Insurance and Technology
Digit Insurance, a new-age general insurance company backed by Fairfax Group, has launched a cycle insurance product with Dr Cycle, an online platform for all cycling needs, and Scott Sports India, a subsidiary of...
Health insurance remains one of the under-penetrated segments in India with only 25-30% of Indians having health insurance. However, like in every other field, technology is likely to play an integral part even in...
POLICYBAZAAR AS ONE OF THE INSURANCE WEB AGGREGATORS Policybazaar.com, started in 2008, is one of the status holder in India’s leading insurance web aggregators. Since its inception, the company has been steadily growing with...
Embarking on overseas travel whether for business or leisure requires extensive preparation to ensure that the journey would be fruitful and safe. This is why having travel insurance becomes an essential part of travelling....
Life insurance companies are now turning to WhatsApp to offer policy-related services to customers. ICICI Prudential Life Insurance as well as Aditya Birla Sun Life Insurance are now offering policyholder information services on the messaging platform....
The health insurance segment has reported a growth of more than 20 per cent in the premium collection for the third year in a row. In 2017-18, general and health insurance companies collected ₹37,029...
Recently Insurology has published a news about the prediction of 12-15% growth trend of Life Insurance in India. And after the IRDAI annual report has been published, it confirms about our prediction with a...
In a first for general insurance companies, ICICI Lombard General Insurance on December 19, 2018 launched an artificial intelligence (AI)-based solution to enable instant renewals of expired or lapsed motor insurance policies. The solution,...
What is Insurtech? According to Investopedia, “Insurtech refers to the use of technology innovations designed to squeeze out savings and efficiency from the current insurance industry model.” The belief driving Insurtech companies is that...
Just as technology has impacted finance, now it is set to have similar impact on insurance industry too. New, technology savvy players are entering the insurance sector, bringing the full force of their innovative, disruptive,...
Unclaimed money is money from lost bank accounts, shares, investments and life insurance policies. Are you aware that Unclaimed investments of around Rs 40,000 Crores are lying with financial institutions like Banks Some people, maintain...
