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RURAL INSURTECH
LIC targets stronger market leadership as it approaches its platinum jubileeLIC CEO R Doraiswamy stated the corporation will maintain its leadership in the life insurance sector and contribute to national developmen...- Why Union Budget 2026 could be crucial for expanding insurance coverage in IndiaAn industry perspective on the reforms and incentives Budget 2026 could introduce to strengthen insurance adoption, manage emerging risks a...
- New-age life insurers tap group business opportunity in their first year of opsThe new-generation insurance companies had adopted a retail-first approach for their general insurance business. Both Go Digit and Acko had...
- New-age life insurance firms tap group products to boost businessAcko, Go Digit and CreditAccess, three new age life insurance players licensed in 2023, have completed their first full financial year in F...
- Investment activity to surge, valuations rationalising in consumer sector: Gemba CapitalWith the recent surge in consumer spending on digital products, experiences and services, investors are already seeing green shoots of a sh...
- December dip in online sales; insurtech firms chart fresh growth pathsAfter an expected spurt during the festive season, ecommerce sales saw a larger-than-usual dip in December. This and more in today’s ETtech...
- Bimaplan secures $3.5 million in fresh funding from Orios Venture Partners and othersBimaplan is an embedded insurance startup that works with financial services companies and ecommerce platforms, helping them with the capab...
- Lytus plans to invest $50 million in fintech businessLytus Technologies Holdings plans to spend $50m to expand its fintech offering into India over the next five years. The Nasdaq-listed firm ...
- General, health insurers face a single management expense limitThe draft IRDAI (Expenses of Management of Insurers Transacting General or Health Insurance Business) Regulations, 2022, has proposed the i...
- Insurtech platform Zopper raises $75 million funding led by CreaegisZopper will use the capital to support international expansion, beef up the platform’s technology, and data engineering functions, and for ...
- Life insurance penetration in India reaches 3.2%, close to global averages: Benori KnowledgeInsurance penetration is expected to increase in the coming years owing to multiple factors that include changing consumer perception and r...
- Sanjiv Bajaj on driving financial Inclusion with fintechTechnology today is a big influencer in making people believe that there are other ways to buy, sell and invest as compared to old practice...
- RenewBuy acquires fintech firm Artivatic.AIArtivatic.AI is valued at $10 million while acquisition is done by a combination of cash payment and share-swap deals. Promoters of the AI-...
- Insurtech startup GramCover raises $7 million in a Series A roundThe fresh capital will be used to strengthen the technology and product offerings and also scale up the business and support functions.
- Insurtech startup GramCover raises $7 million in Series A fundingThe insurtech startup will use the fresh capital to strengthen the technology and product offerings and also scale up the business and supp...
- RenewBuy raises $45 million in Series C funding from Apis fundRenewBuy, an insurtech startup, will use the funding from Apis Growth Fund II to scale technology, add more products and expand the digital...
- 60% of new business transactions are happening through mobile, says V Sendil Kumar, CTO, Shriram Capital LimitedWe have engaged IBM to advise us on the digital strategy and technology implementation journey, where IBM is instrumental in designing digi...
- Telemedicine to be covered under health insurance policy amid coronavirus outbreak: IRDAIThis move brings relief to medical insurance policyholders who may prefer to consult medical practitioners online or telephonically to avoi...
- GramCover raises Pre-Series A funding from EMVC, Flourish, othersGramCover is creating an ecosystem for delivery of insurance products including crop, livestock, health, motor, life, and asset insurance t...
- Fintech among top 5 sectors for funding in 2016: DeloitteThe report also noted that in medium-term fintech players will consolidate their position in urban and metro centres and will extend to rur...
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