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Jio Insurance Broking earns Rs 347 cr in premiums, issues 2.9 lakh policies in Q2FY26
Jio Insurance Broking, part of Jio Financials owned by Reliance...
Soteria Surveyors & Loss Adjusters enters associate agreement with Charles Taylor Marine Technical Services in Qatar and India
The associateship will ensure a rapid, consistent and expert...
US re/insurance broker Lockton sets up operation in India
Sources point out that some of the employees of Aditya Birla Insurance Brokers, whose acquisition by a private equity fund -Samara Capital- has not been approved by the Indian insurance regulator IRDAI yet, have also joined Lockton’s India operation Singapore: US...
US regulator grounds Boeing 737 MAX 9 airplanes indefinitely, cancelling flights until Tuesday
Under more stringent supervision, the regulator will audit the Boeing 737 MAX 9 production line and suppliers and consider having an independent entity take over from Boeing certain aspects of certifying the safety of new aircraft that the FAA previously assigned to...
EaseMyTrip ventures into insurance sector with a broking subsidiary
Online travel booking platform EaseMyTrip.com on Wednesday announced venturing into the insurance sector with the launch of its subsidiary EaseMyTrip Insurance Broker Pvt Ltd. The new venture is expected to solidify EaseMyTrip's position in the industry and cater to a...
Medi Assist sets Rs 397-418 price band for its Rs 1,172 crore IPO, to open on Jan 15
Those selling shares in the offer for sale include Vikram Jit Singh Chhatwal, Medimatter Health Management, Bessemer India Capital Holdings II Ltd, Bessemer Health Capital LLC, and Investcorp Private Equity Fund Mumbai: Medi Assist Healthcare Services, the Bessemer...
Indian Dental Association and CoverYou enters into a strategic partnership
Insurance broker CoverYou has entered into a partnership with Indian Dental Association (IDA), representing more than 75,000 dental professionals in 33 states with 450 local branches, to offer a wide range of insurance products designed to safeguard their professional...
SAT upholds Irdai’s decision to cancel TPA E-Meditek’s license
The Irdai order lists 13 charges against E-Meditek. These charges are with respect to empanelment of fake hospitals and payment of claims pertaining to these hospitals, payments and servicing of fictitious and fraudulent insurance claims, unexplained dealing in cash...
Ebix files for Chapter 11 Bankruptcy, company’s nearly 200 non-US affiliates not included
Ebix has a tie-up with India's BSE for an insurance broking company, BSE Ebix Insurance Broking Private Limited. Ebix holds 40 per cent in the broking unit Insurance software firm and short seller target Ebix Inc. promoted by Indian-American Robin Raina-led technology...
Bima Sugam: Insurers select E&Y as a consultant, new company and CEO soon to implement the project
Going by the earlier plans, Bima Sugam, built with a budget of Rs 200 crore,will be a centralised marketplace and a one-stop-shop for all insurance-related queries, including policy purchase, claim settlement, insurance advice and grievance redressal New...
LIC to play key role in achieving ‘Insurance For All by 2047, to launch a product for rural areas: Chairman
Siddhartha Mohanty,Chairman,LIC ''The focus would be how to cover maximum rural masses who actually need insurance. In coming days, rural share will also go up to our total business kitty.'Customers need not come to the office. Sitting at home on his mobile he can...
GIC reaches agreement to buyout Cinven’s stake in Miller
``This further investment in Miller is consistent with GIC’s strategy of developing long-term relationships with our portfolio companies and targeting the highest quality businesses. The defensive nature and strong market dynamics of the (re)insurance market, coupled...