Aviva achieves double-digit growth in Q3 2024 driven by diversified strategy

Pallavi Madhiraju- November 17, 2024

Aviva plc has reported a stellar performance in its Q3 2024 trading update, showcasing resilience and growth amidst dynamic market conditions. The UK-based insurance giant ... Read More

Zurich Insurance to acquire majority stake in Kotak Mahindra General Insurance for $488m

Pallavi Madhiraju- November 2, 2023

Zurich Insurance Group has made a groundbreaking move by announcing its proposed acquisition of a 51% stake in Kotak Mahindra General Insurance Company Limited, one ... Read More

Kotak General Insurance, actyv.ai to support MSMEs with customized insurance solutions

Pallavi Madhiraju- June 26, 2023

Kotak Mahindra General Insurance is partnering with insurtech company actyv.ai to offer customized, bite-sized insurance solutions to Micro, Small, and Medium Enterprises (MSMEs). By harnessing ... Read More

Western Australia-based Mavco Insurance acquired by Arthur J. Gallagher

Pallavi Madhiraju- May 15, 2023

Global insurance brokerage Arthur J. Gallagher & Co. has acquired Mavco Insurance Group, an Australian general insurance broker and risk management firm, for an undisclosed ... Read More

Kotak Mahindra General Insurance taps Clootrack to enhance CX with AI

Pallavi Madhiraju- January 10, 2023

Clootrack, an artificial intelligence (AI)-driven, real-time customer experience platform, said that Kotak Mahindra General Insurance Company, a fully-owned subsidiary of Kotak Mahindra Bank, has partnered ... Read More

RattanIndia Enterprises’ Neotec Insurance Brokers gets IRDAI licence

Pallavi Madhiraju- December 9, 2022

RattanIndia Enterprises Ltd. (REL) said that the Insurance Regulatory and Development Authority of India (IRDAI) has granted insurance direct broker licence to its fully-owned subsidiary ... Read More

Tamilnad Mercantile Bank to offer life and general insurance products

Pallavi Madhiraju- November 29, 2022

Tamilnad Mercantile Bank (TMB) has entered into a partnership with Max Life Insurance Company and Cholamandalam MS General Insurance to launch the marketing of life ... Read More

HDFC ERGO chooses Google Cloud to enable customers buy insurance online

BNT Reporter- September 12, 2022

HDFC ERGO General Insurance, an Indian insurance company, has partnered with Google Cloud to develop a technology platform that will allow its customers to buy ... Read More

Allianz proposes to acquire European Reliance General Insurance for €207m

Pallavi Madhiraju- February 12, 2022

Allianz SE has offered to acquire European Reliance General Insurance Company, a Greek insurer, for a sum of around €207 million. The German insurance giant ... Read More

Steadfast Group acquires Australian insurance broker Coverforce for $293m

Pallavi Madhiraju- August 20, 2021

Australian insurance broking network Steadfast Group has wrapped up the previously announced AUD 411.5 million ($293.62 million) acquisition of Coverforce Holdco. Coverforce is an Australian ... Read More