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Insurance

IRDAI to relax norms for open architecture distributors
The insurance regulator proposes to relax norms for insurance marketing firms and expand their scope.
by Nishant Patnaik Nov 29, 2018
‘It’s not ULIPs v/s mutual funds, advisors can consider distributing both”
Cafemutual speaks to Bajaj Allianz Life Insurance CIO Sampath Reddy on markets and ULIPs providing a long-term investment avenue.
by Shreeta Rege Nov 23, 2018
IRDAI imposes Rs.40 lakh fine on Reliance Nippon Life
The insurance regulator has found that the life insurer had violated regulatory norms such as incentivizing agents and collecting documents for KYC from unauthorized agents.
by Team Cafemutual Nov 14, 2018
Insurers may settle your client’s claim in a piecemeal manner
IRDAI has constituted a committee to see if it makes sense to allow insurers to settle personal accident and benefit based health insurance claims in installments.
by Team Cafemutual Oct 16, 2018
Reliance Capital to foray into standalone health insurance business
The company has received IRDAI’s go ahead to launch its standalone health insurance business.
by Team Cafemutual Oct 9, 2018
Flipkart to sell insurance, to foray soon into MF distribution
The company has received corporate agency license from IRDAI.
by Nishant Patnaik Oct 8, 2018
Sales representatives of agents can now distribute micro insurance policies
IRDAI has allowed sales representatives to sell micro insurance policies.
by Team Cafemutual Oct 8, 2018
Now, Amazon Alexa will dejargonise insurance terms
Aviva Life Insurance will use Amazon’s Alexa platform to spread awareness about life insurance.
by Team Cafemutual Sep 25, 2018
ICICI Prudential Life and Saraswat Co-operative Bank sign bancassurance partnership
This tie up will strengthen distribution network of ICICI Prudential Life in Maharashtra, Goa, Gujarat, Delhi, Madhya Pradesh and Karnataka.
by Team Cafemutual Sep 21, 2018
Vibha Padalkar is the new MD and CEO of HDFC Standard Life
She has succeeded Amitabh Chaudhary, who is to join Axis Bank as its MD and CEO.
by Team Cafemutual Sep 14, 2018
IRDAI urges insurers to come out with simple products
IRDAI Chairman, Dr. Subhash Khuntia said that insurance companies should launch products that could be sold like bank FDs.
by Nishant Patnaik Sep 11, 2018
Amitabh Chaudhry, MD and CEO, HDFC Life moves to Axis Bank as MD and CEO from January 1.
The board will meet on September 12 to decide on the appointment of new MD, CEO.
by Team Cafemutual Sep 10, 2018
Lakshmi Vilas Bank announces HDFC ERGO as their Bancassurance partner
HDFC ERGO hopes to benefit from the bank’s presence in southern India.
by Team Cafemutual Sep 6, 2018
HDFC ERGO launches ‘E@Secure’, a cyber-insurance policy
The policy offers protection against cyber frauds for the entire family
by Team Cafemutual Sep 5, 2018
You will get up to 17.5% first year commission in long term motor insurance policies
IRDAI has asked insurance companies to issue long term motor insurance policies having at least 5-year cover for two wheelers and 3-year cover for four wheelers.
by Nishant Patnaik Aug 30, 2018