Valued at $1.1 billion, ACKO is India’s new unicorn
Investment led by General Atlantic and Multiples Private Equity takes the insurtech startup’s total fund count to $450 million.
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“We knew if we give good service and products, we will pull through”
“When distributors and clients see large entrenched players in the business, as a new player, you need to answer to everyone what you will do that others are not able to.”
The resilience of the insurance industry
The path to recovery may not be an easy one, but the industry will continue to play a pivotal role in getting the nation back on its feet.
Three game-changing rules for insurance companies
Insurers need to have speed, accuracy, and trust, or SAT, in these times to make their customers loyal.
The ‘new normal’ for financial services
According to a Capgemini Research Institute survey, while the pandemic propelled digital adoption, physical channels continue to remain significant for financial services consumers.
Budget booster for insurance sector
The Budget proposes to raise the 49% cap on foreign direct investment (FDI) in insurance companies to 74%, with governance and management safeguards.
Indian mutual funds set for bumper growth
According to CRISIL Research, the Indian mutual fund industry’s assets under management can touch the ₹50 lakh crore mark by March 2025, and multiple triggers will aid this massive growth.
How BPM giant WNS faced the Covid challenge
Chief executive Keshav Murugesh calls the pandemic a huge Supernova moment which has brought the future forward in a matter of days.
‘Digital is the new reality for life insurance’
The MD & CEO of Bajaj Allianz Life Insurance Company says the industry saw new business fall 32% in March as a result of Covid-19.
Axis Bank, Max Life to explore strategic tie-up
Axis Bank, Max Financial Services and its insurance arm Max Life are exploring an exclusive arrangement for a strategic long-term partnership to unlock value for stakeholders.
