Express Group acquires insurance web aggregator My Insurance Club
The Indian Express Group announced its entry into insurance web aggregation space by acquiring 100 per cent stake in My Insurance Club. While the deal was signed earlier this year,…
General insurance business in India to contract by 9% in 2020 due to COVID-19, says GlobalData
General insurance business in India is expected to contract by 9% in 2020 due to COVID-19, a sharp decline from the 10% growth witnessed in 2019, according to GlobalData, a…
Tata AIG General Insurance Co. Ltd. offers insurance service via WhatsApp
Mumbai, September 2, 2020: Tata AIG General Insurance Company Limited, one of the most preferred general insurance company has launched TATA AIG Tara, an insurance service through WhatsApp. With the…
India’s general insurance business may grow 4% in the year 2020
General insurance industry in India is projected to grow 4% in 2020, compared with a 10% growth in the previous year, according to GlobalData, a London-based data and analytics company.…
Future Generali India Life Insurance company develops digital delivery platform for insurance agents
Future Generali India Life Insurance Company has developed a 360-degree digital delivery platform for its agents to carry out their everyday business activities without having to move out of their…
Edelweiss General Insurance launches driver-based Motor Insurance
Under the IRDAI's Regulatory Sandbox, Edelweiss General Insurance, has launched an innovative app-based Motor OD floater policy named as Edelweiss SWITCH. This driver-based motor insurance policy not only allows vehicle…
Merger of PSU general insurers on back burner due to Covid-19
The Centre's plan to merge the three PSU general insurers has been put on hold.According to sources, preparations for the merger have taken a back seat in the past two…
SN Rajeswari appointed as new CMD of Oriental Insurance
SN Rajeswari, General Manager, New India Assurance (NIA), has been selected by the Banks Board Bureau (BBB) as the Chairman and MD of Oriental Insurance Company after an online video…
General insurance industry will witness slow growth in Q1: Care Ratings
General insurance industry in India is set to witness slow growth during the first quarter of the current fiscal due to Covid-19 lockdown, credit rating agency Care Ratings said. In…
Acko joins hands with HDB Financial Services
Acko general insurance has recently partnered with HDB financial service in order to provide insurance products. The insurance products range from protection against vector borne disease and loan protector to…