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    Question

    Recently IRDAI has organized it’s first

    hackathon— Bima Manthan 2022 — with the theme of this hackathon?
    A Insurance in Innovation Correct Answer Incorrect Answer
    B Innovation and reinsurance Correct Answer Incorrect Answer
    C Innovation in Insurance Correct Answer Incorrect Answer
    D Reinsurance and Innovation Correct Answer Incorrect Answer
    E None of the above Correct Answer Incorrect Answer

    Solution

    The Insurance Regulatory and Development Authority of India (IRDAI) has organised it’s first hackathon— Bima Manthan 2022 — with the theme ‘Innovation in Insurance’. IRDAI has invited entities to develop technology-driven innovative solutions for automated death claim settlement, curtail miss-selling, and other areas of the insurance ecosystem, with an aim to protect the interest of policyholders. Fraud mitigation/ prevention in motor insurance by using technology is another area identified for Bima Manthan 2022. IRDAI Headquarters: Hyderabad Chairperson: Debasish Panda

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