Bengaluru : Digit Insurance, on a mission to make insurance simple in India, has launched an online Do-it-yourself advisory tool, to help SMEs and start-ups calculate the coverage required for their businesses, called SME Buddy. This is part of Digit’s initiative to make insurance simpler and relevant to the smaller businesses …
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Get COVID-19 test covered with Digit’s health insurance covering OPD expenses
Bengaluru : Digit Insurance, on a mission to make insurance simple in India, has announced a feature in its health insurance cover focusing on OPD expenses. Considering the increasing cases of flu, viral fever and other seasonal diseases amid COVID-19, Digit’s health insurance offers coverage for consultations and related expenses like medical tests, X-rays …
Read More »HDFC Life Insurance Company raises Rs 600 crore through NCDs
HDFC Life Insurance Company has raised Rs 600 crore through Unsecured, Rated, Listed, Subordinated, Redeemable, Fully Paid-up Non-Convertible Debentures (NCDs) and allotted 6,000 NCDs having a face value of Rs 10,00,000 for cash, at par, in dematerialized form, on private placement basis to the identified parties. The Board of Directors …
Read More »Mphasis inches up on inaugurating new facility in Hyderabad
Mphasis is currently trading at Rs. 939.40, up by 0.70 points or 0.07% from its previous closing of Rs. 938.70 on the BSE. The scrip opened at Rs. 945.00 and has touched a high and low of Rs. 946.60 and Rs. 945.00 respectively. So far 35 shares were traded on …
Read More »Thomas Cook trades in green on the BSE
Thomas Cook (India) is currently trading at Rs. 131.40, up by 1.10 points or 0.84% from its previous closing of Rs. 130.30 on the BSE. The scrip opened at Rs. 132.00 and has touched a high and low of Rs. 134.55 and Rs. 127.35 respectively. So far 21687 shares were …
Read More »PT PFI Mega Life Insurance selects Majesco’s policy for Life & Annuities and Group
PT PFI Mega Life Insurance, the joint venture life insurance company of Prudential Financial Inc. and CT Corpora, has selected Majesco Policy for Life & Annuities and Group along with a point of sale and activity management solution specifically used within the Asia Pacific region. The selected platform will cover …
Read More »Zensar Technologies launches 3 in 1 insurance module in South Africa
Zensar Technologies has launched 3 in 1 insurance module in South Africa. It is a custom data module designed for the Insurance industry, developed leveraging Salesforce Community Cloud. The module enables a single, centralized 3 in 1 view across consumer, agent and employee data. The portal provides the unique ability …
Read More »HDFC Standard Life Insurance reports 20% rise in Q2 net profit
HDFC Standard Life Insurance Company has reported results for second quarter ended September 30, 2018. The company has reported 20.33% rise in its net profit at Rs 286.98 crore for the quarter under review as compared to Rs 238.49 crore for the same quarter in the previous year. However, total …
Read More »HDFC Bank launches instant renewal of insurance for cars, two-wheelers
HDFC Bank has launched instant renewal of insurance for cars and two-wheelers with multiple payment options such as Mobile Banking app, SMS, ATM, PayZapp and NetBanking. Customers can opt for EMI payment of renewal premium as well through SMS, Netbanking or PayZapp. Customers can now renew their vehicle insurance online …
Read More »Ground Report / Telangana / Nalgonda / Central Insurance Scheme for handloom workers and weavers
Central Insurance scheme exclusively for Handloom workers and weavers is being implemented successfully in the Textile town of Sircilla in Telangana. Special story from Rajanna Sircilla district of Telangana. Under this scheme the beneficiary need not pay any premium, that is borne by Union Govt, State Govt and LIC.
Read More »Allianz to acquire Sri Lanka’s Janashakthi General Insurance in US$106 million deal
5/2/2018 – Global financial services major Allianz on Friday announced that it is going to fully acquire Janashakthi General Insurance Limited at an amount of 85.9 million euros (about US$106.4 million). Allianz forged an agreement for the transaction, which is currently subjected to regulatory approval, and expected to complete in …
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