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Universal Sompo General Insurance ties up with AP Grameena Bank
Universal Sompo General Insurance Company has entered into a...
Ageas Federal Life and CSB Bank forge partnership
Ageas Federal Life Insurance, has announced a strategic SME...
ACKO launches ambulance-booking feature on App
In partnership with Red Health, ACKO, the tech-first insurer, has added a unique feature of booking an ambulance on its mobile app. The feature is currently available in Bangalore, and will go live in Delhi, Mumbai, Chennai, Hyderabad, and Kolkata in coming weeks. The...
ICICI Prudential Life launches ULIP, links distributor remuneration to fund value performance
ICICI Prudential Life Insurance on Monday said it has come out with its first unit-linked product which aligns distributor payouts to their customers' fund value. Customers can choose from an array of 21 funds under this product, comprising 13 equity and four each in...
BMS launches new global healthcare division with Rob Wendin to lead
BMS, the independent specialist insurance and reinsurance broker, today announces the launch of its new global healthcare liability division with Rob Wendin as managing director. The new division will provide solutions and guidance to healthcare providers and their...
ICICI Pru Life gets GST and penalty notices for over Rs 855 crore from several states
ICICI Prudential Life Insurance has received a GST and penalty order of over Rs 855 crore from tax departments of several states including Maharashtra, Bihar, West Bengal, Delhi, the company informed the exchanges on Tuesday. The insurer has received the highest...
Tarun Bajaj appointed as independent director at Bajaj Finance
Tarun Bajaj, former revenue secretary, ministry of finance, has been appointed as an independent directors of Bajaj Finance, a subsidiary of Bajaj Finserv, the holding company of Bajaj Allianz General Insurance and Bajaj Allianz Life Insurance. He has spent over 34...
GIPSA notifies postings of 16 new GMs
The GIPSA, the coordinating body for the six PSU general insurance companies including GIC Re and Agriculture Insurance Company(AIC) have notified all 16 appointments of newly selected general mangers,Chndra S Iyer from GIC Re has been appointed as one of general...
Tata AIA crosses Rs 1 lakh cr AUM
Tata AIA Life Insurance has crossed Rs. 1 lakh cr in assets under management (AUM). In less than three years, the Company has doubled its AUM from Rs. 50,000 crore (Aug’21) to Rs. 1,00,000 crore. This increase has been fuelled by strong growth in Individual New...
Tata AIA Life Insurance chooses SAS for IFRS 17
Tata AIA Life Insurance Company has chosen SAS, a leader in AI and analytics, to help the insurance company in its adoption of the Indian equivalent of IFRS 17 reporting standards. SAS will collaborate with Tata AIA Life Insurance to address the reporting requirements...
ICICI Lombard partners Policybazaar to sell its products
ICICI Lombard General Insurance has partnered with Policybazaar to distribute its product the insurance platform . The collaboration encompasses access to nearly 10 million customers with a wide range of insurance products, including motor insurance, health insurance,...
Bajaj Allianz Life provides prm payment options on WhatsApp
To leverage this popularity and offer ultimate convenience, Bajaj Allianz Life has upgraded its premium payment services via WhatsApp, enabling customers to seamlessly manage their policies and payments all in one place. Customers can effortlessly pay their premiums...