Technology News

IndiaFirst Life launches MagicBoard
IndiaFirst Life Insurance on Wednesday launched MagicBoard, an integrated portable fulfillment device for customer sales and service process. Read Full Story

Tata AIA Life launches multiple benefit plan
Tata AIA Life Insurance Company Limited (Tata AIA Life) on Thursday announced the launch of its new product Tata AIA Life Insurance Suraksha Kosh (Suraksha Kosh), a non participating unit linked endowment insurance plan, that provides a comprehensive protection of one's financial goals against the 'risk of premature death' and against the 'risk of living post an accident, critical illness or surgery'. Read Full Story

Future Generali launches micro insurance
Mumbai, July 3: Future Generali India Insurance Company Ltd, the general insurance joint venture between Future Group of India and Generali of Italy, has launched Future Sampoorna Suraksha, a comprehensive micro insurance product tailored specifically for the rural and semi urban, urban poor segment. Read Full Story

Home insurance now available online
Kolkata, June 21 : HDFC ERGO General Insurance on Thursday announced customers can now insure their homes online. Read Full Story

Future Generali India Insurance grows 53pc
Kolkata, May 14 : Future Generali India Insurance Company Ltd, the general insurance joint venture between Future Group of India and Generali of Italy, has registered a 53pc growth of its gross written premium-significantly higher than the industry average, in the company's fourth full year of operations ending 31st March 2012. Read Full Story

JRG offers rubber plantation insurance
New Delhi, Feb 27 : JRG Insurance Broking (P) Ltd, a premier broking house, has joined hands with National Insurance Company to offer Rubber Plantation Insurance Cover. Read Full Story

SUD Life launches high tax saving plan
Kolkata, Jan 3 : Star Union Dai-chi Life (SUD Life) on Tuesday announced the launch of its new non-participating traditional endowment plan, Dhan Suraksha Platinum, targeted at high net worth individuals enabling them to capitalize and benefit on their tax savings. Read Full Story

Insurance cos shall penetrate in middle towns: IRDA
Kolkata, Dec 16 : A top official of Insurance Regulatory and Development Authority India (IRDA) on Friday said that the insurance companies should aim at penetrating deeper into the smaller towns and cities of India in the coming years to expand the growth of the industry. Read Full Story

Bancassurance gaining prominence: Study
Kolkata, Dec 13 : Insurance players are investing high effort in Agency channel recruitment, training and induction, according to a latest study. Read Full Story

Future Generali launches Secure Income
Kolkata, Nov 16 : Future Generali India Life Insurance Company, the Insurance joint venture between Future Group of India and Generali Group of Italy, on Wednesday announced the launch of a traditional endowment plus money-back plan - Future Generali Secure Income plan. Read Full Story

Life Healthcare to invest Rs. 516.5 Cr. in Max
New Delhi, Oct 12 : Life Healthcare (LHC), a USD 2 bln South African healthcare major, is set to invest Rs. 516.5 crore in Max Healthcare (MHC), one of India's leading private healthcare provider, at Rs. 50.55 per share for a 26pc stake, in an all cash transaction which puts the enterprise value of MHC at over Rs 2,300/- crore. Read Full Story

SUD Life launches Suraksha Kavach
Kolkata, Oct 7 : Star Union Dai-ichi Life Insurance (SUD Life) has introduced its latest participating endowment insurance plan, Suraksha Kavach, with an aim to strengthen and extend their existing portfolio. Read Full Story

Mahindra enters Reinsurance Broking Business
Mumbai, Sept 28 : Mahindra Insurance Brokers Limited (MIBL), a 100pc subsidiary company of Mahindra and Mahindra Financial Services Limited (Mahindra Finance), has received approval from the Insurance Regulatory and Development Authority (IRDA) to enter the Reinsurance Broking business. Read Full Story

"India's life insurance industry among fastest growing "
Mumbai, Sept 19 : India will continue to be one of the fastest growing life insurance markets with annual gross written premiums of Rs 2.68 lakh crore set to grow by 13 to 14 per cent and reach Rs 5.17 lakh crore by 2015, industry body ASSOCHAM said on Monday. Read Full Story

Chola MS launches Partners Portal
Chennai, Sept 5 : Cholamandalam MS General Insurance Company Limited, a joint venture between the Murugappa Group and Mitsui Sumitomo Insurance Group Japan, on Monday announced the launch of the first-of-its kind Partners Portal in the General Insurance industry in India. Read Full Story

SBI Life introduces Hospital Cash
Kolkata, Sept 5 : SBI Life Insurance, India's largest new generation life insurer, has launched a health insurance plan - Hospital Cash. Read Full Story

Future Generali simplifies motor insurance
Chennai, July 20 : To simplify the process of a cumbersome, tiring and time consuming motor claim, Future Generali India Insurance Co Ltd on Wednesday launched Future Xpress and Future Xpress+. Read Full Story

