Browsing: Insurance

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.”

IIFL Group’s early-stage investment vehicle – IIFL Fintech Fund – has invested an undisclosed amount in insurance-technology platform Insurance Samadhan,…

This partnership would enable diverse customers of AU Small Finance Bank to access the entire range of life insurance products offered by HDFC Life.

Kotak Mahindra General Insurance (Kotak General Insurance) recently announced the launch of its add-on Meter (switch-on/switch-off) cover with Private Car insurance policy. The insurer said it became India’s first company to offer a cashback via an add-on for private car insurance policy. 

Federal Bank, recently announced an extension of its partnership with Ageas Federal Life Insurance by offering Group Credit Shield for Federal Bank’s Credit Card holders. Group Credit Shield a cover that equals the credit limit, up to a maximum of Rs. 3 Lakh for a term of 1 year.

The regulator in a statement said, “To promote efficiency in the conduct of insurance business and provide for appropriate framework for electronic mode of solicitation and servicing of insurance policies, the current regulations on issuance of e-Insurance policies have been reviewed.” 

GOOQii tied-up with Kotak Mahindra Life Insurance and Kotak Mahindra General Insurance to offer life and health insurance to its…