Ahmedabad: A consumer commission ordered an insurance company to pay 75% of the claim, on a non-standard basis, in a motor accident death because the insured person did not hold a valid driving licence. According to the case details, Chandrakant Sinha died in a road accident while riding a two-wheeler in the Raipur area of the city in March 2019. He was covered under a Rs 15 lakh ‘Motorized two-wheelers package policy’ by the United India Insurance Co Ltd. After his death, his family…
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Category: United India Insurance
Insurance Company: Licence Expired: Insurer Told To Pay 75% Of Claim | Ahmedabad News
Ahmedabad: A consumer commission ordered an insurance company to pay 75% of the claim, on a non-standard basis, in a motor accident death because the insured person did not hold a valid driving licence. According to the case details, Chandrakant Sinha died in a road accident while riding a two-wheeler in the Raipur area of the city in March 2019. He was covered under a Rs 15 lakh ‘Motorized two-wheelers package policy’ by the United India Insurance Co Ltd.After his death, his family…
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FSIB selects CMDs for New India Assurance, United India | Business News
Financial Services Institutions Bureau (FSIB), the head-hunting agency for public sector banks and insurance firms, has selected Girija Subramanian, Chairperson and MD of Agriculture Insurance Company (AIC), and Bhupesh Sushil Rahul, AIC General Manager, as the next CMDs of New India Assurance and United India Insurance, respectively.After virtual interviews over two days since Wednesday, the FSIB, for the first time, selected nine executive directors for PSU general insurers.
The post of…
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FSIB selects Girija Subramanian as CMD of New India Assurance Company | People
The Financial Services Institutions Bureau (FSIB) has selected Girija Subramanian as chairman and managing director (CMD) of the New India Assurance Company and Bhupesh Sushil Rahul as CMD of United India Insurance Company. The post of CMD at United India has been vacant since February 2024 following the retirement of Satyajit Tripathy, and Neerja Kapur’s tenure at New India Assurance is set to end in April 2024. Click here to follow our WhatsApp channel Girija Subramanian is currently…
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