Insurance

Hyderabad, May 19, 2020: Future Generali India Insurance Company Limited (FGII), the general insurance arm of the joint venture between retail game-changers Future Group and global insurer Generali, has settled INR 276 crores of Pradhan Mantri Fasal Bima Yojana (PMFBY) claims during the lockdown period. The company has paid PMFBY claims in districts of Karnataka (Belagavi, Chamrajnagar, Bagalkote,...

Mumbai, May 11, 2020: Staying ahead of the curve and in response this pandemic situation, Future Generali India Life Insurance Co. Ltd (FGILI) launched ‘Project BOLT’ for their existing customers who wish to further secure their lives and take another policy with the company. As social distancing becomes the norm and more customers would prefer to have minimum contact...

Mumbai: Future Generali India Life Insurance Co. Ltd (FGILI) has launched ‘Project BOLT’ for their existing customers who wish to further secure their lives and take another policy with the company. As social distancing becomes the norm and more customers would prefer to have minimum contact or contactless engagement while making a purchase. Also, customers would be wary...

 HDFCL: HDFCL reported APE decline of 39.8% yoy in Apr’20 to Rs2.4bn. Retail APE at Rs1.9bn was down by 28.6% yoy. Total NBP at Rs6.7bn was down by 53% yoy. Retail NBP was down by 35% yoy to Rs2.7bn.  IPRU: IPRU reported APE decline of 61.2% yoy to Rs1.8bn in Apr’20. Retail APE at Rs1.5bn decreased...

Hyderabad, May 8, 2020: Recently, SBI General Insurance launched the standard health insurance policy – Arogya Sanjeevani Health Insurance Policy SBI General Insurance. The policy provides hospitalisation cover anywhere in India with sums insured ranging from Rs. 1 lakh to Rs. 5 lakhs. Pushan Mahapatra, MD & CEO, SBI General Insurance said, “The introduction of Arogya Sanjeevani is...

SBI General Insurance launched the standard health insurance policy - Arogya Sanjeevani Health Insurance Policy SBI General Insurance. The policy provides hospitalisation cover anywhere in India with sums insured ranging from Rs. 1 lakh to Rs. 5 lakhs. Pushan Mahapatra, MD & CEO, SBI General Insurance Pushan Mahapatra, MD & CEO, SBI General Insurance said, "The introduction of Arogya...

image courtesy : freepik.com Each business has to go through transformations as the years pass by. Due to the advancement in the technology and Internet of Things, adapting to these changes is the only way a business can thrive in today’s world. The same applies to the insurance industry. Since the largest working population in India are millennials,...

Aegon Life Insurance, pioneer of digital insurance in India, today announced the appointment of Sunita Rath as Chief People Officer (CPO) to lead the company’s human resource and talent management function and to drive organizational leadership and culture, effective February 07, 2020. In the new role, Rath will oversee strategy and processes related to building and retaining talent, including reskilling and...

InstantPay, one of India’s largest inclusive and neo Banking platform, has entered into a strategic partnership with Kotak Mahindra Life Insurance Company Limited to reach out to the billion uninsured and underbanked population of India, including the urban migrant. This alliance will not only bring insurance to the first time consumers but will also digitally empower the semi-urban...

The first phase saw the short-listing of 8 start-ups from over 100 participants The second phase launched to scout for start-ups across 4 use cases Mumbai, December 4, 2019: HDFC Life, one of Indias leading private life insurance companies has been at the forefront when it comes to technology. In June 2019, HDFC Life...