New India Assurance and Tata AIG are likely to handle the insurance claims for the Air India crash.
A recent plane crash involving an Air India Boeing 787-8 Dreamliner has raised questions about the insurance coverage of the aircraft and its passengers. According to reports, Air India has secured a total insurance cover of $20 billion for its fleet, which includes over 300 aircraft. The annual premium for this insurance is around $30 million,...
Yes, it is possible to obtain health insurance coverage for treatment at home, depending on the type of policy and the specific circumstances. Many health insurance plans now offer coverage for home healthcare services, which can include doctor visits, nursing care, and other medical treatments that would typically be provided in a hospital or clinical setting.Some health insurance policies may cover home healthcare services such as: 1. Doctor visits and consultations at home 2. Nursing care, including wound care and medication management 3. Physical, occupational, and speech therapy 4. Home health aide services, such as assistance with bathing and dressing 5. Medical equipment and supplies, such as oxygen tanks and wheelchairsHowever, the extent of coverage can vary widely depending on the policy and the insurance provider. Some policies may only cover home healthcare services if they are deemed medically necessary and ordered by a physician, while others may have more restrictive requirements or limitations.Experts recommend reviewing your health insurance policy carefully to understand what is covered and what is not, as well as any requirements or limitations that may apply. It is also a good idea to contact your insurance provider directly to ask about their specific coverage for home healthcare services.In some cases, additional coverage may be available through specialized home healthcare insurance policies or riders, which can provide more comprehensive coverage for home healthcare services. These policies may be particularly useful for individuals who require ongoing care or have specific medical needs that can be met in the home setting.Ultimately, the availability and extent of health insurance coverage for treatment at home will depend on the individual’s specific circumstances and the terms of their policy. It is essential to carefully review and understand your policy to ensure you have the coverage you need.
Health insurance claims typically require proof of hospitalization, but what happens when someone is too old or unwell to be admitted to a hospital and can only receive treatment at home? In such cases, domiciliary treatment, also known as home healthcare, can be an option. This type of treatment covers medical consultation, nursing care,...
ICICI Lombard has launched the #SalaamMSME campaign in recognition of MSME Day.
On International MSME Day, ICICI Lombard, a leading private non-life insurer in India, launched a digital campaign called #SalaamMSME to honor the country's Micro, Small & Medium Enterprises (MSMEs). The campaign highlights the importance of protecting these businesses, which contribute nearly 30% to India's GDP and generate over 25 crore jobs....
Insurers have eased health insurance regulations for individuals with diabetes, heart conditions, and other chronic illnesses.
The health insurance landscape is undergoing a significant transformation, making it more accessible to individuals with chronic and lifestyle-related diseases. According to a recent note from Policybazaar, insurers have relaxed their underwriting norms, allowing people with conditions such as diabetes, heart disease, and arthritis to obtain...
A former engineer of the Life Insurance Corporation (LIC) has been sentenced to 4 years in prison by a Central Bureau of Investigation (CBI) court in a bribery case.
A former Assistant Engineer of the Life Insurance Corporation (LIC) has been sentenced to four years of rigorous imprisonment in a 14-year-old bribery case. Yogesh Arora, the convict, was posted in LIC's Jabalpur office at the time of the offence. In August 2011, the Central Bureau of Investigation (CBI) registered a case against Arora after...
The Insurance Regulatory and Development Authority of India (Irdai) releases the incurred claim ratio of general and health insurance companies in India, which is a measure of how well a health insurer settles claims.
When purchasing or renewing a health insurance policy, one of the primary concerns is how the insurance company handles claims. The claim settlement record of an insurance company provides insight into the percentage of claims settled in a financial year. The Insurance Regulatory and Development Authority of India (Irdai) recently published its...
Thane Motor Accident Claims Tribunal (MACT) awards over Rs 87 lakh compensation to victims of 2017 truck accident.
The Motor Accident Claims Tribunal (MACT) in Thane has awarded a total compensation of over Rs 87 lakh to the family of a woman who died and two others who suffered serious injuries in a truck accident on the Nashik-Mumbai Highway in 2017. The accident occurred on April 22, 2017, when a group of Sadhwis and their attendants were on a religious...
A former engineer of the Life Insurance Corporation (LIC) has been sentenced to 4 years in prison by a Central Bureau of Investigation (CBI) court in a bribery case.
