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Health Insurance News

WHO Report: India Is Among The Nations With Highest Burden Of Viral Hepatitis2 Min Read

Health Ministry Directs E-Commerce Platforms To Remove Drinks & Beverages From ‘Health Drink’ Category

The government has recently directed the e-commerce sites to remove all drinks and beverages from the ‘Health Drink’ section, stating that there is no such thing as ‘health drink’ defined under the country’s food and safety standards laws. While this will not impact the manufacturers much they might have to work on their packaging again without misleading consumers.

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Published on Apr 16, 2024
Indian Population Shows Heightened Awareness Towards Cancer Screening2 Min Read

Indian Population Shows Heightened Awareness Towards Cancer Screening

The government has recently directed the e-commerce sites to remove all drinks and beverages from the ‘Health Drink’ section, stating that there is no such thing as ‘health drink’ defined under the country’s food and safety standard laws. While this will not impact the manufacturers much if they have used such terms for advertising they have to work on their packaging again without misleading consumers.

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Published on Apr 16, 2024
Government Counters Lancet’s Lack of Accuracy Charge2 Min Read

Government Counters Lancet’s Lack of Accuracy Charge

Recently Lancet has criticised India’s health data transparency to which government officials have responded stating that India has a robust system of documenting births and deaths under the Registration of Births and Death Act 1969 through the Civil Registration System. They also said that more than 90% of births and deaths were registered online on the state or national portals.

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Published on Apr 16, 2024

Car Insurance News

Car Wash Gets Banned in Uttarakhand Amid Water Crisis2 Min Read

Car Wash Gets Banned in Uttarakhand Amid Water Crisis

Uttarakhand Chief Minister Pushkar Singh Dhami instructs all District Magistrates (DMs) to ensure that the cars in workshops are "dry washed" instead of using water. As the temperature in Uttarakhand soars in summer, the water shortage in the hilly state has worsened. This water crisis, doubled with lower rainfall and snowfall these winters, has promoted the state government to ban the washing of cars using water. Six Uttarakhand cities, including Dehradun, have reported severe water crisis.

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Published on May 06, 2024
Indian Passenger Vehicle Segment Records Sale of 4.21 Million Units in FY20242 Min Read

Indian Passenger Vehicle Segment Records Sale of 4.21 Million Units in FY2024

The Indian passenger vehicle segment record sale of over 42 lakhs in FY2024. This figure has increased 8.22% over FY2023(3.89 million units). UVs, which comprise of SUVs and MPVs, continue to be the highest contributor this year too. SUVs accounted for 51% of the overall PV wholesales in FY23. Maruti leads in sale of passenger vehicle with over 17 lakh, Hyundai and Tata are second and third, respectively.

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Published on Apr 18, 2024
Tesla Plans to Collaborates With Reliance For EV Plant in India2 Min Read

Tesla Plans to Collaborates With Reliance For EV Plant in India

As per reports by Business Line Tesla is engaged in discussions with Reliance Industries Limited (RIL) for a potential joint venture to set up a electric vehicle manufacturing facility in India. According to an insider familiar with the matter, these talks have been in progress for over a month. However, the source emphasised that this should not be concluded as RIL's entry into the automobile sector. Rather, RIL aims to bolster electric vehicle capabilities in India through this partnership.

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Published on Apr 10, 2024

Two Wheeler Insurance News

Two-Wheeler Manufacturers Report Double Digit Growth in April Sales2 Min Read

Two-Wheeler Manufacturers Report Double Digit Growth in April Sales

Top two-wheeler players like Hero MotoCorp, Honda Motorcycle & Scooter India, Bajaj Auto and TVS report double digit growth in their domestic sales in April 2024. Two-wheelers have performed better compared with passenger vehicles in April. Hero MotoCorp leads the sales chart with a jump of 33% compared to the same month previous year. Suzuki Motorcycle reports 31% growth in domestic sales while TVS sales increased by 29% in the same month a year ago.

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Published on May 06, 2024
Royal Enfield to Extend Its Premium Market Positioning in Electric Segment2 Min Read

Royal Enfield to Extend Its Premium Market Positioning in Electric Segment

Royal Enfield’s electric bike to target premium buyers as it plans to extend its premium positioning to the electric segment too. Royal Enfield gets ready to launch its maiden electric motorcycle in 2025. However, unlike its present lineup targeting a limited addressable market, the company will not restrict itself to a few segments but will have a wider offering of EVs.

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Published on April 24, 2024
Ola Electric Reduces Price of S1X2 Min Read

Ola Electric Reduces Price of S1X

Ola Electric has drastically reduced prices of S1X scooter. The S1X series now comes with three battery configurations – 2kWh, 3kWh, and 4kWh with price at Rs 69,999, Rs 84,999 and Rs 99,999 respectively. As per reports by TOI the company says the deliveries for the S1X models will begin across the nation starting from next week. Ola Electric also has updated pricing of other models.

