Acko Sets Its Sights on Major IPO as India’s Insurtech Trailblazer
Acko, the Bengaluru-based digital insurance powerhouse, is advancing its plans for a significant initial public offering that could raise $300…
Acko, the Bengaluru-based digital insurance powerhouse, is advancing its plans for a significant initial public offering that could raise $300…
The survey highlighted that despite their younger age, Gen Z respondents reported higher confidence in understanding health insurance. Around 70% of them expressed confidence, with 32% claiming to be “very confident.”
As per a recent survey, securing their children's financial future is the foremost concern for Indian mothers, with 61% of respondents identifying it as their top financial priority.
Term insurance has become the top financial priority for Gen Zs, driven by a strong desire for long-term security, affordability, and simplicity, a study has said.
Apart from this, the GeM has also facilitated hiring of 1 million manpower resources.
The Reserve Bank of India (RBI) has directed large non-banking financial companies (NBFCs) to disclose the total charges levied on customers for each loan product.
Over 80% of the health insurance policyholders believe that there are delays in claims which are intentional, designed to pressure policyholders into accepting lower claim amounts.
As per the data, of the total Rs 1.17 trillion claims under health insurance of general as well as standalone health insurers, only Rs 83,493.17 crore or 71.29 per cent were paid during the year ending March 2024.
PhonePe on Tuesday announced the launch of a new and affordable insurance plan for dengue and malaria on its platform, starting at just Rs. 59 per year.
Union Finance Minister Nirmala Sitharaman on Monday said the cost of insurance to the policy holder is expected to come down if the GST Council recommends a reduction in GST rate on health and life insurance policies.
