The Insurance Regulatory and Development Authority of India (IRDAI) has come out with a master circular to provide various operational and procedural aspects, to be adopted by all insurers.
New Delhi [India], May 15: In today's fast-paced financial landscape, banks, financial institutions, and insurance companies face a critical challenge: distinguishing genuine customers from fraudsters. With the increasing cases in identity theft and document fraud, verifying customer identit
Despite several initiatives by Insurance Regulator and Insurance companies, pure risk policy is not picking up in India. A recent report by JM Financial suggests that the conversation about death is off-putting for large segments of societies.
Mumbai (Maharashtra) [India], April 15: SBI Life Insurance, one of the most trusted private life insurance companies in the country, launched the 1st edition of 'IdeationX', a pioneering initiative that promises to revolutionize the future of the insurance industry. The innovative platform a
According to a press release, this pioneering study aims to unravel the intricacies of the relationship between auto dealerships and finance & insurance entities, providing insights to enhance services and customer experiences in the automotive retail sector.
Mumbai (Maharashtra) [India], April 3: Tata AIA Life Insurance Company - one of India's fastest-growing life insurance companies has chosen SAS, a leader in AI and analytics, to help the insurance company in its adoption of the Indian equivalent of IFRS 17 reporting standards. The Insurance
New Delhi [India], April 2: Owing to the importance of bike insurance and car insurance, a number of insurance companies in India now offer such plans. While a third-party motor insurance policy is mandatory under the Motor Vehicles Act of 1988, there are two other types: Comprehensive an
The insurance sector has witnessed an influx of Rs 53,900 crore in foreign direct investment (FDI) from December 2014 to January 2024, Financial Services Secretary Vivek Joshi has said.
Only four states, including Tamil Nadu and Jharkhand, are implementing the Ayushman Bharat scheme through public-sector insurance companies, sources said.
Mumbai (Maharashtra) [India], March 8: SBI Life Insurance, one of India's most trusted private insurance companies, launched a thought-provoking novel initiative 'Beyond The Boundary' in collaboration with Tape A Tale to honour cricket enthusiasts by conceptualizing a platform to narrate ins
Bangalore (Karnataka) [India], March 8: This new generation is navigating an era of unprecedented changes, from the aftershocks of the COVID-19 pandemic to the silent resignations, layoffs, and a heightened awareness around mental health. But even amidst global economic uncertainties, the al
Mumbai (Maharashtra) [India], February 15: Tata AIA Life Insurance (Tata AIA), one of India's leading Life Insurance Companies, unveiled a campaign featuring Atul Khatri and Kenny Sebastian, two of India's foremost stand-up comedians. With their trademark brand of intelligent and subtle humo