Max Life Insurance MD Prashant Tripathy Addresses Tax Benefit Withdrawal and Industry Outlook As the life insurance landscape navigates changes in tax policies and market dynamics, Prashant Tripathy, the Managing Director of Max Life Insurance, provides insights into the potential impacts on the industry. In an exclusive interview, Tripathy addresses the recent withdrawal of tax benefits for endowment policies, anticipated shifts in premium collections, and the broader industry outlook. Stability in Premium Collections Despite Tax Changes Tripathy, a seasoned industry professional, suggests that the withdrawal of tax benefits for endowment policies is unlikely to have a major impact on premium collections. The need for insurance, he emphasizes, transcends tax considerations. Insurance serves as a crucial financial tool that offers security and peace of mind beyond the allure of tax incentives. Tripathy asserts that while there might be a marginal reduction in premium collections ove
TraqCheck: Revolutionizing Employee Background Verification with AI and Automation In an era where data security breaches and cyber threats have become prevalent concerns, the significance of thorough employee background verification cannot be overstated. Addressing this need head-on is TraqCheck, a dynamic Delhi-based startup that emerged onto the scene in 2021 with the aim to transform and optimize employee background verification. Through the strategic integration of AI and automation, TraqCheck endeavors to streamline the background verification process, making it both efficient and cost-effective. TraqCheck was founded by Jaibir Nihal Singh and his childhood friends, Armaan Mehta and Rishabh Jain. Recognizing the mounting importance of accurate and timely employee background checks, the trio embarked on a mission to revolutionize this process through technological innovation. The startup’s approach leverages advanced technology to expedite verifications, minimize human errors,