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INSURANCE BROKING LICENCE
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...- RBI cancels Paytm bank license, to approach high courtThe Reserve Bank of India has taken decisive action against Paytm Payments Bank by cancelling its banking licence. This means that the bank...
- Jupiter Money secures direct insurance broker licence, expands into insurance distributionJupiter can now distribute both life and general insurance policies through its app. The fintech platform will begin with curated offerings...
- InsuranceDekho secures composite broking licence, to start reinsurance bizInsuranceDekho, a Gurugram-based insurance marketplace, has secured the composite insurance broking licence from IRDAI. Its customers can n...
- Covrzy secures insurance broking licence from IRDAIIn May last year, the early-stage venture that focuses on insurance for startups, raised $400,000 in its first round of funding, led by Ant...
- Jio Financial Services launches app to take on its fintech rivalsJio Finance will offer UPI payments, bill payments, insurance advisory and digital banking. Eventually Jio Financial Services will offer cr...
- PhonePe sells over 9 million insurance policies since Sept 2021The Walmart-backed company had entered the insurance space in 2020 with a corporate agency licence, before acquiring a full-fledged insuran...
- Hero Insurance Broking gets nod for risk, reinsuranceHero Insurance Broking India has acquired a composite broking licence from the Insurance Regulatory and Development Authority of India (IRD...
- PhonePe gets IRDAI nod to sell life, general insurancePhonePe has been issued an insurance broking licence from the Insurance Regulatory and Development Authority of India (IRDAI), it said in a...
- PhonePe deepens foray into India’s retail insurance sectorLast year, the Bengaluru-based fintech startup had entered the insurtech sector with an insurance corporate agent licence, which allowed th...
- PhonePe receives insurance broking licence from IRDAIPhonePe can now distribute insurance policies from all companies across categories thereby helping the firm diversify its offerings while a...
- 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...
- Paytm arm gets IRDAI’s brokerage licencePaytm Insurance Broking plans to offer insurance products across categories including automotive, health and life. It will also offer custo...
- Share India Insurance Brokers in talks with leading players for policy saleThe company is targeting a premium collection of Rs 500 crore over the five-year period.
- Centrum Group gets insurance broking licence“We have aspiration to emerge as a standalone insurance company, once we build scale in our insurance business,” said Anirudh Jain, head-in...
- Aon partners N R Narayana Murthy's firm Catamaran Ventures for insurance broking JVAon had in 2003 partnered with Global Insurance Services -an insurance consultancy firm promoted by Prabodh Thakkar.
- IRDA asks insurers to design policy for HIV/AIDS patient: Namo Narain MeenaIRDA has asked all life insurance companies to design products and provide insurance cover for HIV/AIDS patient, Parliament was informed to...
- Banks can only sell standard insurance products through branchThe move is aimed at ensuring that lenders do not sell customised insurance products where risk assessment is more complex.
- Irda forms committee to review insurance broker regulationsIrda has formed a committee to review insurance broker regulations, existing practice and other matters related to insurance broking.
- IRDA cancels PNB Principal Insurance Broking licenceInsurance regulator IRDA today said it has cancelled the licence of PNB Principal Insurance Broking pursuant to their request for surrender.
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