Decapitating stroke for UAE third party administrators
Role of TPAs in health insurance market to be eliminated after capitation schemes deemed unlawful
Author: Bhaskar Raj
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Is covid-19 a blessing in disguise for insurers and advisers?
Pandemic has created a compelling need for, and change in mindset towards, savings and protection plans
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Big time advice market consolidation in the offing
Covid-induced slowdown, regulations and disruptive technology sound death-knell for small players
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Drop in business forces advice market to change track
Firms shift sales strategies online and go from face-to-face to screen-to-screen
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Investors brand India’s trillion rupee package a damp squib
But advisers exhort them to remain invested and take the uncertainty as an opportunity
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NRI status to remain intact for those stuck in India
An extended stay in the country will not count against a person’s non-resident status
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Firms turn to advisers to mitigate covid-19 losses
Companies urged to talk to their insurance consultant to see what their policies cover
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Online marketing of insurance to need approval in UAE
But life policies with an investment component cannot be sold electronically
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Advisers nudge NRIs to re-enter India markets
As they re-sell the country’s success story to stay afloat
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Insurance brokers in UAE offered capital relief
It will help firms meet their operating expenses during the coronavirus outbreak
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UAE insurers get a six-month breather
Insurance Authority postpones life regulations implementation in the wake of covid-19
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Stay put with existing investments, say advisers
Current record sell-off in Indian markets is once-in-a-decade opportunity for long term investors