Search results
Results from the WOW.Com Content Network
The company was founded in 2006, with more than $1 billion in equity, by Robert Clements and his son John Clements, two long-time insurance investors. [ 7 ] [ 8 ] [ 9 ] Ironshore named Kevin Kelley as CEO in December 2008.
HDFC Ltd. And ERGO International AG formed a joint venture firm named HDFC ERGO General Insurance Company Limited. [3] ERGO became a 49% stakeholder in the Company in 2015. In June 2019, HDFC announced plans to acquire a 51.2 percent stake in Apollo Munich Health Insurance and later merged it with its general insurance arm, HDFC ERGO. [4]
The company has a self-service app, FG Insure, which allows customers to manage their policies, purchase and renew insurance, report claims, and track their status. [11] In 2016, FGII launched i-MoSS, an application for motor claim surveyors for faster settlement of motor claims. [12]
An automatic renewal clause is used in the insurance and healthcare industries . An automatic renewal clause (also referred to as an evergreen clause), is activated towards the end of the contractual period whereby it automatically renews the terms of an agreement except when the contract is terminated (through mutual agreement or contract breach), or one of the contracting parties has sent a ...
ICICI Lombard General Insurance Company Limited is an Indian general insurance company headquartered in Mumbai, Maharashtra. ICICI is engaged with general insurance, reinsurance, insurance claims management and investment management. [3] The company has a Gross Written Premium of ₹217.71 billion (FY2023).
The company is India's largest insurance aggregator, [6] and has expanded its operations to the United Arab Emirates. [ 7 ] [ 8 ] [ 9 ] Policybazaar is the flagship subsidiary of PB Fintech Ltd. , which also owns the credit product aggregator Paisabazaar .
The life insurance arm was established as a joint venture between ICICI Bank Limited and Prudential Corporation Holdings Limited. [10] [11] In 2016, ICICI Prudential Life became the first insurance company to be listed in Indian stock exchanges, namely Bombay Stock Exchange and National Stock Exchange. [12]
Acko General Insurance is a private sector general insurance company in India. [ 1 ] [ 2 ] Founded in November 2016, the company received its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017.