Why insurance claims on EVs catching fire may get rejected
With numerous news reports of electric scooters catching fire in the country coming to the fore, the question to ask is whether damages arising out of such incidents are covered…
General insurers see growth in EV insurance demand, but safety concerns could push up premiums
For insurers, the electric vehicle insurance segment is work in progress and the recent incidents of fire have added to pricing complexities. Brace yourself for higher EV premiums if the recent…
General insurers see growth in EV insurance demand, but safety concerns could push up premiums
For insurers, the electric vehicle insurance segment is work in progress and the recent incidents of fire have added to pricing complexities. Brace yourself for higher EV premiums if the recent…
How to bring employees from bed to offices? Workplace design revamps may be the answer!
Working in pyjamas on a bed, with a Cappuccino, has been the modus operandi for remote workers. But here comes 2022. Now, students aren't alone in dreading when mentors share a message, “Let’s get…
Five digital integrations which are changing the equations in insurance space
India’s insurance penetration continues to be low at 4.2%, with a nominal increase from 2.7% in 2001, while that of other Asian countries such as China, Malaysia, and Thailand were at 4.3%, 4.72…
How automation is bringing advantage to core insurance functions?
The insurance segment, over the years majorly depended on the traditional branch-led manual model. Physical interactions, visiting an insurance office for end-to-end insurance process, multiple…
How RenewBuy automated its different processes to better the customer experience
The digital insurance industry is one that is still gaining momentum in the country and it is exciting to see how insurance companies like RenewBuy are using AI/ML to automate processes like…
Tech can reduce turnaround time for claim settlements by around 70%: RenewBuy
Insurance is not just a product that consumers can buy and safeguard for the future; it is also a commitment that consumers expect the insurance company to fulfil when they face the most difficult…
RenewBuy appoints Gautam Bansal as Chief Financial Officer
Leading InsurTech player, RenewBuy, has announced the appointment of Gautam Bansal, as its Chief Financial Officer. The appointment is in line with the company’s mission of accelerated business…