Bimabazaar

Home
India
KOLKATA
Bimabazaar

"One Stop Solution for Insurance News, Research and Innovation" Bimabazaar.com is a rich source of latest information on insurance industry in India.

Bimabazaar.com was initiated by The Insurance Times Group, the leading monthly journal on insurance in India being published since 1981. The Journal The Insurance Times is celebrating 40th year of service to Insurance Industry in 2020. Besides journal the group also publishes books and examination guides on various topics on Insurance. The books and guides can be purchased from www.sashipublicatio

ns.com

The group has also sponsored Risk Management Association of India an NGO engaged in promotion of Risk Management Culture in India.

04/06/2026

Dr. Rakesh Agarwal the Editor of The Insurance Times Journal, conducted a Technical Training Programme on *Legal Preparedness for Insurance Surveyors* for members of IIISLA, West Bengal Chapter, Kolkata on 29th May 2026.

🎯 𝗧𝗵𝗲 𝘀𝗲𝘀𝘀𝗶𝗼𝗻 𝗳𝗼𝗰𝘂𝘀𝗲𝗱 𝗼𝗻:
✔️ Legal awareness and preparedness
✔️ Understanding regulatory expectations

Thank you to IIISLA and all participants for their active involvement and commitment to continuous learning.

01/06/2026

Cyber preparedness has become a boardroom priority for insurers, directly linked to governance, compliance, and customer trust.

With the IRDAI Information and Cyber Security Guidelines, 2026, insurers and insurance intermediaries need to strengthen their cyber preparedness with clear ownership, risk assessment, incident response planning, vendor monitoring, cloud controls, employee awareness, and audit-ready documentation.

For insurance companies, the next quarter should not be treated as a waiting period. It should be used to review existing controls, identify gaps, update response mechanisms, and ensure that cyber governance is aligned with regulatory expectations.

The key focus is simple:

✅ Strengthen board-level cyber oversight
✅ Review critical systems and data risks
✅ Update incident response plans
✅ Assess vendors, TPAs, and cloud partners
✅ Maintain evidence-based compliance records

Cyber resilience is now an essential part of trust in the insurance sector.

27/05/2026

Term Insurance and Whole Life Insurance serve different financial needs and long-term goals.

Term Insurance provides pure life protection for a fixed period at an affordable premium, making it suitable for individuals seeking higher coverage and financial security for their families.

Whole Life Insurance, on the other hand, offers lifelong coverage along with savings or cash value benefits, helping policyholders build long-term financial value while ensuring protection throughout life.

Choosing the right insurance plan depends on factors such as financial goals, affordability, long-term planning, and protection requirements.

Understanding these differences can help individuals make informed decisions for better financial security and future planning.

Subscribe to The Insurance Times now- https://sashipublications.com/shop/insurance-times-monthly-journal-online-edition/?utm_source=facebook&utm_medium=social&utm_campaign=insurance_times_journal

22/05/2026

Proud to feature insightful articles by Sanchit Malik & Rajat Mehrotra, Charu Srivastava, and Dr. Abhijit K Chattoraj in the May 2026 issue of The Insurance Times Journal.

Sanchit Malik and Rajat Mehrotra, in their article, discuss how India’s evolving AI ecosystem and the IndiaAI Mission are helping enterprises manage emerging risks while driving innovation through Artificial Intelligence.

Charu Srivastava, in her article, highlights the rising financial impact of cyber attacks and the growing importance of cyber insurance amid increasing dependence on digital infrastructure and online transactions.

Dr. Abhijit K Chattoraj, through his article, shares valuable insights on surveyor findings, claim assessments, valuation disputes, and legal scrutiny in large insurance claims.

A must-read edition for insurance professionals, risk managers, cyber insurance specialists, claims professionals, legal experts, policymakers, and those interested in the future of AI governance, cyber resilience, and insurance risk management.

21/05/2026

Yukti Agarwal, the Assistant Editor at The Insurance Times interacting with Amanda Mcateer, the Managing Editor for the Developer Relations Team at Guidewire Software!

Sharing key insights from the DevSummit 2026 hosted in Bengaluru.

Stay connected with The Insurance Times for exclusive event coverage, leadership interactions, and insights from the evolving world of insurance and InsurTech.

20/05/2026

Proud to feature insightful articles by Hanut Mehta, Co-Founder & CEO, Bimapay, and Dr. K. Raja Gopal Reddy, in the May 2026 issue of The Insurance Times Journal.

In his article, Hanut Mehta highlights how premium financing can emerge as a major enabler for increasing insurance pe*******on in India by 2030. He discusses the growing protection gap in life, health, and commercial insurance, and explains how innovative financing solutions can make insurance more accessible and affordable for millions across the country.

Dr. K. Raja Gopal Reddy, in his article on Corporate Social Responsibility (CSR), presents thought-provoking perspectives on the broader social and ethical dimensions of business responsibility and its evolving relevance in today’s corporate environment.

A must-read edition for insurance professionals, brokers, financial advisors, policymakers, and those interested in the future of insurance inclusion and corporate responsibility.

Get your copy of the May edition to read more: https://sashipublications.com/shop/insurance-times-monthly-journal-online-edition/?utm_source=facebook&utm_medium=social&utm_campaign=insurance_times_monthly_journal_online_edition

18/05/2026

Insurance Times at the Guidewire

Where insurance, technology, innovation, and future-ready talent came together under one global platform.

From exclusive conversations with industry leaders to insights on insurtech, AI, and insurance education, DevSummit 2026 reflected the next chapter of the insurance industry.

12/05/2026

We are pleased to be part of DevSummit2026 hosted by Guidewire Software, one of the largest global developer summits bringing together 3,000+ developers, innovators, and industry leaders.

The Insurance Times will be interacting with:
• Diego Devalle, Chief Product Development Officer, Guidewire
• Mohammed Anzy S, Vice President & Managing Director, Guidewire India

The discussion will explore:
✔ The future of AI in insurance
✔ Technology-led transformation in the insurance sector
✔ India’s growing developer and insurtech ecosystem
✔ The vision for “Insurance for All by 2047”

📍 Sheraton Grand, Whitefield, Bengaluru
📅 14th May 2026

08/05/2026

Digital underwriting is transforming how insurers assess risk, issue policies, and improve customer experience

AI, automation, and real-time data are helping insurers make faster and more accurate underwriting decisions

From instant policy issuance to personalised pricing, technology is reducing manual processes and improving operational efficiency

Digital underwriting is strengthening scalability, consistency, and smarter risk assessment across the insurance industry

Explore more insights with BimaBazaar & Insurance Times. Link in bio

27/04/2026

Insurance innovation is being transformed through technology in underwriting, claims, and customer experience

FinTech is reshaping the broader financial ecosystem including banking, payments, and lending

From policies to payments, technology is driving efficiency, accessibility, and smarter financial systems

One strengthens insurance processes, the other powers financial innovation at scale

📘 Explore more insights with BimaBazaar & Insurance Times. Link in bio

Address

25/1, Baranashi Ghosh Street
Kolkata
700007

Telephone

+919073791022

Website

https://linktr.ee/bimabazaarin

Alerts

Be the first to know and let us send you an email when Bimabazaar posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Organization

Send a message to Bimabazaar:

Shortcuts

Want your organization to be the top-listed Non Profit Organization in KOLKATA?