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MUMBAI: Rural India is not yet insurance's largest market. But it is becoming its engine.Its share of life and health premiums has risen from 41% to 43%, while the urban share, by implication, is flattening. The marginal rupee of growth is shifting to non-metros. Nearly half of new premiums now come from rural-majority districts and cities with fewer than 10 lakh people, widening a market once concentrated in metros. If this trend persists, rural and semi-urban India will account for a dispropor ...Read More >
Gurugram (Haryana) [India], October 24: PB Wheels, a brand of PB Fintech group, recently expanded into preventive and end-to-end car maintenance services, scaling up its car care offerings for customers across India. With this expansion, PB Wheels now provides a comprehensive suite of services, including motor insurance claims facilitation, repairs, servicing, preventive maintenance, and value-added car care solutions. Also Read | Jammu and Kashmir: Man Sentenced to Life Imprisonment for Raping ...Read More >
New Delhi [India], September 26: In a significant move aimed at boosting the automobile sector, the Government of India has recently announced a reduction in Goods and Services Tax (GST) rates across various vehicle categories. This change is expected to make vehicles more affordable, especially in the small and medium segments, thereby encouraging first-time buyers and expanding household mobility. * This makes them more accessible for first-time buyers and enhances mobility for households. * ...Read More >
New Delhi [India], July 17 (ANI): The insurance industry in India is witnessing a slowdown, mainly due to the moderation in auto sales and a drop in corporate policy renewals, according to a recent research report by Nuvama. The report stated that the industry growth is expected to remain weak, largely driven by a slowdown in motor sales and lower corporate policy renewals. However, the impact of muted auto sales may be partially balanced by the recent hike in third-party (TP) premiums. The re ...Read More >
Tesla's entry into the Indian market has spurred insurance companies to offer specialized EV coverage. Liberty General Insurance and ACKO have been selected as insurance partners, providing tailored protection plans for Tesla owners. Zurich Kotak General Insurance has also launched 'EV Protect,' a comprehensive add-on cover for electric vehicles, including Tesla, ensuring peace of mind for EV owners. As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and A ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. Also Read | Ganeshotsav 2025: MSRTC To Run 5,000 Special Buses to Konkan From August 2 ...Read More >
New Delhi, Jul 15 (PTI) As Tesla announced its foray into the Indian market on Tuesday, Liberty General Insurance and ACKO said they have become insurance partners for the American electric carmaker in India. Liberty General Insurance said it has developed a suite of finely tuned protection plans that complement Tesla's engineering and performance excellence while anticipating the distinct needs of EV users. "At Liberty, we're deeply honoured to be among Tesla's preferred insurance providers f ...Read More >
Hyderabad: National Insurance Awareness Day is celebrated every year on June 28. This day focuses on the importance of having insurance and helps people understand its benefits. It also reminds everyone to regularly check their insurance plans to ensure they are current and meet their needs. Insurance offers security, covering loved ones and recovering losses in the event of damage, illness, or death. From term insurance to life insurance, to health insurance, to home insurance, to car insuranc ...Read More >
New Delhi [India], June 5: Reviewing your car insurance isn't just a yearly formality -- it's a smart way to keep your coverage in sync with how you drive your four-wheeler. Whether you've moved cities, upgraded your car, changed your commute, or bought a second-hand vehicle, your policy should reflect those changes. A regular review ensures your premiums, add-ons, and IDV still make sense and that you're not missing out on better deals. Thanks to online platforms, reviewing and updating your p ...Read More >
Mumbai, December 4, 2024: Turtlemint, a prominent InsurTech platform, recorded a substantial spike in its motor insurance sector during the FY'25 festive season. The company reported issuing over 400,000 motor insurance policies, marking a staggering 200% sales increase compared to the previous year. This growth was largely fueled by Tier 2 and 3 cities. With regional vehicle ownership rising, Turtlemint capitalized on the opportunity through its advisor network, ensuring maximum coverage and ...Read More >
VMPL Mumbai (Maharashtra) [India], December 4: Turtlemint, a leading InsurTech platform, has experienced exponential growth driven by a surge in its motor insurance business during the festive season of FY'25. The company has issued over 4 lakh motor insurance policies through its extensive network of insurance advisors, marking an almost 200% increase in sales compared to the same period last year. According to Turtlemint's data for FY25, the period starting from August to October has resulte ...Read More >
Mumbai (Maharashtra) [India], December 4: Turtlemint, a leading InsurTech platform, has experienced exponential growth driven by a surge in its motor insurance business during the festive season of FY'25. The company has issued over 4 lakh motor insurance policies through its extensive network of insurance advisors, marking an almost 200% increase in sales compared to the same period last year. Also Read | Why Is Maharashtra Assembly Winter Session Held in Nagpur? Know History and Reason Behind ...Read More >
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