A former Assistant Engineer of the Life Insurance Corporation (LIC) has been sentenced to four years of rigorous imprisonment in a 14-year-old bribery case. Yogesh Arora, the convict, was posted in LIC's Jabalpur office at the time of the offence. In August 2011, the Central Bureau of Investigation (CBI) registered a case against Arora after...
LIC HFL Apprentice Recruitment 2025 has commenced on the official website licindia.in, offering 192 available positions for applicants to apply.
LIC Housing Finance Limited (LIC HFL) has commenced the recruitment process for apprentice roles, with 192 posts available across its offices. Interested candidates can apply on the official website, licindia.in, until September 22, and pay the required fee by September 24. The written test is scheduled for October 1, 2025, and shortlisted...
A labourer from Khammam has been upheld to receive a payout of Rs 2 lakh by the insurance company, after the claim was initially rejected by the Life Insurance Corporation (LIC), and later taken to the Jury panel for review.
The Telangana State Consumer Disputes Redressal Commission has upheld a decision made by the Khammam District Commission, directing the Life Insurance Corporation of India (LIC) to pay Rs 2 lakh to Jillapali Durggaiah, an agricultural laborer. The case revolves around a life insurance policy taken out by Durggaiah's wife, Satyavathi, in 2014....
Australian Superannuation Funds of Australia (AU SFB) and Life Insurance Company (LIC) have partnered to expand life insurance offerings.
AU Small Finance Bank (AU SFB), the largest small finance bank in India, has formed a strategic partnership with Life Insurance Corporation of India (LIC), the country's largest life insurer. This collaboration is aimed at supporting the national vision of 'Insurance for All by 2047', which seeks to increase insurance penetration and provide...
LIC Revival Campaign: Reactivate Lapsed Policies: Rediff Moneynews
The Life Insurance Corporation of India (LIC) has launched a special campaign to revive lapsed policies, offering attractive concessions on late fees. The campaign, which will run from August 18 to October 17, 2025, aims to encourage policyholders to restore their insurance cover. Under this campaign, policyholders can revive their lapsed...
ICICI Securities has provided an analysis of the life insurance sector, focusing on key players such as HDFC Life, SBI Life, and ICICI Prudential Life.
Key observations include:
- Private sector market share gains: Private life insurers have been steadily gaining market share, with HDFC Life and ICICI Prudential Life being among the top gainers.
- Individual weighted received premium (WRP) growth: ICICI Prudential Life and SBI Life have shown strong growth in individual WRP, with ICICI Prudential Life outpacing the industry average.
- Protection business growth: HDFC Life and ICICI Prudential Life have reported significant growth in their protection business, driven by increasing demand for term insurance products.
- VNB margin expansion: SBI Life and ICICI Prudential Life have seen an expansion in their value of new business (VNB) margins, driven by improved product mixes and cost efficiencies.
- Investment income: All three insurers have reported strong investment income, driven by a rising interest rate environment and higher yields on their investment portfolios.
The analysis highlights the strengths and weaknesses of each insurer, with HDFC Life and ICICI Prudential Life expected to maintain their growth momentum, while SBI Life is expected to gain traction in the protection business and VNB margin expansion.
The life insurance industry in India has experienced strong growth in the first four months of the fiscal year 2026, according to a report by ICICI Securities. The industry's annual premium equivalent (APE) has increased by 13.7% year-on-year, while the sum assured has expanded by 25.1%. This growth is attributed to product diversification and...
Life insurance companies are increasing the value of their policies to help ensure policyholders’ coverage remains viable and ongoing.
Life insurance companies in India, including Life Insurance Corporation of India (LIC), HDFC Life, and SBI Life, are increasing the minimum and average value of policies to improve persistency and reduce lapses. Persistency refers to the percentage of policies still in force after a certain period, and it is a key metric that reflects customer...
Insurers have eased health insurance regulations for individuals with diabetes, heart conditions, and other chronic illnesses.
The health insurance landscape is undergoing a significant transformation, making it more accessible to individuals with chronic and lifestyle-related diseases. According to a recent note from Policybazaar, insurers have relaxed their underwriting norms, allowing people with conditions such as diabetes, heart disease, and arthritis to obtain...
Star Health has introduced a campaign that emphasizes the significant impact health insurance can have on individuals’ lives.
On June 28, Star Health Insurance launched a thought-provoking campaign in observance of World Insurance Day. The campaign aims to raise awareness about the importance of health insurance by highlighting the stark contrast between a family with health insurance and one without. The campaign film uses a split-screen narrative to portray the two...
