“Missing middle” may be covered by universal health insurance

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The Modi government may launch universal health insurance for 400m citizens who currently lack medical insurance. The “missing middle” comprises largely casual labourers or the self-employed or gig workers who are neither under the Ayushman Bharat scheme for the poor nor have any...

Insurers to Assume Pension Obligations for 56,000 Verizon Retirees

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Plan sponsor Verizon Communications Inc. this month completed a $5.9 billion pension risk transfer by purchasing single-premium group annuity contracts with two...

Surge in Pet Insurance Contracts Reflects Growing Number of Pet-Owning Households in South Korea

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The trend of pet ownership in South Korea has surged to new heights, with a quarter of all households now boasting furry friends. (Image courtesy of Yonhap)
The trend of pet ownership in South Korea has surged to new heights, with a quarter of all households now boasting furry friends. (Image courtesy of Yonhap) SEOUL, Mar. 7 (Korea Bizwire) – The trend of pet ownership in South Korea has surged to new heights, with a quarter of all households now boasting furry friends. This boom in pet adoption...

FCIK Appeals PM To Rejuvenate Ailing industry In J&K – Kashmir Observer

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Srinagar- Ahead of Prime Minister’s visit to Kashmir, the Federation of Chambers of Industries Kashmir (FCIK) has called for his  attention to the ailing industrial sector in Jammu and Kashmir, appealing for a revival through a proposed triple-therapy method, along with additional measures. This approach encompasses earmarking 25% funds from the Central Industrial Scheme for existing industries, substantial...

Making embedded insurance more customer-centric

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Illustration of a cashless, embedded transaction between a consumers and a businessman. Coins are transferring between the phones the hold in their hands
No two insurance policies are the same, and that extends to the way carriers deliver their embedded insurance models, one expert told the Insurance Canada Technology Forum.  But before capitalizing on this latest digital sales opportunity, insurers must guarantee their consumers’ needs are at the forefront of the embedded experience, Renée Walkom, chief operating officer at Foxquilt, a digital...

Tanker backlog in Venezuela is growing; PDVSA struggles to deliver oil

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A growing number of vessels were having to wait to load crude and fuel in Venezuela, with state-run oil firm PDVSA struggling to deliver cargoes on time, reported Reuters, citing people familiar with the matter, documents and shipping data.PDVSA had sought to increase shipments this month, according to the documents and data, following setbacks in January. Outages at...

Kreidler fines NY Life Insurance Company $46,000 for training lapse – Insurance Industry Today

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Kreidler fines NY Life Insurance Company $46,000 for training lapse - Insurance Industry Today - EIN Presswire ...

Around the P&C insurance industry: March 6, 2024

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Insurance industry news from Messagepoint, Quadient, ICEYE  and more. Photo: Shutterstock Messagepoint was named a 2024 SPARK Matrix Customer Communication Management Technology Leader by global research and consulting firm, Quadrant Knowledge Solutions. The CCM market research from Quadrant Knowledge Solutions is a competitive analysis and ranking of the leading CCM solutions, including vendors’ product features and functionalities, as well...