IRDAI pushes insurers to cut costs, improve affordability The Insurance Regulatory and Development Authority of India (IRDAI) has urged insurers to reduce customer acquisition costs and expenses of management (EoM)…
IRDAI clears Allianz Jio Reinsurance, Kiwi General Insurance The Insurance Regulatory and Development Authority of India has approved two new insurance entities—Allianz Jio Reinsurance Limited and Kiwi General Insurance Limited—to…
Global insurer Allianz has highlighted how the combination of artificial intelligence (AI) and human expertise is transforming the insurance sector, improving efficiency, decision-making, and customer experience. According to the report,…
Infosys has announced the acquisition of Stratus, a move aimed at enhancing its capabilities in the insurance technology space and expanding its presence in the global insurance services market. The…
Insurers are facing a widening gap between their artificial intelligence (AI) ambitions and operational realities, as legacy systems, manual processes, and organisational constraints limit the effective deployment of advanced technologies.…
Amid ongoing macroeconomic volatility, climate‑related risks and accelerating technological change, KPMG International’s 2025 Insurance CEO Outlook reveals a sector that remains cautiously optimistic, underpinned by rising confidence in growth, scaled adoption of…
Sarvam, an artificial intelligence startup, has partnered with SBI Life Insurance to deploy AI-driven tools across the insurer’s distribution network, marking a significant step in the integration of advanced technology…
NexTech Summit 2026, India’s largest CIO and enterprise technology leadership conference, concluded successfully at The Leela, Mumbai, bringing together CIOs, CTOs, CISOs, and senior technology decision-makers for a high-impact, closed-door…
Agentic artificial intelligence is emerging as a key capability for strengthening resilience across the insurance industry, as insurers face rising complexity from cyber threats, operational disruptions and evolving customer expectations.…
[caption id="attachment_30138" align="alignleft" width="158"] Sekhar Burra[/caption] India’s insurance industry is undergoing a major transformation, shaped by shifting risk patterns, rising customer expectations, and a more complex regulatory environment. While early…