Insurance

The insurance industry of India has 57 insurance companies, 24 are in the life insurance business, while 33 are non-life insurers. Among the life insurers, Life Insurance Corporation (LIC) is the sole public sector company. There are six public sector insurers in the non-life insurance segment. In addition to these, there is a sole national re-insurer, namely General Insurance Corporation of India (GIC Re). Other stakeholders in the Indian Insurance market include agents (individual and corporate), brokers, surveyors and third-party administrators servicing health insurance claims.   The future looks promising for the life insurance industry with several changes in regulatory framework which will lead to further change in the way the industry conducts its business and engages with its customers. 

 

We cater to Insurance Companies, keeping their valuable customer data secure by building Baseline Controls, Risk Management, Data Privacy Controls, VA/PT Testing’s and Cyber Security audits by our certified team which will provide better governance, greater efficiency (less overlap), and more risk control by providing information across the board, pointing out risks, gaps, opportunities, and priorities.