The bill provides that the IRDAI may in the interest of the...
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Intermediaries
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Black Sea shipping insurance rates rise after Ukraine attacks tankers
War risk rates for a typical seven-day voyage period, which are set...
Blackstone owned Ace Insurance Brokers make 3 sr level appointments
Blackstone owned Ace Insurance Brokers has made three senior level...
Indian regulators seek to crack down on potential fraud in financial sector
While Indian banks have boosted spending on technology to detect potential money laundering and prevent fraud, the cases are rising. The number of reported frauds of more than 100,000 rupees ($1,205) rose 68 per cent to more than 14,000 from April to September last...
Howden India is now Great Place To Work certified
Howden Insurance Brokers India has been Great Place To Work® Certified™ in India from Febuary,2024 to Febraury,2025! “The certification serves as a testament to our ongoing efforts in promoting a culture of collaboration, innovation, and employee satisfaction. It not...
Bajaj Allianz Life, Satin Creditcare and Coverfox collaborate to boost rural financial inclusion
Bajaj Allianz Life, and Satin Creditcare Network , a non-banking finance company - Micro Finance Institution (NBFC - MFI), announced their strategic partnership with insurance broker Coverfox, to improve financial inclusion in rural India. Now customers of Satin...
Policybazaar Insurance Brokers gets reinsurance license
Policybazaar Insurance Brokers (Policybazaar), PB Fintech’s wholly-owned subsidiary, has received the nod from the IRDAI ) to upgrade its license from a direct insurance broker to a composite insurance broker. A composite insurance broker can also intermediate...
South Africa’s President will sign health insurance bill into law for providing universal health coverage
South Africa’s President Cyril Ramaphosa The law aims to provide healthcare to millions of poorer citizens in a major overhaul of a two-tier system, which still reflects deep racial and social inequalities three decades after the end of white minority rule South...
Government establishes committee to develop regulations on the problem of unwanted phone calls
The sole objective of Trai DLT(Distributed Ledger Technology) regulations is to bring transparency to the system, counter the menace of SMS spam and protect consumers from fraudulent practices New Delhi: The government on Thursday said it has formed a committee to...
Gallagher appoints Sneha Gokarn as its new CEO for India
Sneha Gokarn, CEO and principal officer of Gallagher, India ``Sneha, who has been a board member and executive director of our business a number of years has extensive experience in both the Indian insurance market and Gallagher, and we are delighted Sneha will be...
Mahindra Finance & IBM collaborate to drive financial inclusion with Super App
This app will be housing Mahindra Finance’s various vehicle and non-vehicle lending businesses, including personal loans, enterprise loans, mortgage loans, leasing solutions, payments, fixed deposits, insurance solutions, and other investment & wealth management...
Regularly monitoring compliances of intermediaries with new IT rules: MoS IT
Rajeev Chandrasekhar,Minister of State for Electronics and IT “Intermediaries should take additional measures to not permit any advertisements of illegal loan and betting apps. Intermediaries have been warned that non-compliance will lead to losing exemption from...
Howden appoints David Shalders as its Group Chief Operating Officer
International broker Howden has appointed David Shalders as its Group Chief Operating Officer. With 30 years' experience, Shalders joins Howden from LSEG (London Stock Exchange Group), where he currently holds the role of Chief Operating Officer and Head of Integration.