rs.1 crore. Coming out with an exposure draft on the regulations to govern TPAs as the current one is around 14 years old, the sector watchdog said according to the draft regulations, either the insurers or the TPAs may be obtaining discounts from various hospitals during the course of the settlement of claims under health insurance policies. Source: IANS Bennett Coleman to buy out Religare's stake in life insurance JV May 13, 2015 02:10 PM Religare Enterprises Ltd (Religare) on Tuesday said that it has decided to sell its 44 percent stake in Aegon Religare Life Insurance Company Ltd to Bennett Coleman and Company Ltd (BCCL), one of the joint venture partners. In a regulatory filing in the BSE, Religare said that it has reached a definitive agreement with BCCL which will acquire its stake in the life insurance joint venture. Aegon Religare Life Insurance is a three way joint venture between Religare (44 percent), BCCL (30 percent stake) and Aegon (26 percent). According to Religare, Aegon would increase its stakes in the life insurer from 26 percent to 49 percent. Source: IANS 'Jan Suraksha schemes to help eliminate Jan Dhan's zero balance accounts' May 09, 2015 01:51 PM The Jan Suraksha Yojana under which two insurance and a pension schemes would be launched countrywide on Saturday would help in reducing the number of zero balance bank accounts created under the Jan Dhan Yojna, a senior government official said in Kolkata Friday. The "Pradhan Mantri Suraksha Bima Yojana" (accident insurance), the "Pradhan Mantri Jeevan Jyoti Yojana" (life insurance) and the "Atal Pension Yojana" under the Jan Suraksha Yojna, would be launched by Prime Minister Narendra Modi on Saturday in Kolkata during his two-day visit to West Bengal. Source: IANS
The Confederation of Indian Industry states that the insurance sector of the country has been witnessing a consistent growth rate of late and its present worth is 41 billion US dollars.

The industry has of late achieved a yearly growth rate within 32 and 34 percent and this makes it the 5th best among emerging economies around the world. The various entities of the industry are also bringing out newer products on a regular basis to attract their customers.

As per rules, the upper limit of foreign direct investment permitted in this sector is 26 percent. However, this has to be done through the automatic route and the investor needs a license from Insurance Regulatory and Development Authority (IRDA).

At present there are 22 life insurers in India. The IRDA has recently taken away the tariffs of the interest rates and this has provided insurers greater independence when it comes to deciding the price of their insurance policies. The insurance industry has also become more competitive as a result.

Yet another important factor affecting this sector has been the recent financial meltdown.

India insurance industry growth in last few years
The life insurance companies have performed the best when it comes to growth with an increase of almost 70% in new premium that has been collected in the initial 5 months of 2012.

As per IRDA data, in April-August 2010 the insurance companies earned $11.73 billion in new premium - in the corresponding period in the previous year the amount stood at 6.9 billion dollars.

LIC, a state held insurer, had been the biggest profit maker at that time with an addition of 88% to their existing business. The privately owned insurers together had seen a leap of 34% to their policy sales.

ICICI Prudential earned 576.60 million dollars at that time. During April-August 2009 SBI Life had earned $379.20 million in sales of new policies and that figure went up to $531.87 million in the corresponding period in 2010 making it an increase of 40%. HDFC Standard Life also experienced a good growth of 54% in new sales.

IRDA data shows that between April and October 2010 the general insurance industry experienced a year-on-year growth of 22.76% with regards to underwritten gross premium.

The total value of that premium was 5.29 billion dollars while the same figure stood at $4.31 billion in April-October 2009. For the public sector companies the year-on-year growth rate was 21.09 percent between April-October 2010 and April-October 2009.

In the same period the privately held insurers saw an increase of 25.19 percent in terms of premium collected. Among the publicly owned entities, New India Insurance was one of the better performers with a premium income of 916.77 million dollars in April-October 2010.

At the same period in 2009 they had earned 770.25 million dollars which implies a growth rate of 19.04%. The IRDA Summary Report of Motor Data of Public and Private Sector Insurers 2009-10 states that in the same period almost 28.4 million policies were sold and the aggregate worth of premium collected was $2.31 billion.

The health insurance sector, according to the RNCOS' research report named "Booming Health Insurance in India" posted unprecedented growth rates in 2008-09 and 2009-10. The report also estimates that between the 2009-10 and 2013-14 the sector would see a compound annual growth rate (CAGR) of at least 25%.

