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News
???1 crore fine penalty: Why did IRDAI penalise Canara HSBC for mis-selling insurance to an 88-year old? What went wrong
1+ day, 16+ hour ago (407+ words) The Insurance Regulatory and Development Authority of India (IRDAI) has levied a ₹1 crore penalty on Canara HSBC Life Insurance Company Limited over mis-selling of a life insurance policy to an 88-year-old customer, according to a Moneycontrol report. The regulatory proceedings…...
Search interest for 'financial protection' increases by 130%
2+ week, 5+ day ago (87+ words) Cover Magazine Searches for âemergency savings' are up by 950% compared to the year prior, with interest in âincome protection' also up by 30% Cost considerations are becoming important for those searching income protection Searches for 'income protection cost' and…...
How to compare life insurance quotes
3+ week, 4+ day ago (924+ words) It's important to shop around and compare life insurance quotes before you make a final decision. We'll walk you through how to do just that....
Liberty Mutual and Safehub Team Up on Parametric Earthquake Payouts
3+ week, 4+ day ago (239+ words) In an uncertain world it’s good to know that parametric payouts are being actioned after Cat events; Liberty Mutual Reinsurance (LM Re), part of Liberty Mutual Insurance Group, in partnership with Safehub has made the world’s first earthquake parametric payment…...
Advisers need to be preserving cover, not just selling it - IFA
1+ mon, 21+ hour ago (529+ words) Though it may seem morbid to many, life insurance is something that holders lean on to offer safety and security for their future. But as domestic and international circumstances continually drive the cost of living up, holding a policy can…...
Life Insurance policy Surrenders: Why more Indians are surrendering life insurance policies before maturity
1+ mon, 1+ day ago (510+ words) Premature Insurance Policy Surrender: Life insurance surrenders have surged, with early exits concentrated in the first two years. Why are policyholders leaving policies early despite tighter disclosure and suitability rules?...
A register can tell you who mis-sold an insurance policy. It cannot tell you why
1+ mon, 3+ day ago (667+ words) At the silver jubilee gathering of the insurance brokers' association in Delhi last week, insurance regulator Irdai's chairman, Ajay Seth, made a proposal that is hard to argue against: every policy should be traceable to the person who sold it,…...
insureMO Congratulates its Customer Union Assurance on Winning the 2026 Celent Model Insurer Award
2+ mon, 2+ day ago (447+ words) The Manila Times insureMO Congratulates its Customer Union Assurance on Winning the 2026 Celent Model Insurer Award SINGAPORE, July 10, 2026 /PRNewswire/ -- insureMO, the global leading insurance Middle Office Platform provider, extends its warmest congratulations to its customer Union Assurance PLC (UA) on…...
‘Recession-Proof’ Insurance Is Trending. Safety Net or Scam?
2+ mon, 1+ week ago (1031+ words) Man, phone and surprised with bad news in home with wow emoji, shocked and anxiety with notification. African person, smartphone and stress with online phishing, internet glitch and 404 spam problem Imagine an all-in-one financial product that lets you save for…...
Recognized as a Top Business Insurance Service Provider for 2026
2+ mon, 1+ week ago (231+ words) Let’s have a frank conversation. by Frankenmuth Insurance | Jun 30, 2026 | General When choosing a business insurance provider, coverage and cost matter, but what truly defines the experience is how your insurer shows up when it counts. That’s why we’re proud to…...