Star Health Insurance in India has been fined Rs 5.42 crore.
The Insurance Regulatory and Development Authority of India (IRDAI) has imposed a significant cash penalty on Star Health Insurance, a private sector insurer, for a major data breach. The penalty amounts to Rs 3.39 crore, which is approximately Rs 5.42 crore when including additional fines. This action was taken in response to the leakage of...
Why Claim Settlement Ratio Should Be Your First Check Before Buying InsuranceThe claim settlement ratio (CSR) is a crucial metric that indicates the percentage of claims settled by an insurance company out of the total claims received. It serves as a key indicator of an insurer’s reliability and commitment to paying out claims. Before purchasing an insurance policy, it is essential to check the claim settlement ratio of the insurance company.A high claim settlement ratio signifies that the insurance company has a history of settling a large percentage of claims, thereby providing assurance to policyholders that their claims will be settled in case of an unforeseen event. On the other hand, a low claim settlement ratio raises concerns about the insurer’s willingness or ability to pay out claims.Checking the claim settlement ratio before buying insurance helps you make an informed decision. It allows you to assess the insurance company’s track record and gauge the likelihood of your claim being settled. By opting for an insurer with a high claim settlement ratio, you can ensure that you receive the compensation you are entitled to when you need it the most.Therefore, the claim settlement ratio should be your first check before buying insurance, as it reflects the insurer’s credibility and commitment to its policyholders. It is a vital factor that can significantly impact your decision-making process when selecting an insurance provider.
Navigating the world of insurance can be overwhelming, with numerous insurers in the market. One crucial metric to consider when choosing an insurer is the claim settlement ratio (CSR). The CSR is the percentage of claims an insurer settles in a given year compared to the total number of claims it receives. It serves as a key indicator of an...
Star Health Insurance has achieved a significant milestone, having protected the lives of 30 lakh senior citizens and settled claims worth over Rs. 11,500 crore.
Star Health Insurance has achieved a significant milestone by protecting the lives of 30 lakh senior citizens and settling claims worth over Rs. 11500 crore. This accomplishment showcases the company's commitment to providing comprehensive health insurance coverage to its policyholders, particularly senior citizens who are often more vulnerable...
Star Health has decided to outsource its claims processing to Medi Assist’s artificial intelligence platform.
Star Health, India's largest retail health insurer, has announced a significant move to modernize its claims operations by outsourcing a substantial part of its claims processing to a third-party administrator, Medi Assist. This partnership will leverage Medi Assist's AI-driven MAtrix platform to enhance claims processing efficiency, accuracy,...
Star Health Insurance has teamed up with Medi Assist to revolutionize the claims process by leveraging artificial intelligence and digital innovation.
Star Health and Allied Insurance Company Ltd., India's largest retail health insurer, has partnered with Medi Assist to adopt MAtrix, an advanced AI-powered claims platform. This collaboration is a significant step in Star Health's claims transformation journey, aiming to deliver faster settlements, better customer engagement, and technology-led...
Aviva and Sonr have formed a partnership to accelerate innovation in the insurance industry.
The Aviva Sonr Partnership is a collaborative effort between Aviva, a leading insurance company, and Sonr, an insurtech startup. The partnership aims to accelerate innovation in the insurance industry by creating cutting-edge tools and digital experiences that enhance customer engagement and operational efficiency. Sonr will provide Aviva with...
Aviva is partnering with Sønr to enhance innovation in the insurance sector.
Aviva, a leading insurance company, has partnered with Sønr, a market intelligence platform, to drive innovation and maintain its position in the evolving InsurTech ecosystem. This collaboration will enable Aviva to stay ahead of industry disruption and deliver the best possible outcomes for its customers. Sønr will provide Aviva with real-time...
One in six garage owners face difficulties parking their vehicles due to the size of their cars.
A recent study by Aviva found that 28% of UK garage owners hardly ever use their garage to park their car, with 21% citing difficulty in parking and 16% believing their car is too big. This is likely due to the fact that cars have grown by 22% in size over the last 20 years, making it more challenging to park in garages. As a result, many drivers...
Hagerty and Aviva have introduced new insurance policies tailored for younger drivers of classic cars.
Hagerty, a well-known insurance provider, has introduced new policies for classic car owners. Effective immediately, drivers who meet specific criteria can insure a classic vehicle made before 2010. To be eligible, drivers must be at least 21 years old, have held a full license for a minimum of three years, and own another everyday vehicle. This...
