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INSURANCE POLICY RENEWAL
ACKO launches three products across motor, health and travelDigital insurer ACKO has rolled out three innovative offerings designed for motor insurance, healthcare, and travel needs. The DriveCam is ...- Export schemes extended amid West Asia crisisThe Centre extended the duty refund scheme Remission of Duties and Taxes on Exported Products (RoDTEP) and the Rebate of State and Central ...
- ElevenLabs' valuation doubles to $22 billion on surging AI voice-agent demandElevenLabs said on Wednesday it had completed a $300 million employee tender offer valuing the AI voice generation startup at $22 billion, ...
- ‘Focus on claim ratios, not commissions’: Bajaj General CEO on insurance reformBajaj General Insurance's MD highlights the need to focus on claim ratios instead of distributor commissions. The insurance regulator recen...
- Only ₹2 lakh was paid by Star Health against a claim of ₹4.28 lakh, citing a sub-limit clause: Here’s why the policyholder won ₹2.28 lakh moreA recent case involving Star Health and Allied Insurance highlights the complexities of health insurance policies with disease-specific sub...
- Bernstein cuts PB Fintech share price target by 53%. More pressure after Rs 37,000 m-cap rout?PB Fintech shares have plunged 42% in four sessions, wiping out Rs 37,000 crore in market value, following IRDAI’s proposed reforms to curb...
- IRDAI’s commission crackdown: Why insurers may cope but distributors face a tougher testTransformations are on the horizon for India's insurance industry, with new proposals from the Insurance Regulatory and Development Authori...
- Trouble continues: Turtlemint, PB Fintech, other insurance stocks drop up to 38% in 3 days. What are analysts saying?Insurance stocks including PB Fintech, Turtlemint, ICICI Lombard, HDFC Life and SBI Life face selling pressure as proposed IRDAI distributi...
- Irdai commission caps put insurance distributors' renewal income in focusInsurance distributors are expected to write to the regulator on this issue as part of their submissions to IRDAI's consultation paper, sou...
- a16z’s Raghuram isn't writing off India AI yet; insurers weigh new rulesHappy Monday! a16z’s Raghu Raghuram said India can build frontier AI companies by using its talent. This and more in today’s ETtech Morning...
- Insurance mis-selling is arising because upfront commissions are too high: IRDAI chairman Ajay SethIRDAI chairman Ajay Seth said insurers should pass savings from lower commissions and operating costs to policyholders through lower premiu...
- Insurance mis-selling is arising because upfront commissions are too high: Ajay Seth, Chairman, IRDAIThe benefit of cost efficiency should be passed on to customers. This entire exercise is intended to ensure that the public and policyholde...
- You may soon buy motor insurance via Bima Sugam when buying a new car; dealers can't deny cashless repairs if IRDA proposals are implementedIRDAI's proposed reforms could revolutionize motor insurance purchases, making them more transparent and customer-friendly. With direct dig...
- PB Fintech: A record debut in 2021, a record ₹31,400 crore wipeout & now the biggest storm the Gurugram co can facePB Fintech came under heavy selling pressure after IRDAI proposed changes to insurance commissions and distribution economics. PB Fintech s...
- Lower commissions could push Policybazaar into insurance manufacturing: Yashish DahiyaPB Fintech is evaluating the possibility of entering insurance manufacturing as distribution commissions may decrease significantly. The pr...
- IRDAI commission proposal may push PB Fintech closer to insurance manufacturing, says Yashish DahiyaThe company said lower distribution commissions could alter the economics of its existing model and make insurance manufacturing a more rel...
- IRDAI proposals on insurance’s money machine leads to bloodbath for stocks: What happens to your moneyInsurance premiums may decrease if the Insurance Regulatory and Development Authority of India implements proposed commission changes. Prop...
- Irdai proposes big changes to insurance commissions; companies, agents may feel the pinchIrdai has proposed an overhaul of the commission payment structure for insurance distributors across various products. This new framework a...
- NPS Swasthya latest guidelines: How much do you need to contribute? Check fees, withdrawal and exit rulesThe PFRDA has unveiled comprehensive operational guidelines for the NPS Swasthya health cover. These guidelines specify minimum contributio...
- One man's EV coverage rose from $1,180 to $1,690 in four years — a roughly 43% increase. The hidden reasons premiums could be getting more expensive may have nothing to do with the batteryElectric vehicle insurance rates are increasing for many owners. This rise is often linked to general market trends, not just battery age. ...
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