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Chennai: Edelweiss General Insurance (EGI), one of the fastest growing digital insurance companies in India, has appointed Madhu Malhotra, as its Chief Technology Officer.
Madhu will spearhead the Technology function at EGI and drive digital innovation in line with the brand’s strategy of transforming the insurance landscape in India through tech driven solutions and offerings.
Madhu is an eminent Technology leader who brings with her two decades of rich experience across FinTech and Telecom domains. She has a proven track-record in leading digital innovations, engineering modernisations & transformations and streamlining cloud initiatives. Madhu most recently served as head of Technology at Spectra. She was also associated with Airtel for 10 years and held many leadership positions there. While at Airtel Bank, she led the launch of the first payments bank of India, headed the financial inclusion vertical to deliver large scale customer impact and drove Agile adoption and
Two influential US lawmakers have applauded the Indian government s move to increase foreign direct investment in the insurance sector from the existing 49 per cent to 74 per cent, saying it will further deepen bilateral trade and investment. India s Parliament last month passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector. We are very encouraged by the inclusion of a proposal to raise the limit on foreign direct investment in the Indian Insurance sector from 49 per cent to 74 per cent, Congressman Brad Sherman and Steve Chabot said. This long-awaited reform holds the promise of expanding insurance coverage for Indian consumers and businesses, promoting both financial inclusion and economic resilience in India, they said.
US lawmakers welcome India s move to increase FDI in insurance sector to 74 per cent
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US lawmakers welcome India s move to increase FDI in insurance sector to 74 per centPTI
Last Updated: Apr 17, 2021, 11:08 AM IST
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Synopsis We are very encouraged by the inclusion of a proposal to raise the limit on foreign direct investment in the Indian Insurance sector from 49 per cent to 74 per cent, Congressman Brad Sherman and Steve Chabot said.
PTI
Two influential US lawmakers have applauded the Indian government s move to increase foreign direct investment in the insurance sector from the existing 49 per cent to 74 per cent, saying it will further deepen bilateral trade and investment.
US lawmakers back India s move to raise FDI in insurance sector to 74%
We are very encouraged by the inclusion of a proposal to raise the limit on foreign direct investment in the Indian Insurance sector from 49 per cent to 74 per cent, Congressman Brad Sherman and Steve Chabot said
PTI | April 17, 2021 | Updated 12:10 IST
Two influential US lawmakers have applauded the Indian government s move to increase foreign direct investment in the insurance sector from the existing 49 per cent to 74 per cent, saying it will further deepen bilateral trade and investment. India s Parliament last month passed the Insurance Amendment Bill 2021 to increase the foreign direct investment (FDI) limit in the insurance sector.
Term Insurance Witnesses Surge in Premium Prices: Reports PolicyX.Com s Insurance Price Index
Monday, April 5, 2021 10:30AM IST (5:00AM GMT)
In the first quarter of 2021, there is a significant jump in Term Insurance premium prices, whereas there is no change witnessed in the health insurance despite the continuous spread of COVID19.
New Delhi, Delhi, India: PolicyX.com, a leading insurance web aggregator, announces its quarterly ‘
Insurance Price Index’ for Quarter 1 2021 showcasing the shifts & trends in the premium price of Term Insurance and Health Insurance.
In the Term Insurance category, the Insurance Price Index indicates an uptick in the first quarter of 2021. There is a surge of 4.4%, increasing an average price of term insurance premium to Rs 21,913 in the index value.