Aviva has completed a £134 million buy-in deal with the Quest UK Pension Scheme.
Aviva, a leading insurance company, has announced the successful completion of a £134 million bulk purchase annuity (BPA) buy-in transaction with the Quest UK Pension Scheme. The transaction, which was finalized in July 2025, secures the benefits of over 440 members of the scheme. The scheme sponsors, Givaudan UK Limited, a Swiss-based global...
Aviva Life Insurance has been awarded Product of the Year 2025 in both the Retirement Income and Unit Linked Insurance Plan (ULIP) categories.
Aviva Life Insurance, a leading private life insurance company in India, has been awarded the prestigious "Product of the Year 2025" title in two key categories: Life Insurance – Retirement Income and Life Insurance – ULIP. This recognition was based on a nationwide consumer survey conducted by NielsenIQ, as part of the 17th edition of Product of...
Aviva Enhances Freight Liability Insurance Offering
Aviva, a leading insurance provider, has announced an enhancement to its freight liability insurance offering. The company has expanded its coverage to provide more comprehensive protection for businesses involved in the transportation of goods. The enhanced policy is designed to address the increasing complexities and risks associated with...
AHPI Revokes Suspension Of Cashless Services For Bajaj Allianz, Care Health
In a significant development, the Association of Healthcare Providers of India (AHPI) has revoked its advisory to suspend cashless services for policyholders of Bajaj Allianz General Insurance and Care Health. The decision comes after a meeting between AHPI's core committee members and senior representatives of Bajaj Allianz, where they addressed...
A survey conducted by Bajaj Allianz Life has revealed that approximately 81% of Indians have inadequate insurance coverage, indicating a significant gap in the country’s insurance landscape.
A recent survey conducted by Bajaj Allianz Life Insurance, in collaboration with NielsenIQ, has revealed that a significant majority of Indians, approximately 81%, underestimate their life insurance needs. Financial experts generally recommend that individuals should have life cover equivalent to at least 10 times their annual income. However,...
AHPI to suspend cashless treatment for Bajaj Allianz policyholders from Sep 1 due to unrevised tariffs.
The Ayushman Bharat Health Infrastructure (AHPI) has announced that it will be suspending cashless treatment for Bajaj Allianz policyholders starting from September 1, 2024. This decision has been made due to unrevised tariffs, which has led to a dispute between the two parties. The AHPI, which is a part of the government's Ayushman Bharat...
Cashless healthcare services have resumed in North India, as reported by ETHealthworld.
A recent dispute between hospitals in North India and Bajaj Allianz General Insurance Company has been resolved, allowing hospitals to resume cashless services for policyholders. The Association of Healthcare Providers of India (AHPI), which represents over 15,000 hospitals, had temporarily halted cashless services due to a disagreement over...
General insurance business operates as usual following Bajaj-Allianz split; no incentive to list soon, according to CEO.
According to Tapan Singhel, CEO of Bajaj Allianz General Insurance, it's business as usual at the company and is likely to remain that way. When questioned about the impending Bajaj-Allianz split, Singhel seemed unfazed, asking "What do you think will change?" He emphasized that the company's solvency is the largest in the Indian general...
Around 15,000 hospitals have stopped providing cashless treatment to Bajaj Allianz policyholders due to delays in claim settlements.
Approximately 15,000 hospitals in India have stopped providing cashless treatment to policyholders of Bajaj Allianz. The main reason behind this decision is the alleged delay in settlement of claims by the insurance company. Hospitals have complained that Bajaj Allianz has been taking an inordinately long time to clear their dues, leading to...
Cashless treatment for a specific insurance company will be discontinued in 15,000 hospitals starting from September 1.
Starting from September 1, approximately 15,000 hospitals in India will stop providing cashless treatment to policyholders of certain insurance companies. The Association of Healthcare Providers (India) (AHPI) has taken this decision, which will affect insurance companies such as Bajaj Allianz and Care Health Insurance. The reason behind this...
Aditya Birla Sun Life Insurance has launched the #YeAkelaHiKaafiHai campaign, which features Farhan Akhtar.
Aditya Birla Sun Life Insurance has launched a new product campaign titled #YeAkelaHiKaafiHai, which showcases its all-new Super Term Plan. The campaign features Farhan Akhtar, an actor, director, and musician, who embodies the essence of a multi-faceted personality. The Super Term Plan is a comprehensive protection plan that offers life cover,...
