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5 Jul 2021

  As we know India is on the threshold of becoming major power nation among developing economies & Electricity is a one of key ingredient for the economic growth of the country. There has been a surge in demand for power in India due to increase in capacity utilization, industrialization & urbanization. Transformer improves safety and efficiency of power systems...

26 Jun 2021

The Indian insurance regulator IRDAI has allowed non-life insurers to offer "homecare/domiciliary treatment" or treatment at home as an add on cover afresh or to their existing policies. In a circular to all non-life insurers including standalone health insurers, the Insurance Regulatory and Development Authority of India (IRDAI) has said companies have to file their products with it, if home...

31 May 2021

Dear All, Greetings from Beacon!! In our effort to keep on updating you on the various changes in the industry or insurance related news, please see a recent update below which gives the information about Marine Insurance cover. We would like to inform you to recheck the following covers under your existing policies: Review your existing marine policy. Sometime piracy...

17 May 2021

Facts: The Georgia-based company US Colonial Pipeline which operates the largest petroleum pipeline in the United States, carrying 2.5 million barrels a day of gasoline, diesel, heating oil, and jet fuel, which transports about 45 percent of all petrol and diesel consumed on the east coast of the US reported that it was the victim of a “cybersecurity attack” that...

17 May 2021

Dear Sir / Madam As  we all  are aware about the expected  impact of cyclone –“ Tauktee “  on western coast of India.  IMD  has categorized cyclone as a very severe as on now and issued warning of heavy rain fall resulting floods and landslides over the coastal area of Kerla, karnataks, Goa & some parts of  Guajrat We are...