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INSURTECH DISTRIBUTION INDIA
Union Budget 2025: Government proposes 100% FDI in insurance sectorAccording to industry insiders, this move can help spawn new insurance companies and bolster existing insurance firms. Insurance distributi...01 Feb, 2025, 02.46 PM IST- Insurtech startup Zopper bags $25 million in round led by Elevation Capital, Dharana CapitalThe round also saw participation from existing investor Blume Ventures. The company has raised $96 million in funding till now from the lik...21 Nov, 2024, 06.10 PM IST
- Insurtech sector attracted $2.5 bn funding, more investment to flow: ReportThe Indian insurtech sector has raised over USD 2.5 billion and is expected to attract more investment due to significant growth opportunit...20 Nov, 2024, 09.48 PM IST
- 'Insurance for all': IRDAI urges cos to strategize making insurance affordableThe Insurance Regulatory and Development Authority of India (Irdai) encouraged companies to devise affordable insurance products to achieve...26 Aug, 2024, 01.13 PM IST
- Insurtech startups make hay as embedded insurance gets the spotlightFrom banks that want to cross-sell insurance products to ecommerce companies offering to insure large-ticket purchases to travel aggregator...19 Jan, 2024, 08.52 AM IST
- Decoding InsuranceDekho’s back-to-back funding rounds amidst a funding winterAmidst a funding winter, when startups are having to go the extra mile to justify every dollar of their valuation, InsuranceDekho stood out.11 Oct, 2023, 06.01 AM IST
- Irdai on a transformational journey to take insurance to massesUnder new chairman Debasish Panda, the regulator is engaging with the industry more than ever and looking to get the sector charged up.11 Aug, 2023, 06.00 AM IST
- IRDAI considering Managed General Agencies in insuranceInsurtech startups which mostly operate as insurance intermediaries are pushing for a new set of licences from the IRDAI to set up agencies...10 Aug, 2023, 10.37 PM IST
- PolicyBoss closes series B funding round, seeks to deepen last-mile presenceThe investors include India SME Investments and Madhav Mirani (ex Co-founder, Ugam Solutions), prominent angel investor Jitendra Gupta and ...06 Jun, 2023, 04.20 PM IST
- 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...26 Aug, 2022, 11.52 AM IST
- Screwvala backed insurejoy.com becomes the fastest-growing Insurtech Startup11 May, 2022, 07.25 PM IST
- Insurtech startup Turtlemint bags $120 million as valuation tops $900 millionThe company intends to use the fresh funds to expand in new geographies, including international expansion into Southeast Asia scale its le...29 Apr, 2022, 12.12 PM IST
- Tech’s the future for insurersUnforeseen calamities in the past few years have acted as a tailwind for insurance companies, as they seek to up their technology game eith...12 Sep, 2021, 08.16 AM IST
- 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...30 Aug, 2021, 08.41 PM IST
- Jungle Ventures makes its first insurtech investment in TurtlemintInsurtech startup Turtlemint will use the latest funding to grow its distributor network in the next 18 months, and for product development...12 Mar, 2021, 06.16 PM IST
- Insurtech startup Riskcovry gets $5 million in Series A fundingInsurtech startup Riskcovry will utilise the funding to build new insurance products, invest in its data science team and products, and qua...09 Mar, 2021, 11.53 AM IST
- 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...26 May, 2020, 02.18 PM IST
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