Aditya Birla Capital reported revenue of ₹10,949 crore in Q3 FY25.
Aditya Birla Capital Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2024. The company's consolidated revenue grew by 10% year-on-year to ₹10,949 crore in Q3 FY25, while the consolidated profit after tax was ₹708 crore, compared to ₹736 crore in Q3 FY24. The overall lending portfolio,...
1.6 lakh+ Get Health Interventions from Aditya Birla Health Insurance
On the occasion of World Health Day, Aditya Birla Health Insurance Co. Ltd. (ABHICL) announced that over 1 lakh policyholders have benefited from their HealthReturns model, which encourages healthier lifestyle choices and good heart health. The model focuses on regular physical activity, with access to expert health guidance, and has delivered...
Aditya Birla Sun Life Insurance has launched a campaign called #YeAkelaHiKaafiHai, which features Farhan Akhtar.
Aditya Birla Sun Life Insurance has launched a new campaign called #YeAkelaHiKaafiHai, which highlights the benefits of their Super Term Plan. The campaign features Farhan Akhtar, a well-known actor, director, and musician, who embodies the essence of a multi-faceted personality. The Super Term Plan is a comprehensive protection plan that offers...
Why Claim Settlement Ratio Should Be Your First Check Before Buying InsuranceThe claim settlement ratio (CSR) is a crucial metric that indicates the percentage of claims settled by an insurance company out of the total claims received. It serves as a key indicator of an insurer’s reliability and commitment to paying out claims. Before purchasing an insurance policy, it is essential to check the claim settlement ratio of the insurance company.A high claim settlement ratio signifies that the insurance company has a history of settling a large percentage of claims, thereby providing assurance to policyholders that their claims will be settled in case of an unforeseen event. On the other hand, a low claim settlement ratio raises concerns about the insurer’s willingness or ability to pay out claims.Checking the claim settlement ratio before buying insurance helps you make an informed decision. It allows you to assess the insurance company’s track record and gauge the likelihood of your claim being settled. By opting for an insurer with a high claim settlement ratio, you can ensure that you receive the compensation you are entitled to when you need it the most.Therefore, the claim settlement ratio should be your first check before buying insurance, as it reflects the insurer’s credibility and commitment to its policyholders. It is a vital factor that can significantly impact your decision-making process when selecting an insurance provider.
Navigating the world of insurance can be overwhelming, with numerous insurers in the market. One crucial metric to consider when choosing an insurer is the claim settlement ratio (CSR). The CSR is the percentage of claims an insurer settles in a given year compared to the total number of claims it receives. It serves as a key indicator of an...
Meet the woman who once headed a Rs 59,800 crore government firm, now works as a yoga instructor; she is the daughter of India’s oldest billionaire.
Meet Ananya Birla, the daughter of India's oldest billionaire, Kumar Mangalam Birla. Ananya, who once led a government firm worth Rs 598,000 crore, has now taken a different path in her career. As the chairperson of the Aditya Birla Group's microfinance arm, Svatantra Microfin, Ananya has been working tirelessly to empower women and promote...
Aditya Birla introduces the Super Term Plan, offering a combination of health services and flexible coverage options.
Somesh Surana has been promoted to the position of Joint President of Digital Business and Marketing at HDFC ERGO.
HDFC ERGO General Insurance has announced the promotion of Somesh Surana to the role of Joint President – Digital Business Group & Marketing. Surana, who has been with the company for thirteen years, expressed his enthusiasm for the new role and expanded responsibilities through a post on LinkedIn. Throughout his tenure at HDFC ERGO, Surana has...
HDFC ERGO has partnered with Park+ to provide a seamless digital car insurance experience to over 2 crore Park+ users.
HDFC ERGO General Insurance, a leading private general insurance company in India, has partnered with Park+, a popular auto-tech super app, to offer a fully digital motor insurance experience. This collaboration aims to revolutionize the motor insurance industry by providing convenience, reliability, and a streamlined digital process. With over 2...
HDFC ERGO and Park+ have launched a digital car insurance product for users.
HDFC ERGO General Insurance has partnered with Park+, an auto-tech platform, to provide a seamless and fully digital motor insurance experience. This collaboration aims to simplify the insurance journey, making it more convenient, reliable, and digital-first. With this partnership, over 20 million Park+ users will have access to car insurance...
