New Delhi [India], December 19: SBI General Insurance, one of India's leading General Insurance companies, has successfully implemented the BUSINESSNEXT platform, a specialized Insurance Customer Relationship and Experience Management (CRM) solution, marking a significant milestone in its di
Mumbai (Maharashtra) [India], December 17: SBI Life Insurance, one of India's most trusted life insurance companies, launched a new TVC campaign titled 'Apne Iraadon Ko Smart Guarantee Do', centered around the intangible yet most meaningful benefit of its latest product offering 'SBI Life
The central government has floated a few proposals for the insurance sector, including raising the FDI limit in Indian insurance companies from 74 per cent to 100 per cent, and enabling an insurer to carry on one or more classes of insurance business and activities.
Mumbai (Maharashtra) [India], November 22: QualityKiosk Technologies, a global leader in digital assurance and reliability engineering solutions, is today announcing its strategic partnership with Qualitia. Using Qualitia's Boson platform, an AI-powered, self-healing solution specifically op
Bangalore (Karnataka) [India], November 9: Health Vectors (HV), one of the leading names in healthcare technology, is transforming personal health management with its Smart Health Reports. Of the various types of Smart Reports that Health Vectors produces, the Premium Smart Report utilises p
Mumbai (Maharashtra) [India], November 7: India's apex industry body for alternative assets, the Indian Venture and Alternate Capital Association (IVCA), announced the IVCA Private Credit Summit 2024, an initiative in collaboration with Avendus, EAAA India Alternatives Limited, InCred Altern
"Nothing stops them from coming and doing business. There are actually a lot of private Banks already in India. Private insurance companies already in India. Private insurance companies which are not Indian, which are already in India," Sitharaman said.
The IRDAI is set to implement new rules from October 2024, mandating higher surrender pay-outs for policyholders who exit their policies early. This change is expected to negatively impact insurers' margins in the second half of FY25, as per the report.
Bengaluru (Karnataka) [India], October 2: Mutual Global Insurance Broking Pvt. Ltd. - a Bengaluru-headquartered, IRDAI-licensed insurance broker, in collaboration with ICICI Lombard General Insurance Company Ltd. - one of the leading private sector general insurance companies in India, recen
New Delhi [India], October 1: An annuity is a type of retirement plan that is sold by insurance companies. Annuities provide a stable income stream during retirement, ensuring that you can maintain your preferred standard of living even when you no longer draw a salary from work.
The Ministry of Finance, on Thursday, directed public sector insurance companies to extend and provide full support to the people affected by floods in Andhra Pradesh and Telangana.
New Delhi [India], September 3: Choosing motor insurance isn't just about finding the cheapest premium; it's about ensuring peace of mind knowing your insurer will be there when you need them most. Two key metrics, the Claims Settlement Ratio and the Claims Disposal Ratio, provide valuable