AUB Group Expands UK Presence with Momentum Broker Solutions Partnership AUB Group has made significant strides in bolstering its footprint in the UK retail broking...

Insurance

IRDAI permits policyholders to cancel their policies and receive refunds

PJdesk - 13/06/2024 0

IRDAI Permits Policyholders to Cancel Policies Anytime and Receive Refunds In a move to enhance flexibility and freedom for policyholders, the Insurance Regulatory and Development...

Insurance

IRDAI: Retail insurance claims must be settled within 7 days of survey, no rejections for Missing Documents

PJdesk - 12/06/2024 0

IRDAI Guidelines for Insurers: 1.Timelines on Websites: Insurers must prominently display timelines for proposal form acceptance, policy issuance, endorsements, policy servicing, surveyor appointments, survey report...

Insurance

Ashok Leyland introduces ‘Sarathi Suraksha Policy’, Comprehensive Insurance Policy for Drivers

PJdesk - 05/06/2024 0

Ashok Leyland Launches ‘Sarathi Suraksha Policy’ Ashok Leyland, the flagship company of the Hinduja Group and a prominent commercial vehicle manufacturer in India, has unveiled...

Insurance

IRDAI’s proposal for increased surrender value may face strong opposition from life insurers once more

PJdesk - 01/06/2024 0

IRDAI: Insurers Resistant to Higher Surrender A day following the proposition by the Insurance Regulatory and Development Authority of India (IRDAI) to enhance surrender values...

Insurance

Health insurance claim regulation: Cashless claims require clearance within 3 hours; insurers responsible for hospital charges due to discharge delays, states IRDAI

PJdesk - 30/05/2024 0

Health insurance claim regulation: Delays in processing health insurance claims by insurers or third-party administrators (TPAs) have frequently been a nightmare for patients and their...

Insurance

LIC ventures into health insurance. Chairman Mohanty shares insights on preliminary preparations for this expansion

PJdesk - 28/05/2024 0

LIC Expands into Health Insurance Reportedly, LIC, or the State-run Life Insurance Corporation of India, is planning to enter the health insurance sector. The company...

Insurance

Online Insurance Nightmare: Survey Reveals 61% Trapped in Non-Cancelable Policies

PJdesk - 19/05/2024 0

Online Insurance Nightmare A recent survey by LocalCircles, a consumer advocacy group in India, has exposed the widespread use of deceptive practices, known as "dark...

Insurance

Insurance news: Approximately 700 surety bonds valued at ₹3,000 crore have been issued by insurance companies

PJdesk - 18/05/2024 0

Insurance news: Approximately 700 insurance surety bonds valued at around ₹3,000 crore have been issued by various insurance companies to date, an official statement said...

Insurance

Insurance: Survey reveals that 6 out of 10 consumers complain about insurance mis-selling

PJdesk - 17/05/2024 0

Insurance survey: Highlighting the widespread issue of manipulative selling in the insurance sector, a survey by LocalCircles found that six out of 10 consumers using...

Insurance

HDFC Life Insurance announces a bonus of Rs 3,722 crore for its policyholders

PJdesk - 16/05/2024 0

HDFC Life Insurance announcement: HDFC Life Insurance announced its highest-ever bonus of Rs 3,722 crore on participating plans for nearly 22.23 lakh policyholders on Wednesday....

Insurance

The highly anticipated Go Digit IPO opens today for bidding

PJdesk - 15/05/2024 0

Go Digit IPO Update Power couple Anushka Sharma and Virat Kohli-backed Go Digit is set to launch its initial public offering (IPO) on Wednesday, May...

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About 92 percent of Indian executives cite security vulnerabilities as the primary obstacle to responsible AI usage: Deloitte report

News PJdesk - 19/12/2024 0

According to the AI at a crossroads: Building trust as the path to scale report by Deloitte Asia Pacific, about 92 percent of Indian executives...

Insurance

Incarnation Specialty selects Intellect’s end-to-end underwriting ecosystem, eMACH.ai Xponent, along with InsureMO’s middleware capabilities

Insurance news updte: Severe thunderstorms push insured losses to USD 60 billion in the first half of 2024: Reports

LIC launches new term insurance products for young individuals

Swiss Re announces Anders Malmström as new finance leader

Swiss Re Institute: Robust economies set to drive insurance growth and profitability

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