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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