Insurance-Tips

MUMBAI, India, June 26, 2025 /PRNewswire/ -- Zurich Kotak General Insurance's comprehensive car insurance policy is crafted to cover various risks, both large and small. Whether it's minor damage from a parking lot incident or significant damage due to unforeseen natural disasters, this coverage ensures that the insurers are always protected. Nearly 25% of car owners face accidental damage annually,...

Firm is undertaking one of the most ambitious digital transformations across the broker universe DUBLIN, June 23, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today announced the launch of Aon Broker Copilot, a proprietary, patent-pending platform that uses artificial intelligence, large-language models and predictive analytics to transform the commercial insurance placement process. Developed in-house and co-designed with...

The new partnership reflects the brand's enduring commitment to being 'Promises Ka Partner' for its customers NEW DELHI, June 23, 2025 /PRNewswire/ -- In a move that reinforces its purpose-driven brand narrative, Canara HSBC Life Insurance Company Limited ('Canara HSBC Life Insurance'), has announced the onboarding of India's fast-bowling spearhead Jasprit Bumrah, exclusively represented by RISE Worldwide and his partner,...

MUMBAI, India, June 23, 2025 /PRNewswire/ -- Zurich Kotak General Insurance (Zurich Kotak) celebrates its first Foundation Day by reinforcing its commitment to its community and launching Zurich Commercial Insurance in India. The Zurich Insurance Group (Zurich) and Kotak Mahindra Bank-led entity completed one year of its establishment on June 18, 2025. Zurich Kotak General Insurance, in partnership with Forest...

The initiative underscored SBI Life's focus on innovation, young talent, and building future-ready insurance solutions MUMBAI, India, June 20, 2025 /PRNewswire/ -- SBI Life Insurance, one of India's most trusted private life insurers, marked the finale of its national innovation initiative — Hack-AI-Thon 2025 — a strategic platform to crowdsource artificial intelligence-driven solutions to real-business challenges faced by the...

Specialty facultative reinsurance MGA bolsters United Risk's business, among the largest in the world and now unique for its diversified scale and geographic reach NEW YORK, June 18, 2025 /PRNewswire/ -- Mr. Hayden Smith, United Risk's Regional CEO with responsibility for operations in Asia and Australia, has announced that United Risk has completed the acquisition of Pinnacle Underwriting Pty Ltd.,...

DUBLIN, June 17, 2025 /PRNewswire/ -- Aon plc (NYSE: AON), a leading global professional services firm, today released its 2025 Cyber Risk Report, revealing that cyber events that cause reputation risks can result in an average of 27 percent drop in shareholder value, highlighting the growing financial and reputational stakes of cyber risk. The findings build on Aon's 2023 research,...

Global alignment and executive appointments fuel Lockton's fifth straight year of double-digit organic growth KANSAS CITY, Mo., June 16, 2025 /PRNewswire/ -- Lockton, Inc., the world's largest independent and privately held insurance brokerage, recorded global revenue of $4.0 billion for the fiscal year ending April 30, 2025—representing a five-year compound annual growth rate (CAGR) of more than 16%. Key Fiscal...

Reaffirms policyholder trust and the company's financial strength through sustained value creation NEW DELHI, May 30, 2025 /PRNewswire/ -- Canara HSBC Life Insurance Company Limited ("Canara HSBC Life Insurance"), has announced a bonus of ₹250 crore for FY25, benefiting around 2.27 lac policyholders as of 31st March 2025 holding participating policies with the Company. This bonus reflects the company's...

Jodie Wallis, Global Chief Analytics Officer, Outlines How Manulife is Using AI Responsibly C$ unless otherwise stated                                             TSX/NYSE/PSE: MFC     SEHK: 945 TORONTO, May 23, 2025 /PRNewswire/ -- Manulife's Responsible AI Principles were shared during the Reuters Momentum AI Summit in New York last month. These principles guide the design, development, and deployment of Manulife's Artificial Intelligence (AI) solutions, which includes over...