Magma HDI Unveils 'Double Suraksha': Affordable Protection for Every Income Group

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MUMBAI, India, Oct. 17, 2024 /PRNewswire/ --  Magma HDI General Insurance introduces 'Double Suraksha,' a versatile insurance solution designed to meet the needs of individuals from varied financial backgrounds. Whether for those who cannot afford comprehensive health plans due to high costs, or for the affluent seeking additional coverage for unaccounted expenses during hospitalization – 'Double Suraksha' provides a...

AXA Unveils State-of-the-Art Office Space in Pune, Expands its Global Business Services Center

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AXA's new state-of-the-art office space in Pune signifies the importance of AXA Global Business Services for AXA Group, its expansion to support the Group's Unlock the Future Strategy and commitment to strengthening its presence and operations in India.The unveiling of the new "Made in India" office is a testimony and nod to India's craftsmen and creativity, and a...

Star Health Insurance Receives Credit Rating Upgrade from India Ratings

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Star Health Insurance's Credit Rating upgraded to 'IND AA+' from 'IND AA', Stable outlookUpgrade reflects Star's consistent profitability, leadership position and large distribution networkCHENNAI, India, Oct. 7, 2024 /PRNewswire/ -- Star Health and Allied Insurance Company Limited (Star Health Insurance), India's leading health insurance provider, has achieved a significant milestone with a credit rating upgrade from India Ratings and...

Manulife Leads the Charge in Generative AI Innovations: Enhancing Productivity and Elevating Customer Experience

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HONG KONG, Oct. 2, 2024 /PRNewswire/ -- Following the exciting GenAI capabilities and initiatives that Manulife displayed at the recent Investor Day, Manulife today announced a significant leap in implementing its Generative Artificial Intelligence (GenAI) to transform business processes and elevate customer service with new capabilities across Asia, including the integration of GenAI with the agent experience in Singapore. With...

Paratus granted regulatory approval for renewable power industry

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Cision
Paratus to write the world's first policy for renewable power price protection GUERNSEY and LONDON, Sept. 25, 2024 /PRNewswire/ -- Paratus Holdings Limited ("Paratus"), the world's first (re)insurance group underwriting energy price risk, today announces that Paratus Renewables Insurance Limited has been granted regulatory approval by the Guernsey Financial Services Authority ("GFSC") to provide insurance cover to the renewable...

Markel appoints April Tam as Senior Underwriter, PFR & Cyber and Head of Financial Institutions, Asia

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April Tam, Senior Underwriter, Professional Financial Risk (PFR) and Head of Financial Institutions in Asia
SINGAPORE, Sept. 19, 2024 /PRNewswire/ -- Markel, the insurance operations within Markel Group Inc. (NYSE: MKL), is pleased to announce the appointment of April Tam as Senior Underwriter, Professional Financial Risk (PFR) & Cyber and Head of Financial Institutions in Asia. This strategic hire is integral to advancing Markel's profile and reinforcing its leadership position in the PFR sector. In...

Star Health and Policybazaar Launch 'SUPER STAR': A Modular Long-term Health Insurance Plan

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From Left to Right: Mr. Anand Roy, MD & CEO Star Health and Allied Insurance, and Mr. Sarbvir Singh, Joint Group CEO, PB Fintech, at the launch of 'SUPER STAR' insurance plan
Redefines flexibility and personalisation in health insurance to meet unique requirements at every stage of life A Long-term Health Insurance Policy with a 5-year policy termGURUGRAM, India, Sept. 13, 2024 /PRNewswire/ -- Star Health and Allied Insurance Company Limited (Star Health Insurance) and Policybazaar today announced the launch of 'SUPER STAR', a personalised long-term health insurance plan which is...

Magma HDI strengthens Private Car Insurance with Two New Add-Ons this Ganpati season

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MUMBAI, India, Sept. 12, 2024 /PRNewswire/ --  Motor insurance claims often come with the frustration of unexpected out-of-pocket expenses, but Magma HDI is working towards resolving this customer frustration. This Ganesh Chaturthi season, the Company has launched two new add-ons to ensure peace of mind at the time of claims and allowing customers to focus on getting back...

SBI Life Insurance and Mirchi return with the 14th edition of Spell Bee 2024, empowering India's young spelling wizards

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An initiative that spells progress, empowering young leaders through words and values MUMBAI, India, Sept. 12, 2024 /PRNewswire/ -- SBI Life Insurance, one of India's most trusted life insurers, in partnership with Mirchi, proudly announces the launch of the 14th edition of SBI Life Spell Bee 2024— 'Bee Spellbound.' As a platform that has shaped and spotlighted India's brightest...