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MICROINSURANCE INITIATIVE
Kshema General Insurance raises $20 mn from Green Climate FundKshema General Insurance secured $20 million from the Green Climate Fund for its 'Harnessing Insurance for Climate Resilience in Indian Agr...
RBI announces three consumer-centric steps for re-KYC, easier bank claims and retail investingThe Reserve Bank of India has introduced three customer-centric measures, including simplified KYC procedures via panchayat-level camps, st...
Insurtech funding set to top $1 billion in 12 monthsInsurtech funding in India is poised to surpass $1 billion in the next year, following a period of moderated investment. A recent report hi...
Towards Jan Samriddhi: How Union Budget 2024 can advance women-centric financial inclusionBudget 2024: The 2024 Union Budget boosts financial inclusion for 290 million women through PMJDY, Naari Shakti, and Digital Public Infrast...
Reforms in insurance law are in orderAllowing different types of insurance companies such as micro-insurance and agriculture insurance - akin to different kinds of banks cateri...
WhatsApp to focus on four pillars of growth in the country: India head Abhijit BoseWhatsApp said it wants to grow the small and micro business ecosystem by bringing in new features and tools to the WhatsApp Business app.
Kishore Biyani sees the future in micro insuranceThe company had launched Future Pay wallet last year and is launching a consumer-lending business soon.
Free accident cover likely for Jan Dhan A/C holders“We are looking at various options to strengthen and consolidate the financial inclusion initiatives that this government has undertaken so...
Awareness among investors will help the insurance market: RM Vishakha, IndiaFirst Life InsuranceCustomer awareness and technological initiatives hold the key for growth in the insurance sector, says R.M. Vishakha.
Narendra Modi set to revamp financial inclusion; to unveil new scheme on August 15The PM is set to give a big boost to the ongoing financial inclusion drive by unveiling a comprehensive programme, to be announced on Indep...
- HDFC Bank and Indian Oil join hands to provide banking services in rural areas
HDFC Bank on Thursday announced a tie-up with Indian Oil Corp where its rural petrol pump outlets Kisan Seva Kendras (KSKs) will act as the...
- L&T General Insurance bullish about growth in next fiscal
The company is also leveraging its technology to reach out to customers instead of just relying on the brick and mortar branches.
- L&T to infuse Rs 500 cr in insurance biz in next 3-4 yrs
L&T General Insurance will see a capital infusion around Rs 500 crore from its parent over next three to four years.
- Basix, Aviva to launch automated microinsurance policy process
Bhartiya Samruddhi Finance and a leading insurance provider Aviva have launched an automated retail microinsurance policy process.
- Allianz takes Indian made micro-cover to the world
India is the best spawning ground for global micro-insurance products, discovers German insurer Allianz.
- Reliance Life Insurance eyes rural market foray
After growing its life insurance business at above average rate for the last three years, the ADA Group is now entering the rural market.
- IFC to help microfinance firms use IT in rural areas
The focus will be on developing banking solutions that will help microfinance institutions automate government payments, banking and other ...
- Microinsurance regulations here get global pat
The global association of insurance regulators is following India’s lead in recognising microinsurance as a distinct activity with a separa...
- Birla Sun Life launches two micro-insurance plans
Birla Sun Life Insurance on Friday announced the launch of two micro-insurance products, targeted at the low-to-middle income group custome...
- ‘Local investors’ risk-appetite on rise’
Enthusiastic about his 10th trip to New Delhi, ever since his appointment as managing director of Tata AIG Life 10 months ago, Trevor Bull ...