India insurance industry - market share of leading companies
The following table shows the market share of top insurers in India in the period till April 2011:

Company Approximate market share
LIC 50%
ICICI 10%
SBI 5%
Bajaj 4%
Reliance 5%
HDFC 6%
Birla 4%
Max New York 3%
Tata 2%
Met Life 1%
Kotak 2%
Others 8%


In terms of policies sold following are the top insurers in India:

Company Policies sold till December 2011 (approximate figure)
LIC 20404281
Future Generali Life 100143
ICICI Prudential 785938
Met Life 98904
Reliance Life 698109
Star Union Dai-ichi 82037
Bajaj Allianz 640483
Shriram Life 73490
Birla Sunlife 589855
Bharti AXA Life 69151
SBI Life 491927
Aegon Religare 47332
Max New York 405662
IDBI Federal 45833
HDFC Standard 397408
Canara HSBC OBC Life 44899
Tata AIG 199275
DLF Pramerica 43299
Kotak Life Insurance 199614
IndiaFirst 38498
Aviva 100216
Sahara Life 36228
Edelweiss Tokio 1968


India insurance industry - some key findings
Following are some important findings from World Bank regarding the condition of insurance industry in India:
  • Between 2005 and 2010 the yearly GDP growth was approximately 8.56%
  • At the same time, the ratio of gross savings to GDP was 33%
  • Middle class saw the quickest growth
  • The life expectancy rate of people went up and urban development happened at almost 54%.
  • In 2010 rate of premium growth came down to 4.2% and compared to global standards the premium share was pretty low
  • Major operational issues for insurers were expenditure control, claims settlement procedures, improving investment yields, and capital requirements
  • In the 2010-11 fiscal the life insurance industry grew by 4.20% while the general insurance industry increased by 8.10%.
  • During that time the paid-up capital (private total) for the life insurance sector was INR 236.57 billion while the paid-up capital (industry total) was INR 236.63 billion.
  • In 2010-11 the paid-up capital (private total) for the general insurance sector was INR 39.56 billion while the paid-up capital (industry total) was INR 67.06 billion.
  • In 2010-11 the operating costs of privately owned life insurers was INR 159.62 billion while the total life insurance industry expense was INR 329.42 billion.
  • In the same time the privately owned general insurers spent INR 39.32 billion from an industry total of INR 106.20 billion.
  • In 2010-11 the privately held life insurers paid benefits and claims worth INR 312.51 billion while the industry aggregate was INR 1425.24 billion.
  • At the same time the private general insurers paid benefits and claims worth INR 99.37 billion while the industry total was INR 295.36 billion.
India insurance industry composition
As per IRDA, the composition of the Indian insurance industry by March 2011 could be mentioned as such:

General insurance

Category Number of organizations
publicly owned general insurers 4
private insurers completely owned by an Indian business organization 1
specialized general insurers 2
private insurers' JV with international insurers 14
Specialized health insurers 3


Life insurance

Category Number of organizations
publicly owned life insurers 1
private insurers' JV with international insurers 21
private insurers completely owned by an Indian business organization 2


India insurance product composition
Following is an approximate representation of the product composition of India's insurance industry:

General insurance

Product Percentage
Engineering 4
Motor OD 27.63
Motor TP 14.94
Health 22.58
Aviation 1.08
Liability 2.40
Personal accident 2.63
Fire 10.91
Marine 5.97
Others 7.37


Life insurance

Product Percentage
Non linked life individual 21.70
Non linked gen annuity group 4.33
Non linked gen annuity individual 0.85
Non linked pension group 4.22
Non linked pension individual 0.25
Non linked health 0.09
Linked insurance 55.01
Riders 0.01
Linked life group 13.54


India insurance industry major problems
Following are some of the major problems plaguing the insurance industry in India:
  • Focus on actuarial pricing
  • Regulatory misunderstanding
  • Investment regulations
  • Solvency regulation
  • Claims settlement procedures
  • Data clarity
  • Distribution channel issues
India insurance industry contribution to GDP
Experts are of the opinion that around the world the insurance industry contributes around 4.5% to national GDPs. They have questioned the logicality of opinions that in India the contribution can be higher saying that there are other important sectors like education, defense, and health that cannot be undermined in this context.

