Page 50 - Insurance Times October 2019

2. You are advised to initiate immediate steps for quick Tamilnadu Floods and Kerala Floods occurred),
registration and disposal of claims on the following may be considered.
lines: - c. Details of offices/ special camps set up for the
a. Please nominate a senior officer at the company purpose and other relevant details may be
level who would act as a Nodal Officer for the publicized through your website, media and
affected states. The Nodal Officer would be through State Government channels to enable
coordinating the receipt, processing and filing of claims.
settlement of all eligible claims. The contact
particulars of the Nodal Officer may also be d. It needs to be ensured that all claims are surveyed
conveyed to us and the same may be given due immediately and claim payments/on account
payments are disbursed at the earliest and in any
publicity.
case not exceeding the stipulated time line.
b. If there are any death claims and death certificate
is difficult to obtain on account of non-recovery of e. Adequate number of surveyors may be engaged
immediately in the affected areas.
body etc, the process followed in the case of
Jammu & Kashmir floods (Notification of Ministry f. You are also requested to launch extensive
of Home Affairs, GoI, No. 1/12/2014- Vs (CRS) awareness campaign in the affected states duly
Dated 12.09.2014- which was also followed when highlighting the measures taken by you.

LinkedIn hails Digit Insurance 3. In order to gauge the magnitude of loss, all non-life
insurers (including Standalone Health Insurers) are
as one of the Top Startups in advised to submit information relating to insurance
claims related to Kerala Flood (Aug 2019) on daily basis
India in 2019 in the format attached.

Digit Insurance, one of the fastest-growing insurtech 4. We request you to take urgent steps for expeditious
company in the world, has been featured in LinkedIn’s
settlement of claims in the flood hit areas and submit
Top Startups List in India. The company has been using details of the same as advised above.
simplicity as its biggest differentiator and technology as
an enabler to achieve its mission. In last one year, Digit Yegnapriya Bharath
has reached 3 mn customers with Rs 1200 Cr of Chief General Manager (Non-Life)
premium. Digit has also gained a market share of 2% in
motor category in India in Quarter 1 ’19 , with a
remarkable 72% Net Promoter Score (NPS). Digit LIC Promotional Exam Sample Questions - Series 1
Insurance’s unique strategy to transform the traditional
insurance market with simplicity has attracted 1000+ 1. c. Bangalore 18. a. U.S. trade representa-
employees across India. 2. b. Sachin Tendulkar tive
3. c. Shadnagar 19. a. 1936
Kamesh Goyal, Founder and Chairman, Digit insurance,
said, “Digit Insurance featuring for the second 4. c. Kolkata 20. b. Leila Seth
consecutive year on ‘LinkedIn’s Top 25 Startups list is a 5. c. Shooting 21. b. J.A. Hickey
6. c. Rakesh Sharma 22. c. Ahmedabad
testimony to our vision and mission and the way we plan
7. a. Pearl S. Buck 23. d. Jaipur
to change the insurance industry. We take pride in the 8. d. Shehnai 24. d. None of these
culture of a paperless & transparent environment that we 9. d. Agra 25. d. nstrumental music
have built. We are only in our second year of operations, 10. d. Tamil Nadu 26. a. Mussoorie
and this achievement attests to our goodwill in the 11. b. N.E. Borlaug 27. b. Cartooning
market.”
12. b. Faridabad 28. d. S.H.F.J. Manekshaw
The ranking of the most wanted start-ups’ is determined 13. a. V. C. Jog 29. c. Hyderabad
by more than 50 million professionals on LinkedIn in 14. d. Rihab Rashid Taha 30. d. Swappan Kumar
India. Each start-up is measured based on four criteria – 15. b. Music 31. b. Hubli
employment growth, engagement, job interest and 16. d. None of these 32. c. Mumbai
attraction of top talent. Digit has been featured on the 17. a. Delhi 33. b. Roddy Doyle
list for the second consecutive year. 35. a. Economics

50 The Insurance Times, October 2019