Insurance

The first of the series of virtual conferences themed ‘Future Ready India’, hosted by Automation Anywhere in collaboration with CNBC TV-18 and Forbes India, brought together eminent experts from the insurance sector, to deliberate on ‘The Future of Insurance’....

AIA, AYA SOMPO and AYA Bank have entered into a strategic partnership to enable broader access to innovative insurance products and services for the people of Myanmar. The bancassurance collaboration aims to increase protection and drive insurance penetration in Myanmar....

Zurich Middle East is looking to strengthen its market position in the region with the launch of its new omni-channel solution that promises to make acquiring an insurance product a lot less cumbersome, time consuming and completely paperless. The insurance...

Parachute Digital Solutions , a Munich Re company, announced the launch of Parachute 2.0, a turnkey product and carrier agnostic online insurance platform for carriers, brokers, employers, associations, and retailers to offer life and supplemental health protection plans in...

The COVID-19 pandemic has caused ambiguity and disruption in customer services across the world. In these unforeseen circumstances, Universal Sompo General Insurance has launched Artificial Intelligence (AI) powered virtual agents for its motor claims services. Universal Sompo's AI-powered virtual agents...

India-based private general insurance company Bajaj Allianz and e-commerce marketplace Flipkart have partnered to offer new cyber insurance policy, dubbed Digital Suraksha Group Insurance. The new digital insurance policy is designed to provide coverage against financial losses due to cyber-attacks,...

Private equity firm Hg has agreed to invest $1bn in Hyperion Insurance Group, an insurance intermediary, whose enterprise value has now reached nearly $5bn with the investment. Hyperion is Hg’s sixth investment in the wider sector in the last five...