HDFC ERGO has partnered with Park+ to provide a seamless digital car insurance experience to over 2 crore Park+ users.
HDFC ERGO General Insurance, a leading private general insurance company in India, has partnered with Park+, a popular auto-tech super app, to offer a fully digital motor insurance experience. This collaboration aims to revolutionize the motor insurance industry by providing convenience, reliability, and a seamless digital process. With this...
CamCom Technologies, an Indian company, has announced a strategic partnership with ERGO Group AG, marking a significant milestone in the global deployment of artificial intelligence in the insurance sector.
CamCom Technologies, an award-winning computer vision platform, has partnered with ERGO Group AG, one of the largest insurance groups in Germany and Europe. This partnership marks a significant milestone in CamCom's global journey, affirming its position as a world-class platform delivering enterprise-ready AI solutions for critical sectors. The...
HDFC ERGO’s TechPreneur Season 2 Grand Finale Features Groundbreaking ‘Deep Connect’ Innovations, Shaping the Future of Insurance Today
HDFC ERGO General Insurance Company, a leading private sector general insurer in India, has announced the winners of Techpreneur Season-2, a program designed to encourage tech-innovation in the insurance sector. The program, backed by BCG and Google, invited startups to present scalable solutions using new-age technologies such as AI, machine...
61% of Gen Z and millennials prefer health insurance, yet 44% remain unaware of its importance, according to HDFC ERGO.
A recent survey conducted by HDFC ERGO General Insurance and NielsenIQ (NIQ) has shed light on the attitudes and preferences of India's Gen Z and Millennials towards health insurance. The survey, which covered 2,200 respondents across 17 Tier 1 and Tier 2 cities, found that 61% of young people prefer to invest in health insurance, with 37% citing...
ICICI Lombard has launched the #SalaamMSME campaign in recognition of MSME Day.
On International MSME Day, ICICI Lombard, a leading private non-life insurer in India, launched a digital campaign called #SalaamMSME to honor the country's Micro, Small & Medium Enterprises (MSMEs). The campaign highlights the importance of protecting these businesses, which contribute nearly 30% to India's GDP and generate over 25 crore jobs....
ICICI Lombard has partnered with Mahindra Finance to broaden its motor insurance distribution network.
ICICI Lombard General Insurance and Mahindra & Mahindra Financial Services Ltd have announced a strategic partnership to distribute motor insurance products across India. The collaboration aims to expand insurance penetration in rural and semi-urban areas by leveraging Mahindra Finance's extensive network. With over 1,352 offices covering 516,000...
ICICI Lombard has appointed Parag Lokhande as the Head of Data Science, Artificial Intelligence, and Startup Initiatives.
ICICI Lombard has announced the appointment of Parag Lokhande as the Head of Data Science, AI, and Startup Initiatives. This strategic move indicates the company's focus on leveraging artificial intelligence (AI) to drive innovation and growth. Lokhande will be responsible for developing and implementing advanced machine learning solutions that...
Claims are now allowed for hospital stays of 2 hours or more.
Over the past decade, medical advancements have revolutionized the way treatments and surgeries are performed, significantly reducing the time required for procedures. According to Siddharth Singhal, head of health insurance at Policybazaar, conditions that previously required overnight monitoring or post-operative care can now be safely managed...
IRDAI takes action against health insurance claim lapses, targets 8 insurance companies: Report
The Insurance Regulatory and Development Authority of India (IRDAI) has conducted inspections at eight general insurance companies, including New India Assurance, ICICI Lombard General Insurance, and HDFC ERGO General Insurance, among others. The inspections aimed to review adherence to the Health Master Circular, a directive that streamlines...
PhonePe is providing insurance coverage for attendees of the Maha Kumbh Mela.
PhonePe, a digital payments firm, has launched an innovative insurance plan in partnership with ICICI Lombard General Insurance, specifically designed for travelers attending the Maha Kumbh Mela, a major spiritual event in Uttar Pradesh, India. The event, which takes place from January 13 to February 26, 2025, attracts millions of devotees from...
ICICI Lombard has collaborated with Clearspeed to identify and prevent fraudulent claims.
ICICI Lombard, a leading private general insurance company in India, has partnered with Clearspeed, a global leader in voice-based risk assessment technology, to address the issue of fraudulent insurance claims in the country. The partnership, facilitated by channel partner Aelius, aims to tackle the problem of motor theft claims, which is a...