100% FDI in insurance intermediaries
The government has proposed a 100% foreign direct investment (FDI) in the insurance intermediaries, i.e., broking farms from the present level of 49% in the Budget. Meanwhile, the government has…
Bajaj Allianz General Insurance restructures home insurance product
Adding new and unique features to cater to the needs of the customers, Bajaj Allianz General Insurance has revamped its home insurance product. The revised ‘My Home – All Risk…
Insurers hold over Rs. 32,000 cr as unclaimed deposits
As per information presented by government, more than Rs. 32,000 crore is lying as unclaimed deposits with banks and insurance companies. Any account which has not been operated for 10…
ICICI Lombard to bring sachet-size insurance products
Seeing the success of sachet products in the FMCG sector, ICICI Lombard General Insurance is planning to introduce small-ticket insurance products and is working with e-commerce players, wallet companies, payments…
Seminar on Debtors and Industry Protection Through Insurance – Need of MSME Sector 30 July 2019, PHD House, New Delhi
Insurance Foundation of India in association with PHD Chamber of Commerce & Industry is organising a Seminar on “Debtors and Industry Protection Through Insurance - Need of MSME Sector", on Tuesday, 30 July, 2019…
Full Day Training Programme On “Artificial Intelligence in Insurance Industry” In New Delhi on Monday, 19 August 2019
Insurance Foundation of India has announced Full Day Training Programme on “Artificial Intelligence in Insurance Industry” which is to be held on Monday, 19 Aug, 2019 in New Delhi. IFI…
Bajaj Allianz joins hands with Citibank for product distribution
Bajaj Allianz has entered into a partnership with Citibank to expand its distribution of its insurance products, such as health, personal accident, motor, home, and travel, along with commercial line…
6 PE shortlisted to acquire stake in SBI General Insurance
Six private equity firms including Singapore sovereign wealth fund GIC have been shortlisted to buy a 26% stake in SBI General Insurance Company Ltd, as per the information from source.…
Mr Deepak Godbole appointed as Secretary General of Insurance Institute of India
Mr Deepak Godbole has been appointed as Secretary General of Insurance Institute of India. Prior to joining Insurance Institute of India he was General Manager at GIC Re. A post…
Drivers using mobile likely meet accident 4 times more, says WHO
Drivers, who use mobile phones during driving, are likely to meet with accident four times more, as stated by World Health Organization. Using mobile phones on roads poses a much…