FDI Limit Should Be Raised To Boost Insurance Sector
The ongoing COVID-19 pandemic has resulted in heightened awareness about the effectiveness of insurance against health or life crisis. With the 2021 union budget fast approaching, the insurance…
Don't give up on chasing dreams: Balachander Sekhar, CEO of RenewBuy
Balachander Sekhar, a student of IIT Mumbai and IIM Calcutta, worked in the FMCG, banking and insurance sector for over 20 years. He was the CMO of PNB MetLife and the CEO of Reliance Retail…
Bite-sized covers are cheaper but know the limitations too
With demand for insurance shooting up after the covid-19 pandemic broke out, bite-sized plans are gradually gaining popularity (read). Last month, WhatsApp said it may start offering micro-…
Here's why digital is the way forward for transforming agent-customer relationship in insurance
Insurance is one sector in India that has a huge latent need but there is a lack of awareness and accessibility. There are around 700 million customers who have the need for insurance but want in…
RenewBuy ups marketing spends by 20%
2020 saw many businesses not only pivoting online, but also thriving and insurance is one such sector. To be sure, online claim processing or assessment, customer acquisition, instant policy as…
Confused about buying term insurance via online or offline channel? Here’s help
Term insurance policies are the simplest form of life insurance that pays out the sum assured if the insured dies during the term of the policy. The life insurance industry, which has…
RenewBuy to raise Rs 200 cr in third round
“The process has just commenced. Our existing investors are participating along with new investors,” RenewBuy chief executive officer Balachander Sekhar told ET. “A lot of interest is shown by new…
RenewBuy launches its maiden brand campaign
The company aims to make insurance simple and accessible to everyone. Through its digital, branchless model, it plans to expand its outreach to 1000 districts in the next two years. The brand…
RenewBuy to target 300 million people across India
RenewBuy plans to take the market leader positioning with the launch of its new brand campaign. The campaign is aimed at building brand awareness across the country, amongst masses and its core…