Top 7 Bizarre Insurance Policies ever sold
You know very well how important insurance is as part of a sensible financial plan. It makes sense to insure your home, your car, and carry health insurance. But over the years, insurance companies...
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Digit Insurance enters Cycle Insurance business
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...
How technology could revolutionize healthcare
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...
Introduction to Policybazaar and Insurance Web Aggregators
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...
Reasons not to ignore Travel Insurance while travelling overseas
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 Insurers to offer customer service on WhatsApp
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....
Health insurance segment grows 20% for the third time in a row
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...
Life insurance industry touched Rs 4.60 lakh crore premium with shocking 1413% growth in ULIPs
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...
ICICI Lombard to renew motor insurance policies using artificial intelligence
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,...
Breaking down the Insurtech in India
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...
Toffee Insurance: Insurance plans especially designed for millennials
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,...
