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Max India to Sell Its 51% Stake in Max Bupa, but Policyholders Need Not Worry
The Insurance Regulatory and Development Authority of India has approved the sale of Max India’s 51% stake in Max Bupa to a private equity firm named True North. Read the full news here.
MobiKwik and Aditya Birla Insurance Partner to Offer Affordable Plans
MobiKwik, a digital payments firm has entered into a partnership with Aditya Birla Health Insurance Company (ABHICL), to offer affordable health insurance plans to the customers.
Bajaj Allianz Introduces Interactive Mobile Ad Using Real-Time Weather API and AR
Bajaj Allianz has launched an Interactive Mobile Ad which is created through a collaboration between Logicserve Digital and mCanvas. Read the full news here to know more about the ad.
Centre to Quicken Merger of 3 PSU Insurance Companies Merger
The centre is fastening its working towards the merger of 3 PSU Insurance companies, viz. Oriental Insurance, United India, and National Insurance. Read the full news here.
Religare Health Insurance to Take AI's Help in Growing Business
Religare Health Insurance is all set to become a part of the transformation of the industry which is going to take place due to advanced technological capabilities and modified customer behaviour. Read here.
SBI's JV Partner IAG to Sell Stake in SBIGI To Premji Invest, Warburg Pincus
State Bank of India said that its JV partner IAG will sell entire 26% stake in SBIGI to Napean Opportunities and WP Honey Wheat Investment. Read the full news here.
Valuables Not Safe Even in Bank Lockers?
Reserve Bank of India has stated that banks are not liable for loss of valuables in lockers. This means that even in cases of robbery, sudden fire, etc. banks are not liable to compensate the customers. Read news here.
Secure Your Special Day with a Wedding Insurance Policy
Wedding insurance will not only compensate you in case of misfortune like marriage cancellation, accompanied losses, fire, hospitalisation, etc. but will also cover death and other emergencies. Read the news here.
India Planning to Buy First Insurance Policy for Satellite
ISRO is planning to purchase an insurance policy for a satellite, for the first time since it began launching satellites in the year 1975. Read the full news here.
Tejas Express Compensates the Passengers for Train Delay
Tejas Express which runs between Lucknow and New Delhi has compensated the passengers for train delay for the first time. Read the full news here to know the claim process in detail.
Private Hospitals Annoyed Over Unpaid Dues, Threaten to Stop Cashless Services
The association of private hospitals is threatening to stop the cashless hospitalisation benefit under CGHS and ECHS due to the delay they are facing in reimbursement of previous bills. Read here.
Less Health Insurance Premiums for Those Keeping Themselves Fit?
If you are not conscious of preventive healthcare, then you may become more prone to diseases. Which is why even insurers promote preventive healthcare by offering rewards to the policyholders. See how.
Edelweiss Group Adopts Infrastructure for Cloud, API and Data
Edelweiss’ Nitin Agarwal has been reengineering the technology platform to be more agile for which he has been taking some steps. Read the news here to know the developments Edelweiss is witnessing because of the same.
Aditya Birla Health Insurance Expects 80 Per Cent Growth
Aditya Birla Health Insurance is targeting the growth of its business to be 80 per cent in the existing financial year. Read the full news here and know more.
Health Insurance Premium to Rise Due to Increasing Air Pollution?
Delhi-NCR has been battling with poor air quality. And poor air quality leads to increased chances of falling ill. But does poor air quality have any impact on health insurance premiums? Know here.
PSU General Insurance Companies Seek Fund Infusion from the Government Before Amalgamation
Criticised to be merged, public-sector general insurance companies are now persuading the government for fund infusion before merging.
State Bank of India General Insurance Launches its Channel Management System (CMS) Exchange Service
EbixCash, an Indian subsidiary of Ebix, Inc. has announced that State Bank of India General Insurance has launched its Channel Management System (CMS) Exchange Service. Read here.
Bajaj Allianz Ropes in Axis Bank as a Bancassurance Partner
The private life insurer Bajaj Allianz Life has partnered with Axis Bank in order to sell its policies. This is the third distribution arrangement for Axis Bank and one of the biggest for Bajaj Allianz. Read more here.
Edelweiss General Insurance in Talks to Find a Joint Venture Partner
The CEO of Edelweiss General Insurance, Shanai Ghosh shares that the insurer is now open to having a Joint Venture partner for the business. Gain insights by reading the full news here.
Health Insurers to Offer Fitness Goodies as Well?
Health insurers may soon do you some good turns by offering some fitness goodies. To avail them, all you need to do is follow a fitness regime. Read the full news here to learn the benefits in detail.
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