Time to knock off knock-for-knock!
TImes Of India blogs
December 7, 2025
https://timesofindia.indiatimes.com/blogs/outlier/time-to-knock-off-knock-for-knock/
Time to revisit vestiges of the yore. Notwithstanding the opening up of the insurance market, knock-for-knock agreement remains embedded in the system. Dismantling it should clear the path to segment the market. It is not only about profitability of insurers, fair pricing for insureds but also disciplining how we drive on our roads.
LinkedIn post: https://www.linkedin.com/feed/update/urn:li:activity:7403627404125986816/
The Diversity Blog 
This is eminently sensible and timely suggetsion. Indian insurance market is overhyped, someday it is likely to go the way of aviation market, as hubris hides the absense of professionalism. In fact customers have no idea that they are paying for others’ sins (metaphorically speaking) as the Third Party Personal Injury premiums are loaded agaist careful dirvers and give a free ride to the reckless ones! This is another area where public (and regulatory) awareness has to raised!
Many thanks! This is not just ‘yet another’ flagging – but spotlighting an ostrich that has for long forgotton its head is buried somewhere!!!