They have ruled out possibilities that the sector can contribute 10% to India's GDP. The Chairman of IRDA, Hari Narayan has ruled out any such possibility asking if India's GDP growth will be that much in the next few years ahead.

The IRDA states that in India land and gold are more preferred as forms of investment. Narayan feels that if the insurance sector is to do well in terms of contribution to GDP then more people should be convinced about its capability to provide good ROI (return on investment).

Why are more people taking insurance policies?
One of the major reasons for an increasing number of people availing insurance policies in India is the growing level of awareness. People nowadays value their lives, their health, and their families even more than before given the tough economic circumstances and so want to make sure that everything is fine even if they are not there.

Yet another reason for the growing popularity of insurance policies is the benefit of tax exemption that is provided to family oriented and individual plans. Majority of the private insurers also provide lucrative returns and are now being availed by a section of the Indian society with greater disposable earnings.

There is an aspect of psychological comfort attached to the insurance policies as well - whenever an insurance is availed the policyholder can be more or less assured of a safe future for that particular part of his or her life.

Top Insurance Policies
Following are the featured insurance policies of various insurers in India:
Company Product
LIC Jeevan Vaibhav
ICICI Prudential ICICI Pru iCare
Reliance General Insurance Reliance Private Car Insurance Reliance Travel Care for Students
Bajaj Allianz CashRich
Family Floater Health Guard Plan
Car Insurance
HDFC Life Click2Protect
HDFC LIFE SMART WOMAN PLAN
Tata AIG Insurance Tata AIG Motor Insurance
Tata AIG Travel Insurance
Tata AIG Wellsurance Family
Kotak Life Insurance Kotak Assured Protection Plan
Kotak Assured Income Plan
Kotak Assured Investment Plan
Aviva Aviva Health Secure
Aviva i-Life
Future Generali Future Generali Smart Life
Future Generali Health Suraksha
MetLife Retirement Plans
Met Monthly Income Plan
Star Union Dai-ichi Life Insurance Suraksha Kavach
Shriram Life Insurance ShriLife
Wealth Plus
Money Back
Shriram Ujjwal Life SP
Bharti AXA Bharti AXA Life eProtect
Aegon Religare iTerm
IDBI Federal Termsurance
Wealthsurance
Childsurance
Lifesurance
Healthsurance
Incomesurance
Loansurance
Homesurance
Bondsurance
Microsurance
Canara HSBC OBC Life Insurance Dream Smart Plan
Grow Smart Plan
Future Smart Plan
Secure Smart Plan
Smart Sanchay Plan
DLF Pramerica Life Insurance Income Rakshak
DLF Pramerica Family Income
DLF Pramerica Family First
DLF Pramerica U-Protect
IndiaFirst Life Insurance IndiaFirst Maha Jeevan Plan
Sahara Life Insurance Sahara Vatsalya-Jeevan Bima
Apollo Munich Health Insurance OptimaRESTORE
Star Health Insurance Family Health Optima
Star Unique Health
Senior Citizen Health Insurance
IFFCO TOKIO General Insurance Auto Protector Policy
Individual Medishield Policy
New India Assurance Householder's Policy
Motor Insurance Policy
Overseas Mediclaim Policy
Fire & Machinery Policy
Industrial All Risk Policy
Shopkeeper's Policy
Oriental Insurance Oriental's Motor Insurance Policy
Happy Family Floater Scheme
National Insurance Car Insurance
Cholamandalam MS General Insurance Chola MS Private Car
Chola MS Student Travel
Chola MS Family Healthline
HDFC Ergo Travel Insurance
HDFC Ergo Health Suraksha
Universal Sompo General Insurance Householder's Insurance Policy
Shopkeeper's Insurance Policy
Motor Insurance Policy
Individual Health Bills
L&T Insurance my:health Medisure Prime Insurance


