GST Decision Deferred: Insurance Stocks Decline Amid Ambiguity
Shares of insurance companies witnessed a decline of up to 6% in Monday’s intraday trade on the Bombay Stock Exchange (BSE) after the GST Council deferred its decision on revising…
Fake Call Center Busted in Noida: Four Arrested for Large-Scale Insurance Fraud
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…
Pazcare Launches FLEX Platform and Stepathon Challenge to Promote Healthier Workplaces
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 Adopts Snowflake’s AI Data Cloud to Enhance Customer Experience and Product Targeting
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 Unveils Trust Barometer for Non-Life Insurance Sector
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…
The Future of Motor Insurance in India: Trends, Challenges, and Opportunities
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 Insurers Request Zero-Coupon Bonds to Manage Long-Term Risks
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…
Neysa and Data Science Wizards Launch Insurance AI Cloud Platform to Transform India’s Insurance Sector
Neysa, a leading AI Acceleration Cloud System provider, and Data Science Wizards (DSW), a deep-tech AI platform company, have joined forces to launch a cutting-edge Insurance AI Cloud Platform tailored…
Magma HDI Partners with Mahindra Finance to Enhance Insurance Accessibility
Magma HDI General Insurance has entered into a corporate agency agreement with Mahindra Finance, a leading non-banking financial company (NBFC), to offer a wide range of general insurance products. This…
Surprising Revelation: Coconuts Caused 2.2 Times More Accidents Than Drunk Driving in 2024
In an unexpected finding from the 2024 Accident Index released by ACKO, a leading digital insurance provider in India, coconuts have been linked to 2.2 times more road accidents than…