Police Advise Caution After Victims Lose Up to ₹12 Lakh Each Key Highlights: Noida police uncovered a fake call center in Sector 11 involved in insurance fraud. Four individuals, including…
IRDAI’s Proposed Regulations May Stifle Sector Growth Without Addressing Core Challenges Key Highlights: IRDAI’s potential move to limit dependence on parent banks in bancassurance channels criticized as misdirected. Mis-selling attributed…
Pazcare, India’s leading employee benefits platform, has launched FLEX, a customizable insurance and benefits product aimed at empowering employees with personalized health solutions. In addition, Pazcare has partnered with fitness…
Bajaj Allianz General Insurance Company, one of India’s leading private insurers, has partnered with Snowflake’s AI Data Cloud to transform its data management practices. This collaboration is aimed at enhancing…
PwC India has launched a groundbreaking Trust Barometer for the non-life insurance sector, aimed at helping insurers measure and enhance trust-building practices throughout their business lifecycle. By addressing a long-standing…
India’s motor insurance sector is at a pivotal juncture, with evolving consumer behavior, regulatory initiatives, and technological advancements driving change. While the sector grew 13% in fiscal 2023-24 and continues…
Indian insurance companies are urging the government to introduce zero-coupon bonds as part of a broader effort to diversify investment opportunities and better manage their long-term liabilities. This request was…
Star Health and Allied Insurance Company, headquartered in Chennai, has launched "Super Star," a retail health insurance product aimed primarily at Millennials. This product is designed to offer affordability, flexibility,…
Medical Inflation and Enhanced Coverage Drive Rising Claims Key Highlights: What: Health insurance claims have surged over 30% in the past three years due to higher medical costs and increased…
The average health insurance claim in India has surged by more than 30% in the past three years, primarily due to rising hospital treatment costs and enhanced health cover options…