Business News
Health Insurance for Parents: Why Waiting Could Cost You More Than You Think
Many financial decisions can be postponed without major consequences. Health insurance for parents is often not one of them.
Insurance
Business News
US Insurers to More than Double AI Investment in the Next 3-5 Years: Wipro Report
Looking into the future, insurers expect AI to transform underwriting, with 68 per cent indicating that it will bring enhanced risk assessment accuracy and cost savings
Business News
Don’t Fall for These Myths About Buying Third-Party Car Insurance Online
In this article, we debunk some of the most common myths surrounding the purchase of third-party car insurance online, helping you make better-informed choices.
Business News
Regulatory Initiatives That Made 2024 a Consumer-Centric Year for Insurance
In 2024, we didn't just make incremental changes; we took bold, purposeful steps to make insurance more inclusive, accessible, and transparent. At the heart of these reforms was a clear focus on addressing the 3Ds—death, disease, and disability through 3As—awareness, affordability, and accessibility. Let's take a closer look at the initiatives that defined this transformative year for the insurance industry.
Business News
Why Getting Health Insurance Early is a Smart Financial Move?
Having a health insurance plan at an early age is financially rewarding because it attracts lower premium charges, wider coverage benefits and easier approvals. They let you stack Claim Bonuses, claim tax benefits, and defend against increasingly popular lifestyle diseases.
By Anita Pandey
Business News
Cedar-IBSi Capital Eyes to Back 10 to 15 Startups in BFSI Sector
The fund primarily aims to target early-stage startups in the BFSI sector (banking, financial services, and insurance), investing in seed to Series A rounds.
Business News
The Innovative Insurer: Ruchi Deepak, Co- Founder, Acko Insurance and Founder & CEO, Airloom
Ruchi believes that despite being perceived as dull and redundant, insurance is actually one of the most relevant financial products. In 2023, Ruchi took another shot at entrepreneurship by launching Airloom, which is boostrapped as of now with Jolene as flagship brand
By Priya Kapoor
Business News
Onsurity Raises $24 million in Series B Funding Round
Insurtech platform Onsurity has raised $24 million in a Series B funding round which was led by International Finance Corporation (IFC).
Starting a Business
IRDAI Approves Go Digital Life Insurance To Start A Business
A certificate of registration has been granted by the Insurance Regulatory and Development Authority of India to Go Digital Insurance to start a business in India.
By Kavya Pillai
Business News
InsuranceDekho Acquires Network Of Insurance Freelancers IRSS
The new team is aligned with the vision of InsuranceDekho to democratize insurance buying and selling across India and insure every Indian
By Teena Jose
Business News
Empowering and Insuring Citizens
The startup in February raised its Series A round worth $150 million, making it the largest ever Series A funding by an insuretech in the country and holds consumer, partner and team centricity at the highest level.
Business News
Finance Maverick: Supriya Rathi
In the initial stages she formed a core team that was a hybrid of experienced peers from public sector general insurance companies as well as young professionals.
Business News
Government May Infuse More Capital In General Insurance Companies: Official
The government last year reportedly provided INR 5,000 crore capital to three insurers --National Insurance Company Limited, Oriental Insurance Company Limited and United India Insurance Company
By Teena Jose
Business News
SecureNow Builds a Unique Segmented Distribution Approach In Insurance Sector
On the changes in customers' behaviour especially during the post-pandemic, co-founder Kapil Mehta highlighted that the demand for the health insurance has significantly increased in the post-pandemic era
By Teena Jose
Business News
What to Expect from the Insurance Sector in 2023?
The innovation in products has moved solutions from being a one-size-fits-all approach to a more personalized one. Pay-as-you-go insurance allows you to switch your car insurance on or off as needed
Business News
Insurance Industry Needs Capital Infusion Of INR 50,000 Crore, Says Debasish Panda
The IRDAI chief said that the target is to double penetration in the next five years, and added that it is possible to insure all by 2047
By Teena Jose
Business News
7 Things To Expect From Term Insurance Plans
In the last few years, the demand for term insurance plans has picked up and it's likely to increase more
By Rakesh Goyal
Business News
The Growing Importance Of D&O Policy In Today’s Corporate Climate
Directors' and officers' liability Insurance is an insurance policy that pays the directors and officers, or to the organization itself, several costs such as legal costs, public relation costs, etc
By Tarun Mathur
Business News
Go Digit General Insurance, SAT Confirms IRDAI Order
According to the order, if any person who wishes to carry on insurance business can do so provided that the person gets a registration of a particular class of insurance business under Section 3 of the Insurance Act read with Clause 4 of the Regulations of 200
By Teena Jose
Business News
More Than 50 Per Cent Of Vehicles Remains Uninsured, Says IRDAI Chief
Debasish Panda also asked the insurance students to come up with the innovative and tech-enabled ways in which India can cover up the 83 per cent protection gap
By Teena Jose
Business News
HealthAssure Raises INR 500 Million In Pre-Series B Funding
The fund raised will be used to enhance the product, strengthen distribution, sharpen their OPD insurance network and invest in futuristic primary healthcare technology
By Teena Jose
Business News
Why To Have Multiple Nominees In Your Term Plan
Nominees could be any family member/members such as a mother, father, son, daughter, or spouse; in a few cases, it could also be your aunt, uncle or nephew/niece
By Rakesh Goyal
Business News
MetaMorphoSys Raises INR 23 Crore In Seed Funding
The fund raised will be used to further innovate the SaaS based digital insurance platform, expand the product and sales team to other geographies and invest in out of box legacy integrations
By Teena Jose
Business News
Pazcare Raises $8.2 Million From Jafco Asia
The fresh fund will be used to strengthen and expand the product line and growth of the business
By Teena Jose
Business News
Insurance Advisory Platform Turtlemint Raise $120M Funding In Series E Round
The company plans to invest the freshly acquired funds to scale its leadership team, strengthen its product stack and expand to new geographies
Business News
The Efficient Wealth Administrator
The company also offers markets and portfolio interactions as well as hand holding through market volatility and 12X7 phone support single-click redemptions optimized for tax through a proprietary algorithm: Atul Shinghal, co-founder and CEO, Scripbox
Business News
Bridging The Gap In Insurance
For Turtlemint, insurance is an important risk mitigation tool. The company is empowering advisors with a set of digital tools and training materials