Browsing: Insurance

PhonePe recently announced a partnership with Star Health and Allied Insurance Company Ltd. (Star Health Insurance), to offer customers health…

The general insurer in the release said, “Ramit brings to the table a wealth of experience in sales, spanning an impressive experience of 25 years and over a decade of which was devoted to Future Generali and prior to his tenure at FGII, he held pivotal roles at TATA AIG, Godrej and Boyce and Daewoo Anchor Electronics.”

Vishal Gupta, CEO of PhonePe Insurance said, “PhonePe’s innovative approach and customer-centric solutions have played a pivotal role in reshaping the landscape of the digital insurance space. True to its ethos of positive disruption, PhonePe is revolutionizing the insurance buying experience in India. Our monthly premium plan for health insurance is another step in our commitment to providing innovative, customer-friendly solutions that truly address the needs of the modern Indian consumer. “

This partnership will enable both HDFC Life and Karur Vysya Bank to offer superior life insurance products and services to their customers at scale

Kotak Mahindra Bank and Kotak Mahindra General Insurance Company have entered into definitive agreements with Zurich Insurance Company Ltd, whereby Zurich will invest approximately ₹4,051 crore to acquire a 51% stake in Kotak General Insurance, the private sector lender said in a release.

Bridging the gap between insurers and intermediaries, Alwrite offers an all-in-one quote procurement and placement, underwriting and user management, along with knowledge and risk management solutions to ease the process and increase insurance penetration.

Sriram Iyer – Chief Executive Officer, HDFC Pension said, “This is a very proud moment for us. We are delighted to have crossed this milestone of Rs. 50,000 cr. AUM and this validates our strong presence. This achievement becomes even more significant as we complete ten (10) years of business this year. This milestone is a reflection of the trust placed in our organization by our esteemed subscribers. We would like to thank our subscribers, Corporate partners, Points of Presence (POPs) and distributors for the confidence and trust they have shown in us and their support that has enabled the Company to grow over the years.”

Capital Small Finance Bank and Max Life Insurance have announced their partnership to offer life insurance offerings to Capital SFB’s…

Sandeep Goradia, Chief – Corporate Solutions of ICICI Lombard, said, “We are delighted to announce our collaboration with Chqbook in their vision of offering financial protection to India’s thriving, yet vulnerable population of shop owners and merchants. As a significant contributor to our economy, this highly adaptable customer segment can often find themselves with a lack of options when it comes to risk management.”

 Pulak Sarmah, Senior VP and Head – Marketing, Kotak Mahindra General Insurance, said, “At KGI, we continue to explore various technology platforms to shape superior experience for our customers. In a sector where customer experience takes priority over product features, we aim to fulfil these expectations and even set some new benchmarks for the industry.”