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INSURANCE AGGREGATOR POLICYBAZAAR
PB Fintech Q4 Results: Profit jumps 54% to Rs 261 crorePB Fintech reported a 54% rise in Q4 profit driven by strong insurance premium growth, higher renewal income and steady lending momentum. R...- PB Fintech Q4 results: Revenue up 36% to Rs 2,061 crore, net profit up 54% YoYPolicybazaar's parent, PB Fintech, saw a significant surge in operating revenue to Rs 2,061 crore, driven by online insurance premiums. Net...
- Want higher health insurance coverage through super top-up policy? HDFC Ergo, Aditya Birla, ICICI Lombard, Niva Bupa, Care plans comparedRising healthcare costs necessitate enhanced coverage beyond base policies. Super top-up plans offer this crucial protection, acting as an ...
- Irdai imposes Rs 5 crore fine on Policybazaar Insurance BrokersIrdai has levied a Rs 5 crore penalty on Policybazaar Insurance Brokers, formerly Policybazaar Web Aggregator, due to identified violations...
- IRDAI penalizes Policybazaar Rs 5 crore for various violations including biased and misleading product promotionsIRDAI has fined Policybazaar Rs 5 crore for various regulatory breaches. As per the IRDAI order, Policybazaar promoted specific insurance p...
- Policybazaar to enter reinsurance business with upgraded licencePB Fintech's subsidiary, Policybazaar Insurance Brokers, has received approval to enter the reinsurance business. It reported a net profit ...
- Does it make sense to invest in Policybazaar? Digant Haria explains“When an online company is saying they will need a lot of branches to sell, they are also giving us the message that insurance cannot be pu...
- Policybazaar raises Rs 2,569 cr from insurance cos, anchorsThe SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with invest...
- Policybazaar raises Rs 2,569 crore from insurance cos, others in IPO anchor roundThe SoftBank-backed startup saw bids that were nearly 40 times higher for the anchor slot of its initial public offering (IPO), with invest...
- Why legacy insurance brands are logging off from online marketplacesHDFC Ergo recently delisted its products from online insurance aggregators, including Policybazaar. The development isn't an isolated event...
- Policybazaar gets insurance broking licence from IRDAIWith this development, the company will surrender its web aggregator licence to Insurance Regulatory and Development Authority of India (IR...
- Policybazaar fined Rs 24 lakh for flouting IRDAI’s SMS ad rulesThe Policybazaar SMS ad, circulated in March 2020, was deemed by IRDAI as “having potential to cause avoidable panic among customers”.
- Serum Institute buys into PolicyBazaar, True North part exitsTrue North’s part exit from PolicyBazaar comes at a time when the insurance aggregator is lining up an initial public offering (IPO) for so...
- Policybazaar.com IPO in 12-15 months; parent firm gets capital boost from Bay CapitalBay Capital, which manages money on behalf of institutions and endowments from the US and the Europe, has infused an undisclosed sum into t...
- Insurance aggregator Policybazaar to raise USD 150 million in third quarter of FY21Although the company doesn't require capital for business expansion, it may raise some funds as a buffer for unforeseen events, Policybazaa...
- HC imposes Rs 10 lakh cost on Policybazaar for concealing facts to obtain interim orderAcko claimed that Policybazaar was using its name as a keyword and therefore, its website was showing up as a sponsored link whenever someo...
- SoftBank is said in talks to back insurance startup PolicyBazaarThe two sides are examining how the Japanese company can take a stake without pushing foreign investment in PolicyBazaar above 49 percent, ...
- Temasek to buy Intel Cap's stake in Policybazaar for Rs 110 croresPolicybazaar, which helps consumers to compare and buy insurance policies, has witnessed two major investments over the last couple of mont...
- PolicyBazaar to raise Rs 300 crore at valuation of Rs 1,200 croreNew York-based Tiger Global, the most prolific backer of India's booming internet economy, will now hold 30% stake in PolicyBazaar.
- Can Irda's new rules prevent mis-selling?The stiff guidelines for insurance portals are meant to prevent them from pushing products on behalf of insurers. Find out how these are li...
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