Glotus456 Research
Research
A daily blog and an Insurance Encyclopedia for India, written for the people who build and run distribution.
Glotus456 Research is a free reference for Indian insurance, written by a distribution consultancy for the people who build, sell and service insurance. It has two parts: a daily blog on what new rules, numbers and market moves mean for distribution, and an Insurance Encyclopedia that explains every core concept, from IRDAI and Bima Sugam to persistency, IDV and Section 80D.
DailyResearch blogShort, sourced analysis of the day's development in Indian insurance, written for heads of distribution, agency, bancassurance and partnerships.3 posts so farReferenceInsurance Encyclopedia (India)196 terms across regulation, products, schemes, distribution, metrics, finance, claims and tax, each with what it means for distribution.Browse the encyclopedia
Look up a term
Regulation and regulators 21Principles of insurance 11Life insurance 30Health insurance 26Motor insurance 11Property, commercial and specialty insurance 14Government and social insurance schemes 8Distribution and intermediaries 21Distribution performance metrics 9Insurance finance and actuarial 15Reinsurance 7Claims and policyholder service 17Insurance and tax 6
Latest from the blog
17 October 2026What IRDAI's distribution draft means for women agents and Bima SakhisIRDAI's draft keeps agents on higher commission caps than distribution entities and adds a rural uplift, which favours women-led agency in small towns if supervision keeps up.Read the post17 October 2026Life new business rose 21% in September 2026, but retail policy counts did notIRDAI data for September 2026 shows life first year premium up 21%, led by group single premium, while individual regular premium policies fell 1.4%.Read the post17 October 2026IRDAI's draft commission caps: what banks and NBFCs that sell insurance stand to loseIRDAI's September 2026 consultation paper would cap what banks and NBFCs earn on insurance well below today's averages, with the deepest cuts on credit-linked cover.Read the post
Most searched terms
Regulation and regulatorsLife Insurance Corporation of India (LIC)The Life Insurance Corporation of India (LIC) is India's largest life insurer, a statutory corporation formed in 1956, majority owned by the government and listed on stock exchanges since 2022.Government and social insurance schemesPMFBY (Pradhan Mantri Fasal Bima Yojana)PMFBY is India's flagship crop insurance scheme, launched in Kharif 2016, covering farmers' yield losses from natural risks for a farmer premium capped at 1.5 to 5 per cent.Government and social insurance schemesAyushman Bharat PM-JAYAyushman Bharat PM-JAY is the Government of India's health assurance scheme giving eligible families cashless hospital cover of up to ₹5 lakh a year, extended in 2024 to everyone aged 70+.Life insuranceTerm insuranceTerm insurance is a pure protection life policy that pays a fixed sum assured to the nominee if the insured person dies within the policy term, and pays nothing if the person survives it.Regulation and regulatorsIRDAI (Insurance Regulatory and Development Authority of India)IRDAI is the statutory regulator of insurance in India, set up under the IRDA Act, 1999, to protect policyholders and to regulate, promote and ensure the orderly growth of insurance.Claims and policyholder serviceCKYC and KYC in insuranceKYC in insurance is the identity and address check insurers must run on every customer under anti-money laundering law. CKYC is the central registry that lets one verified record be reused.Government and social insurance schemesPMJJBY (Pradhan Mantri Jeevan Jyoti Bima Yojana)PMJJBY is the Government of India's one-year renewable group term life scheme that pays ₹2 lakh on death from any cause, for bank and post office account holders aged 18 to 50, at ₹436 a year.Government and social insurance schemesPMSBY (Pradhan Mantri Suraksha Bima Yojana)PMSBY is the Government of India's one-year renewable accident insurance scheme that pays up to ₹2 lakh for accidental death or disability, for account holders aged 18 to 70, at ₹20 a year.Government and social insurance schemesAtal Pension YojanaAtal Pension Yojana (APY) is a government-backed contributory pension scheme that guarantees a monthly pension of ₹1,000 to ₹5,000 from age 60 to subscribers who join between 18 and 40.Life insuranceULIP (unit linked insurance plan)A ULIP (unit linked insurance plan) is a life insurance policy that invests premiums, net of charges, in market-linked funds chosen by the policyholder, and also pays a death benefit.Claims and policyholder serviceBima BharosaBima Bharosa is IRDAI's online grievance management system, the renamed IGMS, where policyholders register and track complaints against insurers and IRDAI monitors how they are resolved.Motor insuranceThird party motor insuranceThird party motor insurance is the cover every vehicle on a public road in India must carry under the Motor Vehicles Act, 1988, paying for death, injury or damage caused to others.
How we write
- A short, complete definition first, then how the concept works in India.
- Facts checked against primary sources: IRDAI, the Insurance Act, Gazette notifications, scheme portals and tax law, linked in every entry.
- Dated: every page shows when it was last updated, and entries are revised when the rules change.
- A distribution view in every entry: what the concept means for agents, partners, sales managers and channel leaders.