In insurance operations, a single policy can involve multiple carriers, each responsible for different functions. Two important roles in this setup are the Underwriting Carrier and the Billing Carrier. While [...]
What is the purpose of Inland Marine Insurance How is it different in Personal Lines as compared to Commercial lines? Purpose Inland Marine Insurance policies are typically written on [...]
Family Risk Management refers to the approach that helps in the reduction of risk to the family through various risk management programs. It is a part of personal insurance. [...]
Find out if you need to purchase rental car insurance before approaching the counter. The rental car agency will make several offers to sell you supplementary insurance. Included in [...]
Catastrophe: A catastrophe is defined as an unexpected event that will cause significant damage or a high amount of suffering with that damage. That means this event will cause [...]
A study by a research organization has estimated that over 33 billion records will be stolen by cybercriminals in 2023 alone. So it's very important to consider effective cyber [...]
Introduction: Any insurance that protects individuals from financial loss brought on by a person's death, an injury, or the loss of their property is referred to as personal lines [...]
Last Updated - 26 Jul 2022 Overview Welcome to WinsurTech, India. WinsurTech is registered in Chandigarh, UT, India, and located at IT-C2, Sector 67, Mohali, Punjab, 160062, India. This [...]
Last Updated: August 18, 2021 This WinsurTech REST APIs Service Level Agreement (this “SLA”) is a policy governing the use of the Included Services (listed below) and applies separately [...]
Introduction When someone rents a car, the rental car companies try to sell different types of supplemental coverages. It can include collision coverage that helps to protect the rental [...]
Definition: Cyber insurance can also be called cybersecurity insurance. This insurance policy helps different businesses to cover the risks of cybercrime activities. The most common cybercrime activities are cyber [...]
Property insurance that expressly covers losses from water damage brought on by flooding is known as flood insurance. Floods can be brought on by persistent or severe rain, melting [...]
5PPH (Prior Policy History Group) This group refers to the Prior Policy History Group (like the previous carrier, policy number, etc). The relevant historical information pertaining to this policy [...]
