Page 3 - Insurance Times December 2018

The
The

Insurance Times
Insurance Times

Vol. XXXVIII, No. 12, December 2018
From The ISSN - 0971 - 4480
Editor Associate Editor
CA Rakesh Agarwal Shyam Agarwal
M.Com (BIM), M.Com (BIM), Editor-in-Chief’s Desk
FCA, DISA, LLB, FIII, ACA, DISA,
PGJMC, MBA, FRMAI, PhD FIII, PGJMC
Editorial Advisory Board
Dr. B. K. Jha
Prof. (Dr.) Abhijeet K. Chattoraj Ram Gopal Agarwala
Resident Editor
Dr. K. L. Madhok, Gurgoan B.Com, LLB, FCA.
Vazir Ahmed Khan, Secundarabad
V. K. Agarwal, Agra Merging of the three PSU Insurers National, United and
R. K. Sharma, Jaipur
Shaik Gulam Afzal Biya Bani, Saudi Arabia Oriental as decided by the Central Govt. is still under
B. K. Gupta, Agra preparatory stage. However merger process is not clear as
C. K.Bhatia, Delhi
Ganesh Iyer, Mumbai to how it is going to happen. What would be the valuation
L. S. Rao, Hyderabad
R. Venugopal, Bangalore of each unit and so on. One of the major challenges would
Jaswanth Singh G , Mysore be to integrate their IT infrastructure as all companies have
Papia Rahman, Bangladesh
Correspondence Address different software and systems. Relocation of Manpower,
25/1, Baranashi Ghosh Street, Kolkata - 700 007, India merging of offices would also be of prime concern.
Phone : 91-33-2218 4184/2269 6035
Website : www.sashipublications.com Ayushman Bharat the flagship Central Cum State Govt.
Portal : www.bimabazaar.com
E-mail : insurance.kolkata@gmail.com Health Scheme is spreading gradually. However it will take
Registered Office some more time to expand all over the country and to
31/1, Sadananda Road, P.S. Kalighat
Kolkata - 700 026, India cover the whole population of 50 Crores. The health
Customer Help Line infrastructure needs to be improved to reach out to the
For non receipts/any other query please contact masses. The claim ratio needs to be monitored carefully as
E-mail : sashipublications@yahoo.com
Phone : 033-40078428, 40078429 in case of earlier Pradhan Mantri Insurance schemes the
Single Copy ` 85/- claims ratio has been very high.
Annual Subscription : ` 990/- (Ordinary Mail)
` 1340/- (Regd.) Foreign air mail US$ 125
Contact for more details. As per IRDAI Chairman Dr Subhash Chandra Khuntia,
Insurers must focus on customer satisfaction and value
addition to products, redesign products based on the
requirements of the customers in order to ensure
sustainable growth of the Industry.
Risk Management Association of India an NGO is
expanding its area of activity and operations very fast all
Publisher Sushil Kumar Agarwala, 31/1, Sadananda Road, P.S. Kalighat, over the Country. The prime role of this Body is to spread
Kolkata - 700 026, India. awareness among the stakeholders and create a vibrant
Printed by Satyajug Employee Co Operative Industrial Ltd,
13, Prafulla Sarkar Street, Kolkata - 700 072. risk management platform to manage risks effectively.

The Insurance Times, December 2018 3