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Published on Apr 16, 2024

Home Insurance News

Delhi Municipality Surveys Dangerous Buildings Ahead of Monsoons2 Min Read

Delhi Municipality Surveys Dangerous Buildings Ahead of Monsoons

The Municipal Corporation of Delhi (MCD) has begun a survey to identify dangerous buildings in the national capital prior to the monsoons to ensure the safety of people residing in and around these buildings.

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Published on May 10, 2024
Office Property Rent Surges By 8% in March Quarter Says Report2 Min Read

Office Property Rent Surges By 8% in March Quarter Says Report

According to the Colliers’ Asia-Pacific Office Markets April 2024 report India's top office markets experienced up to an 8 percent year-on-year rise in rentals in the January-March period, with Delhi-NCR leading the pack.

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Published on May 10, 2024
MoEF Gives A Nod For Gurugram’s Global City Project2 Min Read

MoEF Gives A Nod For Gurugram’s Global City Project

The Global City Project in Gurugram backed by HSIIDC finally gets a clearance from The Ministry of Environment, Forest and Climate Change. The prestigious project coming up in Gurugram sectors 36B, 37A and 37B.

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Published on May 10, 2024

Travel Insurance News

Hawaii Tightens Regulations on Short-Term Vacation Rentals2 Min Read

Hawaii Tightens Regulations on Short-Term Vacation Rentals

Hawaii enforces Senate Bill 2919, allowing counties to regulate short-term vacation rentals, aiming to address housing needs and prevent wildfires. The law empowers counties to tax and regulate rentals akin to hotels, with Maui County planning to eliminate 7,000 rentals. Other destinations, like New York City, are also tightening regulations on vacation rentals.

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Published on May 09, 2023
Celebrating Excellence: World Travel Awards Honors Middle East's Tourism Leaders2 Min Read

Celebrating Excellence: World Travel Awards Honors Middle East's Tourism Leaders

The World Travel Awards unveils its Middle East winners at the Arabian Travel Market. Saadiyat Island and Abu Dhabi clinched top honors, while Jumeirah Al Naseem and Qatar Airways were recognized for excellence. Lumi Rental, a key sponsor, aims to revolutionize travel experiences, underscoring Saudi Arabia's commitment to tourism innovation.

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Published on May 09, 2023
North Rim of Grand Canyon Set to Reopen for Summer Season2 Min Read

North Rim of Grand Canyon Set to Reopen for Summer Season

The Grand Canyon's less-visited North Rim reopens next week, inviting travelers to explore its breathtaking beauty until October 15. Daily Park Ranger programs and access to stunning lookout points await visitors. Despite last year's delayed opening due to heavy snowfall, this season promises ample opportunities for adventure and exploration.

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Published on May 09, 2023

Cyber Insurance News

Meta and Georgia Tech Join Forces to Advance AI Solutions for Carbon Capture2 Min Read

Meta and Georgia Tech Join Forces to Advance AI Solutions for Carbon Capture

Meta and Georgia Tech collaborate to create an open dataset, OpenDAC, aimed at accelerating AI solutions for carbon capture technology. The database allows faster design and implementation by training AI models, potentially revolutionizing climate solutions. Their research, published in ACS Central Science, showcases the project's potential to address global warming effectively.

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Published on May 09, 2024
Microsoft Develops MAI-1 AI Language Model to Rival Google and OpenAI2 Min Read

Microsoft Develops MAI-1 AI Language Model to Rival Google and OpenAI

Microsoft is training a new in-house AI language model, MAI-1, overseen by Mustafa Suleyman, Google DeepMind co-founder. Larger than previous models, it aims to compete with Google and OpenAI. MAI-1's purpose remains undetermined, with potential preview at Microsoft's Build conference. The move signals Microsoft's ambition to advance in the generative AI race.

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Published on May 09, 2024
Netflix Shifts Strategy: From Subscribers to Revenue2 Min Read

Netflix Shifts Strategy: From Subscribers to Revenue

Netflix announces plans to halt subscriber number reporting from 2025, emphasizing revenue and user engagement metrics instead. This strategic pivot reflects a move towards advertising and additional member features for revenue generation. Analysts see this shift as a departure from traditional metrics, potentially influencing industry reporting practices.

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Published on May 09, 2024
Awards & Recognition
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BFSI Leadership Awards 2022 - Product Innovator of the Year (Optima Secure)

ETBFSI Excellence Awards 2021

FICCI Insurance Industry
Awards September 2021

ICAI Awards 2015-16

SKOCH Order-of-Merit

Best Customer Experience
Award of the Year

ICAI Awards 2014-15

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CMS Outstanding Affiliate World-Class Service Award 2015

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iAAA rating

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ISO Certification

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Best Insurance Company in Private Sector - General 2014

View all awards