Your Money: Tech makes car insurance easier; policy renewal is now simpler with C-KYC and e-KYC enablement – Insurance News

Your Money: Tech makes car insurance easier; policy renewal is now simpler with C-KYC and e-KYC enablement – Insurance News

By Tarun Mathur If a few years ago, someone were to tell you that you could choose to pay your motor insurance premium only for the days you drive, if not unimaginable, it would have still seemed far-fetched. Cut to the present day. The world of insurance is evolving every moment with customer-centricity becoming the … Read more

Explained: The importance of travel insurance in a shrinking world

Explained: The importance of travel insurance in a shrinking world

As the world shrinks, people travel to far-off places for work and pleasure. Travel insurance now assumes greater importance than ever before. Travel insurance is very important especially while you are travelling abroad. Let us discuss what it covers and when one should buy it. What is covered under the travel insurance Though the word … Read more

CO-OPERATORS GENERAL INSURANCE COMPANY REPORTS THIRD QUARTER 2023 RESULTS

CO-OPERATORS GENERAL INSURANCE COMPANY REPORTS THIRD QUARTER 2023 RESULTS

As a result of new accounting standards for insurance contracts (IFRS 17) and financial instruments (IFRS 9) being applied for the first time in the current fiscal year, 2023 results have been presented under the new standards and 2022 results have been restated where possible. This quarterly earnings news release should be read in conjunction … Read more

Why carriers are excited about what MGAs are offering in the programs sector

Why carriers are excited about what MGAs are offering in the programs sector

Why carriers are excited about what MGAs are offering in the programs sector | Insurance Business America Insurance News Why carriers are excited about what MGAs are offering in the programs sector Experimentation and an entrepreneurial ethos is key for this type of product Insurance News By David Saric According to Jonah Lipin (pictured), the … Read more

Business Digest – Oct. 21, 2023

Business Digest – Oct. 21, 2023

Ministry on the Margins in Bismarck has won a “Bush Prize: North Dakota” from Strengthen ND and the Bush Foundation for its track record of successful community problem solving. The Bush Prize awards grant amounts up to 25% of an organization’s most recent fiscal year expenses, with a maximum of $500,000. BEK Communications Cooperative has been … Read more

GEICO lays off 6% of workforce, prioritizes return to office

GEICO lays off 6% of workforce, prioritizes return to office

GEICO lays off 6% of workforce, prioritizes return to office | Insurance Business America Insurance News GEICO lays off 6% of workforce, prioritizes return to office Insurance giant GEICO will cut 2,000 staff and mandate in-office days Insurance News By Jen Frost Auto insurance giant GEICO will lay off 2,000 staff, or 6% of its workforce, and … Read more

Global Liability Insurance Market Trends, Analysis &

Global Liability Insurance Market Trends, Analysis &

Dublin, Oct. 16, 2023 (GLOBE NEWSWIRE) — The “Liability Insurance Market Trends and Analysis by Region, Line of Business, Competitive Landscape and Forecast to 2027” report has been added to ResearchAndMarkets.com’s offering. Global Liability Insurance Market insight analysis report provides in-depth market analysis, information, and insights into the global and regional liability insurance industry. This … Read more

Stock Market Live Updates: Sensex, Nifty trade flat; Coal India up 2%, BPCL, Grasim shine, TCS, Cipla shed

Stock Market Live Updates: Sensex, Nifty trade flat; Coal India up 2%, BPCL, Grasim shine, TCS, Cipla shed

TCS: The IT major’s board approves a buyback of 4.09 crore shares (1.12%) at Rs 4,150 apiece, aggregating to Rs 17,000 crore. An interim dividend of Rs 9 per share was also approved by the board, with Oct. 19 as the record date. Larsen & Toubro: The company received a Rs 64.98 lakh penalty order … Read more

PGIM real estate arm launches AI research lab

PGIM real estate arm launches AI research lab

The real estate division of PGIM, the $1.3tn US-headquartered asset manager, has launched an innovation lab, partnering with University College London and other global institutions to develop new technologies. The lab, RealAssetX, will tap more than 50 years of data from PGIM Real Estate — as well as from third parties — to develop new technologies … Read more

Tom Hanks shares warning about AI copy of him selling insurance

Tom Hanks shares warning about AI copy of him selling insurance

Tom Hanks (the real one)Photo: Dia Dipasupil (Getty Images) Attention: Tom Hanks does not want you to go to the dentist. Or, if he does, he at least has no interest in telling you how to pay for it. That’s the main thing we should all take away from Hanks’ latest post on Instagram (via … Read more