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 of India’s fastest-growing general insurance companies. The transaction, valued at USD 488 million, marks a major milestone as the largest foreign insurer investment in India since the relaxation of ownership […]
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 actyv.ai’s AI-driven platform, Kotak General Insurance aims to support the business sustainability of these growing companies. This strategic partnership represents a significant step towards leveraging AI in insurance, addressing business […]