Last Updated on 08/07/2011

>> More About Insurance


Insurance Companies in India
  • Aviva Life Insurance
  • Bajaj Allianz Life Insurance
  • Birla Sun Life Insurance
  • HDFC Standard Life Insurance
  • ING Vysya Life Insurance
  • Life Insurance Corporation of India
  • Max Life Insurance Company
  • MetLife India Insurance
  • Reliance Life Insurance
  • Sahara India Life Insurance
  • SBI Life Insurance
  • Tata AIG Insurance Company Ltd
  • Om Kotak Mahindra Insurance Company
  • Agriculture Insurance Company of India Ltd
  • Amsure Insurance
  • ANZ Insurance
  • Cholamandalam General Insurance
  • Employee's State Insurance Corporation
  • ICICI Lombard General Insurance
  • IFFCO-Tokio General Insurance
  • National Insurance Company Ltd
  • Oriental Insurance Company Ltd
  • Peerless Smart Financial Solutions
  • Royal Sundaram Alliance Insurance India
  • Tata AIG Insurance Company Ltd
  • Export Credit Guarantee Corporation of India Ltd
About Insurance
  • Indian Insurance Industry
  • Insurance History
  • Functions of Insurance
  • IRDA
  • Insurance Policy
  • Insurance Market
  • Insurance Jobs
  • Insurance Courses
  • India Insurance
  • General Insurance
  • Credit Insurance
  • Aviation Insurance
  • Health Insurance Schemes
  • Group Health Insurance
  • Crop Insurance
  • Home Insurance
  • Medical Insurance
  • Mortgage Insurance
  • Mortgage Insurance in India
  • Mortgage Disability
  • Mortgage Protection
  • Mortgage Insurance Broker
  • Mortgage Insurance Cost
  • Private Mortgage Insurance
  • Commercial Mortgage
  • Home Mortgage Insurance
  • Pet Insurance
  • Property Insurance
  • Auto Insurance
  • Car Insurance
  • 2 Wheeler Insurance
  • Indian Travel Insurance
  • Weather Insurance
  • Insurance Company
  • Insurance companies
  • Insurance Finance
  • Top Insurance Companies
  • Insurance News
  • About Us
  • Feedback
  • Privacy Policy
  • Site Map
  • XML Site Map
  • XML Image Sitemap
  • Link To Us
  • RSS Feeds
  • MapsofIndia Newsletter
  • Advertise With Us
Business Ideas Insurance India Tax Banks in India Credit Cards Indian Sectors Car insurance quality ratings Classic car insurance uk compare Copyright 1999-2010 Mapsofindia.com
Compare Infobase Limited (An ISO 9001:2000 Certified Company)
ALL RIGHTS RESERVED

Source


Hni Data

One day car insurance mexicoWhat is Hni Database :-
HNI data is known as High Networth Individuals in India. who is compare as an investor with excess money.

Types of Indian Hni Database List :-
Many clients has question of how and what type of hni data we have.
Hni database covers various categories list like Salary base, Car Owners, Share market like equity and commodity. You can choose in which category you are interested for buying hni client list.

Hni customers categories list :- Depending upon our customers requirement we suggest as below :

  • Hni Salary database :- You can get data of salaried person  with filter from 5 lack earning per month and above as per your need (Click Here for Salary Sample).
  • Hni Car database :- You get data’s for Car buyers from middle to higher segment car (Click Here for Car’s Sample).
  • Top Sme Corporate Companies :- You get list of Top private and public sector indian companies, ceo, cfo, coo, etc  (Click Here for Company Sample).
  • Count available in bulk, beside mention below
  • Details Count Price Samples Hni Job Seekers Mobile Click Here Hni Job Seekers Mobile Email Click Here Sme Corporate Companies Click Here Car State Wise Click Here
  • Information Count Samples Andhra Pradesh hni database – Click Here Assam hni database – Click Here Bihar hni database – Click Here Chhattisgarh hni database – Click Here Delhi hni database – Click Here Goa hni database – Click Here Gujarat hni database – Click Here Haryana hni database – Click Here Himachal Pradesh hni database – Click Here Jammu Kashmir hni database – Click Here Jharkhand hni database – Click Here Karnataka hni database – Click Here Kerala hni database – Click Here Madhya pradesh – Click Here Maharashtra hni database – Click Here Manipur hni database – Click Here Meghalaya hni database – Click Here Mizoram hni database – Click Here Nagaland hni database – Click Here Odisha hni database – Click Here Punjab hni database – Click Here Rajasthan hni database – Click Here Sikkim hni database – Click Here Tamil Nadu hni database – Click Here Telangana hni database – Click Here Tripura hni database – Click Here Uttar Pradesh hni database – Click Here Uttarakhand hni database – Click Here Uttaranchal hni database – Click Here West Bengal hni database – Click Here

What you get in Hni Directory List :-
Hni Database list contain as per category you choose like name, email, mobile, address with city and state, salary, etc.

