1+ week, 5+ day ago   (378+ words) Artificial intelligence is playing a significant role in transforming the insurance sector by improving customer interactions, application processing, product development and claims processing, according to PB Fintech Ltd. The technology has also become important for improving operational efficiency and expanding…...

1+ week, 5+ day ago   (330+ words) InsuranceDekho and the RenewBuy group on Tuesday announced the consolidation of their businesses to create a unified pan-India insurance distribution platform, with the combined entity having a premium book of more than Rs 6,600 crore and a network of over 6 lakh…...

5+ day, 4+ hour ago   (173+ words) Asianet Newsable For the April-August period, industry retail APE increased around 14 per cent, with private insurers growing 13 per cent and LIC recording 15 per cent growth. LIC's retail weighted received renewal premium (RWRP) market share also improved by around 40 basis points…...

3+ week, 3+ day ago   (239+ words) India's insurance sector could see a stronger year ahead as life insurers post robust growth and health insurers benefit from improved new business and lower claims, even as insurance stocks have remained under pressure, according to a report by Kotak…...

4+ week, 1+ day ago   (256+ words) Artificial intelligence is increasingly helping insurance companies reduce the time and resources spent on repetitive administrative work, as insurers move AI from isolated pilot projects into everyday operations, according to a report by Get Covered an insurance tech firm. The…...