“Insurance is a subject matter of solicitation” – have you heard this sentence? All insurance advertisements carry this line. It means insurance is a product that needs to be asked for by the consumers. So, the customer/consumer has to identify and choose the right product which fits into his needs. …

During my 35 years of experience in Insurance industry, I have come across many cases of cheating by the employees. Recently, I came to know about another case. One of the companies in Bangalore had transferred goods worth Rs.40 lakhs to their Branch at Mumbai. The manager in charge at …