How to use Hni directory Data :- 
Hni files has Email address, so can be use for email marketing and it has Mobile number for Sending Bulk sms services. Hni data sector contains high accuracy in both medium.

Hni Database Benefit and Useful for :- 
No other database sector is as accurate as Hni, it’s highest useful data services compare to any other categories. it can be used for various purpose

How to buy Indian Hni data :-
You can purchase this hin database on city or sate wise, Hni data service is provided on Per Lead count or as per volume of quantity. If you are hni data buyer on monthly base, than we will supply hni data quantity at low cost price.

Compare Hni data :-
There are many hni Database company who are supplier of fake, false or fraud hni clients, beware of them. We are in database sector from a long time, as a high experience of data provider. We are accurate data vendor with verified leads with complete satisfaction guaranteed. Because of our Genuine and correct database service, we have highly valuable repeat clients.

When was Hni data updated :- 
Many our new costumes has question, we are in data collection business,so we have old and newly latest updates data in out records. we supply data as per client budget and requirement. All data are important. Just old data connectivity will be less than upcoming data list.

We are supplier and provider of Hni database as a vendor for all india. We have our many clients who buy hni form us, whom we supply hni database on monthly base. Hni data is use for the sending bulk sms to hni mobile number and mass email marketing to email address list.

Hhi investors and Investment clients :-
is use for many companies throughout india who want to sell their products or services. Many companies are looking for hni clients who want to do investment in their scheme or new launching projects.

Source


Insurance Leads for Agents = Increase In Sales

A Marketing Strategy For Insurance Agents To Succeed in A Crisis Economy

With a troubled economy and the high price of gas, more consumers are choosing to travel the information superhighway to research, compare prices and shop for insurance. As consumers become more Internet savvy, they are no longer content with insurance rates offered by their local insurance agency. The Internet allows consumers the convenience of comparing insurance quotes from a number of insurance agents and carriers in minutes, just by filling out one intuitive online questionnaire.

ComScore, a preeminent media research group, has recently studied online auto insurance shopping activity in the United States. The study showed that 32 million people went online to shop for auto insurance quotes, and over 12 million have actually purchased auto insurance policies. That's a 37% increase compared to the year before. With such a massive flight of consumers to the Internet to shop for insurance, Internet insurance leads must be a major feature in your marketing portfolio. To direct some of that growing traffic your way you need Insurance Leads.com, the most prominent sign on the insurance superhighway.

Real Prospects With Real Interest in Quotes

Insurance Leads.com spends millions of dollars to capture hundreds of thousands of motivated prospects who are shopping for insurance online. Our insurance leads deliver real prospects, with real interest in insurance, just seconds after they've completed a detailed online questionnaire.

We notify our prospects which insurance agents will contact them with their insurance quotes. Insurance leads are filtered per your specification and integrated with the most prominent insurance management software and quoting engines used by agents. We can deliver insurance sales leads to your email inbox, database, or quoting engine, all at the most competitive pricing.

The Secret of Success When Working With Insurance Leads

The secret of success when working with Internet insurance leads starts with understanding that it's a numbers game. For example, if you bought ten insurance leads per day and spent $100 dollars, on average you should reach and speak to at least five or six prospects. If one or two of them buy a policy, and you make $300 in commission over the life of each policy, you will make 300 to 600% ROI. The more insurance leads you buy the more money you're going to make. Working with Internet insurance leads requires adopting a new strategy.

Don't sweat every insurance lead; just make sure you are closing at least ten percent of the insurance leads you buy. If you use a proper follow-up system and keep in touch with those prospects you haven't reached, you should be closer to closing 20% of your insurance leads. If you are not reaching this goal the problem might be in the quality of insurance sales leads you buy, or, the product you sell may not be competitive enough. Look into changing your insurance lead provider to Insurance Leads.com or change to a more competitive product. Remember, cheaper insurance leads are secondary to a good closing ratio.

Insurance Leads.com specializes in Auto Insurance Leads, Home Insurance Leads, Life Insurance Leads, Health Insurance Leads and many more insurance sales leads for agents.

Source

Add comment

This e-mail already registered. or enter another.

Error

Sorry.
↑↑↑↑↑↑↑