According to the IRDAI, the broker does not have any right over the...
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IRDAI forms high powered panel under former SBI chief Dinesh Khara to suggest measures for insurance reforms
Dinesh Khara, former chairman, State Bank of India Panel will look...
Aon appoints Jennifer Richards as CEO of Asia Pacific
Jennifer Richards, CEO designate, Asia Pacific, Aon "The Asia...
LIC unveils digital `one man office’ for its sales force
Siddhartha Mohanty, CEO & MD, LIC One Man Office (OMO), offered through the ANANDA (Atma Nirbhar Agents New Business Digital Application) platform, is a mobile digital office at the hands of sales force and an easy-to-use one stop solution for all business and...
Willis and Global Parametrics deliver new parametric solution to coffee farmers in Vietnam
If the rainfall dips below predefined values, the insurance is triggered and the farmers receive timely payouts without the need for lengthy claims processes or on-the-ground assessments Singapore: Willis, a WTW business, and Global Parametrics today announced the...
Bima Vahak’s portal is ready for soft launch in April, says IRDAI
The implementation of Bima Sugam is going as planned and is now ready to be capitalized by Indian insurers, said the IRDAI Hyderabad: The unveiling of of IRDAI’s game changing move Bima Sugam might have been delayed but the portal for Bima Vahak’s, the localised...
IFSCA cancels license of Prowess Insurance Brokers
GIFT City based the IFSCA has cancelled the license granted to Prowess Insurance Brokers Pvt. Ltd. (PIBPL), to operate a Branch office in GIFT IFSC as IFSC Insurance Intermediary Office (IIIO). The action is taken in light of non-compliance with directions...
Govt planning to use AI for identifying mule accounts to check cybercrime: Amit Shah
Amit Shah, Union Home Minister Union Home Minister Amit Shah said efforts are underway to use Artificial Intelligence (AI) for identifying mule accounts, in coordination with the Reserve Bank of India (RBI) and all banks to establish a system for their detection, an...
Aon names Terence Williams Head of Commercial Risk Solutions for Asia Pacific
He previously held several senior roles at Aon including CEO, South Africa, chief broking officer, Sub Sahara Africa, and head of casualty, UK Singapore: Aon plc, second largest international broker, today announced the appointment of Terence Williams as head of...
Puneet Swani to head Aon’s APAC Talent Solutions
Puneet Swani, Head, Talent Solutions for Asia Pacific Swani is an experienced leader specialising in human resources consulting spanning more than twenty-five years. He joins Aon having had a distinguished career at both Hewitt Associates and Mercer, most recently...
Gallagher appoints Ajit Horra as its India CEO
Ajit will lead Gallagher’s 180 strong team, which is headquartered in Mumbai with regional offices in Bengaluru, Bhubaneshwar, Chennai, Delhi, Gurugram, Guwahati, and Kolkata. The team offers a wide range of insurance and risk management services and has expertise in...
Miller continues Asia expansion, enters Korean market
Ron Whyte, Head of Asia at Miller, commented: “Today’s announcement further demonstrates Miller’s commitment to the Asian market, which remains a cornerstone of our ambitious international growth objectives London: Miller, an independent specialist (re)insurance...
McGill offers property war reinsurance for Ukraine
McGill said it had collaborated with local Ukrainian insurer ARX to provide up to $50 million in cover for each commercial property policy, with reinsurance from companies in London, including Lloyd’s of London syndicates Broker McGill and Partners has launched a...