Greetings from Beacon As a continuous communication we would like to inform you about one more ship accident. The objective of sharing this info. Is that you can take swift action to protect your import/ export . And if insured there may be damage to Cargo or demand from the shipping company for contribution to the loss Such contributory losses….called...

Payment from debtors acts as fuel to engine which keeps the business running. Even one big default can shake the financial stability of a company. Future is not predictable specially now a days when Economy is highly uncertain. Post COVID demand for credit transactions have increased, debtors are seeking longer credit period resulting in higher exposure and a long lasting...

  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...

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...

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...