insurance: HR News, Trends & Workplace Insights

Latest insurance HR Trends, workforce insights, and expert analysis. Stay updated with the latest news on insurance.

Updated on: Dec 2022
LIC rolls out 16% salary hike, 5-day-work week, and special allowance
Industry

LIC rolls out 16% salary hike, 5-day-work week, and special allowance

LIC rolls out 16% salary hike, 5-day-work week, and special allowance After a long time, Life Insurance Company (LIC) has announced a salary hike of 16% for all employees. Over one lakh employees of LIC will benefit from the wage revision that has come along with several other perks. Earlier to this, LIC employees got […]

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Aegon Life elevates Satishwar Balakrishnan as MD, CEO
C-Suite Move

Aegon Life elevates Satishwar Balakrishnan as MD, CEO

Aegon Life elevates Satishwar Balakrishnan as MD, CEO Private life insurer Aegon Life Insurance on Thursday elevated Satishwar Balakrishnan to the position of managing director and chief executive officer. Balakrishnan had joined the company in July 2019 as the chief financial officer, the insurer said in a release. “I am pleased to lead a company […]

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Star Health & Allied Insurance appoints a new CHRO
CHRO Move

Star Health & Allied Insurance appoints a new CHRO

Star Health & Allied Insurance Company has appointed Dr. Sriharsha Achar as Joint Executive Director and Chief Human Resources Officer. Achar is a result oriented, senior HR professional with over 3 decades of robust record in aligning HR strategy with business goals and instrumental in strengthening employee experience and relations to facilitate a cordial and […]

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How Max Life drives Employee Experience for remote staff
Employee Engagement

How Max Life drives Employee Experience for remote staff

How Max Life drives Employee Experience for remote working employees What we once valued as employee engagement has gradually given way to what we now call the “Employee Experience”. And indeed, it’s everything that matters in our day-to-day working lives to get the best out of us. Given the challenging pandemic time and the future […]

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Chubb launches Work from Home Insurance for apac region
Coronavirus

Chubb launches Work from Home Insurance for apac region

Chubb launches Work from Home Insurance for the Asia Pacific Region SINGAPORE – Chubb announced today the launch of Work from Home (WFH) Insurance, a market-first in Asia Pacific. As a result of the COVID-19 pandemic, the traditional office environment has increasingly become the home, as work from home becomes the new normal. As businesses […]

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Paramjit Singh Nayyar joins Bharti AXA as new CHRO
CHRO Move

Paramjit Singh Nayyar joins Bharti AXA as new CHRO

Paramjit Singh Nayyar joins Bharti AXA General Insurance as new CHRO, effective 7 July 2020 Paramjit Singh Nayyar joins Bharti AXA General Insurance as the Chief Human Resources Officer, effective 07 July 2020. Prior to this, most recently he was working as Chief HR Officer with HDFC ERGO General Insurance Company Limited (formerly Apollo Munich Health Insurance) for […]

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Future Generali announces Increments for all its Employees
Coronavirus

Future Generali announces Increments for all its Employees

Future Generali India Insurance Company Limited announces promotions, annual increments and variable payouts for all its employees Amidst the ongoing economic and COVID-19 crisis, Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail giant Future Group and global insurer Generali, announced promotions, annual increments & variable payouts […]

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IRDAI: Insurance guidelines for claims under coronavirus
Coronavirus

IRDAI: Insurance guidelines for claims under coronavirus

Insurance Regulatory and Development Authority of India (IRDAI) has issued guidelines for the general insurer and health insurers on the handling of claims reported under coronavirus. Where coverage is granted for the treatment of hospitalization expenses, in order to alleviate the hardships that may be caused to the policyholders, all claims reported under coronavirus shall be handled as […]

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