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INSURANCE WEB AGGREGATOR
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...
- Religare board approves appointment of four directorsReligare Enterprises, now controlled by the Burman family, has appointed four new non-executive, non-independent directors, namely Abhay Ku...
- SBI Life Insurance fined Rs 1 crore for regulatory violations; Irdai asks insurer to adhere to rules to settle death claimsSBI Life Insurance has been fined Rs 1 crore by the Insurance Regulatory and Development Authority of India (Irdai) for violating regulatio...
- InGovern red flags Religare-MIC dealThe corporate governance tracker questioned the rationale behind the deal, citing a lack of adequate disclosures and the absence of correla...
- 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...
- Irdai sets up panel to draft standard professional indemnity policy for insurance intermediariesInsurance intermediaries such as insurance brokers, insurance web aggregators, and corporate agent are required to take professional indemn...
- Bharti AXA General to sell two-wheeler policies via WhatsAppBharti AXA General Insurance, a joint venture between Bharti Enterprises and global insurance firm AXA, will sell the policies on the websi...
- Indians buying motor insurance online on the rise, but many don't renew on time: Survey75 percent respondents with lapsed policies bought fresh insurance after facing rap from the traffic police.
- IRDAI's new web aggregator's rules to curb aggressive sellingNo web aggregator should promote or push a particular product of a particular company on web-site or distance marketing.
- ETInsure expands into health insurance aggregation, provides personalised health optionsETInsure utilises advanced algorithms to understand customer's specific needs and deliver tailored health insurance solutions.
- Ronnie Screwvala raises stake in EasyPolicyThe transaction, which gives Unilazer Ventures a 55% stake in the company, comes as Screwvala steps back from making fresh bets and instead...
- EasyPolicy raises Rs 15 crore from Ronnie Screwvala's Unilazer and othersEasyPolicy, online ecommerce company in the insurance web aggregation space has raised Rs 15 crore from Ronnie Screwvala's Unilazer and oth...
- IRDA, Finmin at odds over nod for online sales of insurance policiesIRDA has expressed reservations over the finance ministry’s view that firms need not take another approval for insurance products sold onli...
- MyInsuranceClub.com becomes first aggregator site to bag IRDA approvalMyInsuranceClub.com has become the first aggregator site to get approval from the Insurance Regulatory & Development Authority of India.
- 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...
- IRDA's guidelines on web aggregatorsRecently, the Insurance Regulatory and Development Authority (Irda) announced two online initiatives that could be of interest to insurance...
- Online aggregators to make insurance easier for youConsumers are set to benefit as Irda’s draft guidelines for insurance websites assure more accurate information and restrict the use of cli...
- Buy online insurance products the smart wayWith Irda’s proposed norms for insurance aggregators, expect a better and secure shopping experience.
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