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Edme Insurance Brokers appoints Nitin Firke as MD, Reinsurance
Edme Insurance Brokers has appointed Nitin Firke as managing...
ICICI Lombard and AWS enable seamless business continuity with automated Disaster Recovery solution
ICICI Lombard in collaboration with Amazon Web Services (AWS), has...
Govt clears appointments of 5 EDs in PSU general insurance cos
The government on Tuesday has cleared the appointments of five executive directors(EDs) in different PSU general re/insurance companies. Anjana Saxena and Amandeep Singh Grover have been posted as EDs in Oriental Insurance Company, Jayashri Balkrishna in GIC-Re,...
Shriram Life Insurance signs bancassurance deal with ESAF Small Finance Bank
Shriram Life Insurance Company (SLIC) has partnered with ESAF Small Finance Bank as a corporate agent to expand the reach of life insurance products to the underserved segments across India. The bank has 788 branches, 713 ATMs, and 1,095 customer service centres...
Go Digit General Insurance gets Bombay HC relief on GST demand
After ICICI Lombard General Insurance, the Bombay High Court has set aside a Rs 170.29 crore GST demand against Prem Watsa invested Go Digit General Insurance and ordered the tax department to reconsider the case. An assessment was raised by the Chennai South GST...
Maharashtra to come up with separate law for gig workers
Maharashtra Labour Minister Akash Fundkar on Tuesday said 'gig workers' or those who work for online 'platforms' or companies such as Zomato need social security, and the state government will come up with a law for them. Speaking in the legislative council, Fundkar...
IndiaFirst Life’s corporate agency partnership with Northern Arc Capital
IndiaFirst Life Insurance Company (IndiaFirst Life) has announced a strategic corporate agency partnership with Northern Arc Capital Ltd. (Northern Arc), a leading diversified financial services platform. Under this agreement, Northern Arc will distribute IndiaFirst...
LIC launches a new product- Nav Jeevan Shree
Life Insurance Corporation has launched a new product Nav Jeevan Shree, a non-par, non-linked, individual, savings plan. It a has a minimum term of five years and a maximum term of 20 years. It will be available from Friday.
SBI General announces awareness campaign for Kharif 2025
SBI General Insurance has launched its ‘Crop Insurance Week’ awareness campaign in the implementing states for Kharif 2025 season. This week-long initiative aims to educate farmers about the benefits of Crop insurance and promote enrollment under the Pradhan Mantri...
Fairfax appoints Amitabh Kant as a senior advisor
Canadian billionaire Prem Watsa's company Fairfax Financial Holdings Limited on Friday said it has appointed former NITI Aayog CEO Amitabh Kant as a senior advisor. Go Digit, backed by Fairfax, has a general insurance company, a life insurance company and a...
Canara HSBC Life signs Jasprit Bumrah and Sanjana Ganesan as brand ambassadors
In a move that reinforces its purpose-driven brand narrative, Canara HSBC Life Insurance has roped in fast-bowling spearhead Jasprit Bumrah and sports presenter, Sanjana Ganesan as brand ambassadors. This partnership brings to life the brand's core philosophy of being...
LIC relaxes claim settlement process of Air India plane crash victims
Life Insurance Corporation of India (LIC) on Friday said it has relaxed its claim settlement process for Air India plane crash victims in Ahmedabad and also expedite the process. "LIC has announced many concessions to mitigate the hardships of the claimants of LIC...