Insurance

IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

IRDAI imposes Rs 5 crore fine on Policybazaar for regulatory violations

05 Aug 2025, 12:44 PM

A major violation involved the company's failure to inform regulators about key leadership personnel holding board positions at other firms.

Dhoni

Dhoni's investment firm backs insurtech startup Acko

30 Jul 2025, 15:02 PM

As part of the deal, Dhoni will additionally take on the role of brand ambassador for the platform.

Ajay Seth appointed as new IRDAI chief

Ajay Seth appointed as new IRDAI chief

29 Jul 2025, 13:04 PM

Ajay Seth's most recent role was as finance secretary, preceded by his tenure as secretary in the Department of Economic Affairs.

Go Digit net profit up 37% to Rs 138 crore in April-June

Go Digit net profit up 37% to Rs 138 crore in April-June

28 Jul 2025, 21:39 PM

The insurer posted gross premium written growth of 12% to Rs 2,982 crore during the June quarter.

Jupiter Money gets IRDAI approval to enter insurance distribution space

Jupiter Money gets IRDAI approval to enter insurance distribution space

17 Jul 2025, 12:41 PM

The licence allows Jupiter to sell both life and general insurance policies through its app.

Policybazaar parent posts Rs 4977 crore revenue and Rs 345 crore profit in FY25

Policybazaar parent posts Rs 4977 crore revenue and Rs 345 crore profit in FY25

19 May 2025, 15:35 PM

The Gurugram-based company generated the largest share of its operating revenue from insurance broker services, which rose to Rs 4,298 crore in FY25.

Perfios acquires health insurance tech firm IHX

Perfios acquires health insurance tech firm IHX

30 Apr 2025, 22:48 PM

The acquisition of IHX follows Perfios’ recent strategic acquisitions of two companies, Clari5 and CreditNirvana.

Go Digit founder-backed Valueattics becomes first private player to get reinsurer licence

Go Digit founder-backed Valueattics becomes first private player to get reinsurer licence

17 Mar 2025, 20:11 PM

As of now, state-owned General Insurance Corporation of India (GIC Re) is the only reinsurer in the country.

Policybazaar parent PB Fintech to invest Rs 696 crore in healthcare arm

Policybazaar parent PB Fintech to invest Rs 696 crore in healthcare arm

12 Mar 2025, 20:41 PM

PB Fintech would be holding up to 33.63% of PB Healthcare on a fully diluted basis.

PB Fintech

PB Fintech's Yashish Dahiya settles insider trading case with Sebi

05 Mar 2025, 22:12 PM

PB Fintech, parent entity of Policybazaar and Paisabazaar, has settled a case of alleged insider trading with Sebi by paying Rs 9.4 lakh as settlement amount.

InsuranceDekho raises $70 million round co-led by Beams Fintech, MUFG

InsuranceDekho raises $70 million round co-led by Beams Fintech, MUFG

04 Mar 2025, 16:07 PM

This capital will enable InsuranceDekho to expand reach, enhance tech-driven offerings, and solidify position, the company's founder Ankit Agrawal said.

Insurtech company Go Digit buys stake in Dr. Reddy’s Lab for Rs 30 crore

Insurtech company Go Digit buys stake in Dr. Reddy’s Lab for Rs 30 crore

27 Feb 2025, 00:37 AM

The investment in shares is being made in the ordinary course of the investment function of the company, Go Digit said.

Policybazaar patent PB Fintech posts 95% jump in Q3 profits to Rs 72 crore

Policybazaar patent PB Fintech posts 95% jump in Q3 profits to Rs 72 crore

03 Feb 2025, 15:43 PM

Insurance broking remained majority revenue driver at Rs 1,132 crore during Q3 FY25 from Rs 697 crore in Q3 FY24.

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