Page 3 - Insurance Times July 2021

D ES
A C E D R U IN PUBLICATION
O
The YEARS
F
SINCE 1981
DEDICATED SERVICE
TO T O I T A N E H N
Insurance Times
Vol. XXXXI, No. 07, July 2021 ISSN - 0971 - 4480

Editor Editor-in-Chief’s Desk
CA Rakesh Agarwal Associate Editor
Phd (Risk Management), Shyam Agarwal
F.C.A, L.L.B, FIII, MBA, M.Com (BIM), FCA,
DISA (ICAI), FRMAI, DISA, DIRM, CCA,
MCom (BIM), PGJMC FIII, PGJMC, PGDMM Ram Gopal Agarwala
B.Com, LLB, FCA.
Editorial Advisory Board
Dr. B. K. Jha
Prof. (Dr.) Abhijeet K. Chattoraj LIC is planning for IPO and may be it may be launched next
year. The Chairman of LIC has been given extension till next
Resident Editors
year to oversee the process of successful launch of IPO. LIC
Vazir Ahmed Khan, Secunderabad IPO would be one of the biggest IPO considering the brand
V. K. Agarwal, Agra value of LIC.
R. K. Sharma, Jaipur
The merger of PSU general insurance companies has been
Shaik Gulam Afzal Biya Bani, Saudi Arabia
put in back burner as of now. Government seems to have
C. K.Bhatia, Delhi priority of privatizing PSU banks instead.
Ganesh Iyer, Mumbai
The Covid 19 has helped the country to upgrade its health
R. Venugopal, Bangalore
infrastructure within a quick time. Post Covid this will help
Jaswanth Singh G , Mysore
the common citizens to avail better quality healthcare.
Correspondence Address Health Insurance portfolio will also grow eventually and the
25/1, Baranashi Ghosh Street, Kolkata - 700 007, India
Phone : 91-33-4007 8378/3553 4434 reach all over the country will also widen. With sand box
Website : www.sashipublications.com products we will witness small ticket size products which
Portal : www.bimabazaar.com
E-mail : insurance.kolkata@gmail.com will help to expand the health insurance industry.
Registered Office Term Insurance has also gained traction during the covid
31/1, Sadananda Road, Kolkata - 700 026, India regime as more and more people are understanding the
needs of life insurance and want to secure the future of
Customer Help Line
For non receipts/any other query please contact their family. Particularly the millennial population is more
E-mail : sashipublications@yahoo.com interested in term insurance which is a good sign.
Phone : 033-40078428, 40078429
IRDAI should think of opening Regional Offices in major
Single Copy ` 85/-
Annual Subscription : ` 990/- (Ordinary Mail) metros so that it is more accessible to insurance industry.
` 1340/- (Regd.) Foreign air mail US$ 125 IRDAI must also be more proactive in responding to
Payment may be made online by NEFT/ Credit card online consumer grievances and creating confidence in their
or by cheque / DD favouring Sashi Publications Pvt. Ltd. mind.
Covid has resulted into adoption of digital technology at a
fast pace by the Insurance companies as well as the
intermediaries. This will ultimately benefit the consumers
in terms of faster service, easy accessibility, increasing
Publisher Sushil Kumar Agarwala, 31/1, Sadananda Road, P.S. Kalighat, reach of insurance products, faster underwriting and claims
Kolkata - 700 026, India. settlement. Hopefully the technology will help to bridge
Printed by Satyajug Employee Co Operative Industrial Ltd,
13, Prafulla Sarkar Street, Kolkata - 700 072. the penetration gap in the insurance industry.

The Insurance Times, July 2021 3