Edelweiss Tokio Life gets R2 approval
Mumbai, Apr 18 : Edelweiss Tokio Life Insurance Company Limited has received the second stage R2 approval from the Insurance Regulatory and Development Authority (IRDA) to operate in the Life Insurance space. Read Full Story

Future Generali launches Wealth Protect
Kolkata, Apr 18 : Future Generali India Life Insurance Company, the Insurance joint venture between Future Group of India and Generali Group of Italy, has launched Future Generali Wealth Protect, a flexible Unit Linked Insurance Plan. Read Full Story

Future Generali Insurance Week creates Guinness World Record
Kolkata, Feb 9 : Future Generali India, the insurance joint venture between India's Future Group and Generali of Italy, has set a new Guinness World Record with its initiative - Future Generali Insurance Week (FGIW). Read Full Story

Star Health launches new policies
New Delhi, Jan 6 : Private insurance firm Star Health and Allied Insurance Company has announced the launch of two new policies - Star Unique Health Insurance policy and Star Wedding Gift Insurance policy. Read Full Story

Birla Sun Life partners Career Launcher
Kolkata, Dec 15 : Birla Sun Life Insurance Company Ltd. (BSLI) on Wednesday announced its partnership with Career Launcher, India's leading education services provider. Read Full Story

Future Generali grows 23pc
Kolkata, Dec 1 : Future Generali, the insurance joint venture between India's Future Group and Italy's Generali, has grown 23pc through its sales channel- Mallassurance, the company said on Wednesday. Read Full Story

HDFC ERGO launches travel insurance
Mumbai, Nov 2 : HDFC ERGO has launched travel insurance plan, which is a combination convenience and security, claimed the general insurance company on Tuesday. Read Full Story

LIC gets 79pc premium market share
Mumbai, Sept 29 : Life Insurance Corporation of India (LIC), the largest insurer in the world with more than 28 crore customers, has got 79pc new premium market share in August, the company said on Wednesday. Read Full Story

Tata AIG Life launches Maha Guarantee
Mumbai, Aug 11 : Tata AIG Life Insurance Company Limited (Tata AIG Life) has launched Tata AIG Life Maha Guarantee, its first non-participating traditional endowment plan with guaranteed returns. Read Full Story

Future Generali launches new ULIP
Kolkata, June 28 : Future Generali India Life Insurance Company has launched Future Generali NAV Assure, a unit linked Insurance plan that enables maximum opportunity for growth while protecting the investments against adverse market conditions in financially volatile times, said the company on Monday. Read Full Story

Future Generali appoints new health insurance head
Kolkata, April 19 : Future Generali India Insurance Co Ltd has appointed Shreeraj Deshpande as Head - Health Insurance, w.e.f. March 2010, said a company release on Monday. Read Full Story

ICICI Prudential Life launches Pru Ace
Mumbai, March 30 : ICICI Prudential Life Insurance Company Ltd (ICICI Prudential Life) on Tuesday announced the launch of ICICI Pru Ace - a low charge, wealth creation product. Read Full Story

Weather-based crop insurance in Haryana by ICICI Lombard
Mumbai, Mar 17 : ICICI Lombard General Insurance Company Ltd, the country's largest private sector General Insurance Company, is the first private sector general insurance company to be given mandate for weather-based crop insurance of wheat for farmers in Haryana. Read Full Story

UTI-ULIP gives 1:10 bonus to members
Kolkata, Feb 19 : UTI Unit Linked Insurance Plan (UTI-ULIP) has announced a bonus of 1:10 (1 unit for every 10 units held of face value Rs.10 each). Read Full Story

Tata AIG Life ties up with Chennai Bank
..... Read Full Story

Future Generali gets 'Monthly Income Protection'
Kolkata, Jan 27 : Leading insurance company Future Generali (India) has launched a 'Monthly Income Protection Plan' for Big Bazaar customers. Read Full Story

Future Generali launches 'Sanjeevani'
Kolkata, Jan 12 : Future Generali India Life Insurance Company, launched Future Generali Sanjeevani Plus, a unit linked whole life insurance cum investment plan here Tuesday. Read Full Story

Bharti AXA Life rolls out 'Bright Stars Plus'
Mumbai, Jan 11 : Bharti AXA Life Insurance, the private life insurance joint venture between Bharti Enterprises and AXA, Monday announced the launch of an innovative child plan product - 'Bright Stars Plus'. Read Full Story

Tata AIG Life launches plan with zero premium
Kolkata, Dec 24 : Tata AIG Life Insurance Company Limited (Tata AIG Life) has announced the launch of Tata AIG Life InvestAssure Sampatti - a non participating unit-linked endowment plan with zero premium allocation charges. Read Full Story


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