The government notified that Sabki Raksha (Amendment of Insurance...
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Axis Max Life Insurance join hands with Muthoot Microfin
Axis Max Life Insurance has entered into a strategic partnership...
IRDA imposes Rs 1cr fine on Wealthkart Insurance Broking
The IRDA, on Jan 22, has imposed a fine of Rs 1 crore on Wealthkart...
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...
Riskcovry launches first Model Context Protocol server as a distribution platform
Riskcovry, an insurtech infrastructure platform, has launched the country’s first Model Context Protocol (MCP) server for India's insurance sector. A dedicated infrastructure designed specifically for insurance distribution use cases, the MCP server allows...
Liberty General to pay motor damage claims due to Operation Sindoor
In the aftermath of the recent cross-border shelling during Operation Sindoor, Liberty General Insurance has become one of the first insurers to offer on-ground support and approve ex-gratia settlements for vehicle damage—even though such events fall under standard...
Insurance SaaS platform Heph partners with Capri Global for distribution
Heph, India's largest Insurance SaaS Platform and a Girnar Finserv Entity has announced its partnership with Capri Global Capital known by the brand name Capri Loans, one of the Indian NBFCs. Capri has chosen Heph as its technology partner owing to its comprehensive...
Bharti AXA Life Insurance launches ‘BIMA BHARTI’ apprenticeship program
Bharti AXA Life has rolled out its flagship nationwide apprenticeship initiative – BIMA BHARTI – under the Government of India’s National Apprenticeship Training Scheme (NATS). The program aims to empower the youth and women by onboarding 800 apprentices in roles...
SBM Bank, ICICI Prudential Life forge bancassurance alliance
SBM Bank India and ICICI Prudential Life Insurance Company have entered into a bancassurance partnership to offer an array of life insurance products to the bank's customers. This tie-up will enable the bank to cater to its customers a diverse set of solutions ranging...
LIC nominee director Raj Kumar ceases to hold IDBI board seat
IDBI Bank on Monday said LIC Nominee Director Raj Kumar has ceased to hold the board seat with effect from May 18. "Raj Kumar has ceased to be LIC Nominee Director on the Board of IDBI Bank Limited with effect from May 18, 2025 on completion of his term," IDBI Bank...
HDFC ERGO General elevates Parthanil Ghosh as its executive director
HDFC ERGO General Insurance has promoted Parthanil Ghosh as an executive director and chief business officer of the company, with effect from 1st May 2025, subject to approval by the Insurance Regulatory and Development Authority of India (IRDAI) and other requisite...