The AI-driven automation reduces quote-to-bind timelines to under 10 minutes and has debuted with QBE’s British Marine Yacht Protection & Indemnity (P&I) product.
Bajaj General Insurance deepens its distribution reach into rural and semi-urban India through a tie-up with Vakrangee, amid low market penetration flagged by Economic Survey.
IRDAI's push for commission-free policy sales on Bima Sugam signals the regulator's wider effort to rein in costs that have surged across the sector in recent years.
The PE firm is said to be considering strategic options for Oona, just over three years after the firm was established through a US$350m equity commitment.
