by AIP Online Bureau | May 14, 2025 | Health, Indian News, Intermediaries, Life, Non-Life, Regulation
It has secured regulatory approval to operate as a corporate agent and will soon begin distributing Health, Life, and General Insurance products on its platform for its customers, said Apollo HealthCo CEO Madhivanan Balakrishnan. All plans will be bundled with...
by AIP Online Bureau | Dec 12, 2024 | Banking & Bancassurance, Indian News, Intermediaries, Regulation
In some cases, parent banks of insurers are selling over three-fourths of the policy, the official, who did not wish to be identified, told reporters in Mumbai Mumbai: Insurance industry watchdog Irdai wants insurers to diversify their distribution channels and may...
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...
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...
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...
