Gurugram (Haryana) [India], August 21: In an attempt to resolve the longstanding employee/customer concern of the wait time between a doctor confirming that they can get discharged to finally being released from hospital at the point of cashless claims, Policybazaar for Business, a brand
It identifies the legacy core systems as bottlenecks in insurers' efforts to innovate and deliver new products and experiences in a rapidly changing digital landscape. BCG's report highlights the unique opportunity for business and technology teams within insurance companies to collaborate a
Mumbai (Maharashtra) [India], August 17: SBI Life Insurance, one of India's most trusted life insurance companies, steps up to partner with the Paralympic Committee of India (PCI) as a Gold Sponsor for the Paris 2024 Paralympic Games starting on 28th August 2024 in Paris. This alliance ai
Mumbai (Maharashtra) [India], August 12: SBI General Insurance, one of India's leading General Insurance companies, has reported a robust growth of 32% in the first quarter of FY 24-25, resulting in a Gross Direct Premium (GDP) of INR 2,603 crore. This growth rate significantly outperform
The Finance Ministry has ordered five public sector insurance companies to extend all the possible help to the victims of the calamity in Kerala to secure the insurance claims, the Finance Ministry said in a post on social media platform "X".
Mumbai (Maharashtra) [India], July 20: Tata AIA Life Insurance (Tata AIA), one of India's leading life insurance companies, is pleased to announce that the company has secured #6 position in the Global Million Dollar Round Table (MDRT) rankings for 2024*. The Company achieved the largest num
Mumbai (Maharashtra) [India], June 5: HDFC Life, one of India's leading life insurance companies, announced that it has crossed Rs 3 lakh crore in Assets Under Management (AUM). This milestone reflects the company's consistent growth and commitment to managing its policyholders' assets prude
Gurugram (Haryana) [India], May 31: Policybazaar for Business (PBFB)*, just one year after its launch, announces its achievements in reshaping the landscape of business insurance in India. In the past year, PBFB has demonstrated an exceptional growth trajectory, with a staggering 40% surge i
Mumbai (Maharashtra) [India], May 31: Federal Bank, a prominent private sector bank in India, announced a Bancassurance tie-up with Tata AIA Life Insurance Co Ltd, one of India's leading life insurance companies. This strategic alliance aims to provide Federal Bank's customers, access to Tat
The Insurance Regulatory and Development Authority of India (IRDAI) has directed the insurance companies to settle the cashless claims within one hour of hospital admission and the claim settlement with three hours of hospital discharge.
With the objective of making Ayush treatments available to the last mile patient, stakeholders gathered to discuss the regulatory framework and policy support needed to mainstream Ayush treatments in health insurance schemes at the sensitization program organised by the Ministry of Ayush for