New India fined for two year delay paying medical claim

Health screen

Unit Trust of India Technology Services and The New India Assurance Company have been fined Rs 25,000 after incorrectly deducting money from a policyholders medical claim.

According to reports in Business Standard and India Express, Delhi resident Parvesh Singhal bought a family mediclaim policy from New India Assurance for sum assured of Rs two lakh for a year from

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Steven Wallace is managing director of EMEA for global claims services provider McLarens and is the current president of the Chartered Institute of Loss Adjusters.