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WTW to sell insurance distribution unit to public-equity firm for $632.4 million

by AIP Online Bureau | Oct 1, 2024 | Health, Intermediaries, International News, Non-Life

“With the sale of Tranzact, we are exiting this direct-to-consumer market and accelerating our progress toward our long-term free cash flow margin goals,” WTW CEO Carl Hess said Willis Tower Watson said Tuesday it would sell its direct-to-consumer insurance...
S Tripathy appointed as member, Distribution, IRDAI

S Tripathy appointed as member, Distribution, IRDAI

by AIP Online Bureau | May 20, 2024 | Indian News, Non-Life, Regulation

Satyajit Tripathy, member, Distribution,IRDAI Meanwhile, another post of member(Non-life), IRDAI, will fall vacant after incumbent Thomas M Devasia retires on July 12, after completing his 22-month tenure at the insurance regulator New Delhi: The government has...

RK Sinha given additional charge of member, Distribution at IRDAI

by AIP Online Bureau | Mar 11, 2024 | Briefs, Intermediaries, Regulation

Rajay K Sinha, member, Finance, IRDAI, has been given additional charge of Distribution portfolio after SN Rajeswari retired from the post at Hyderabad based insurance regulator. The Financial Sector Regulatory Appointment Search Committee (FSRASC), headed by cabinet...
Govt shortlists 4 candidates for selecting IRDAI’s Member, Distribution

Govt shortlists 4 candidates for selecting IRDAI’s Member, Distribution

by AIP Online Bureau | Feb 22, 2024 | Indian News, Intermediaries, Life, Non-Life, Policy, Regulation

Out of many applicants, who had applied for the job, the Ministry of Finance, has shortlisted the names of Satyajit Tripathy, CMD, United India Insurance, Randip Singh Jagpal, executive director, IRDAI, LK Shyamsunder, zonal manager, South Central Zone, Life Insurance...
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