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HMPV Alert: Health Minister Warns People Aged Between 5 & 70 Years Most Susceptible2 Min Read

HMPV Alert: Health Minister Warns People Aged Between 5 & 70 Years Most Susceptible

For the past few days, the socio-consciousness of the people of the country has been tense and anxious after cases of HMPV have been reported from certain pockets of the country. The Health Ministry also warned that people between 5 and 70 are most susceptible to this virus. The tension arose after the outbreak in China was reported days ago and cases were detected in certain states.

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Published on January 10, 2025
Study Says Nearly Half of Indian Policyholders Faced Health Insurance Claim Rejections in the Last Three Years2 Min Read

Study Says Nearly Half of Indian Policyholders Faced Health Insurance Claim Rejections in the Last Three Years

According to a study conducted by social media portal and survey firm LocalCircles over half of Indian respondents who filed claims in the past three years said their claims were rejected or partially approved for invalid reasons. The survey also found that 83% of respondents believe health insurers lack transparent, web-based communication systems for claim processing.

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Published on January 10, 2024
Budget 2025 Expectations: What is in Store for the Insurance Sector?2 Min Read

Budget 2025 Expectations: What is in Store for the Insurance Sector?

Finance Minister Nirmala Sitharaman is all set to table the Union Budget 2025 in the Lok Sabha on February 1 at 11:00 am. Amid this buzz, citizens and industry leaders across segments are eyeing a slew of measures to be announced that would set the country on a path of sustainable growth. The insurance sector is optimistic before the budget session on reforms that could shape the sector in a futuristic way.

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Published on January 10, 2025

Car Insurance News

Chinese Automobile Company BYD to Focus on Rs 25-45 Lakh Price Range Vehicles in India2 Min Read

Chinese Automobile Company BYD to Focus on Rs 25-45 Lakh Price Range Vehicles in India

Chinese electric automaker BYD to focus on launching vehicles in the Rs 25-45 lakh price range in India. BYD’s Head of Electric Passenger Vehicles in India Rajeev Chauhan confirmed this to Business Standard. Rajeev further states that BYD continues to evaluate customer preferences and demand in more affordable segments.

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Published on January 20, 2025
Chinese Automaker BYD Surpasses Tesla to Become Largest Producer of Electric Cars Globally2 Min Read

Chinese Automaker BYD Surpasses Tesla to Become Largest Producer of Electric Cars Globally

Chinese automaker BYD has surpassed Tesla to become the largest producer of pure electric cars globally. This milestone underscores BYD's rapid growth and strategic initiatives in the global EV market. In December 2024, BYD delivered 207,734 all-electric vehicles, a 9% increase from the same period the previous year. As reported by the Economic Times, the company delivered about 595,000 vehicles in the 4th quarter, which is more than Tesla's record of just under 496,000 EVs.

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Published on January 7, 2025
Sale of Electric Vehicles to Surge in 20252 Min Read

Sale of Electric Vehicles to Surge in 2025

In the year 2025, we might witness an increase in sales for electric vehicles (EVs), with green cars launching across various price ranges, most of them SUVs. Nearly every carmaker, Maruti Suzuki, Hyundai, luxury brands Mercedes and Audi, local giants Mahindra and Tata Motors, and China's BYD plans to roll out EVs. This wave comes despite concerns over slow adoption and limited charging infrastructure.

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Published on January 7, 2025

Two Wheeler Insurance News

Electric Two Wheelers to Form 50% Share of Scooter Market by 20302 Min Read

Electric Two Wheelers to Form 50% Share of Scooter Market by 2030

Hero Moto, the country’s largest two-wheeler maker believe that electric two wheelers will capture 50% of the scooter market by 2030. Even though leadership in the category will be like “Russian roulette” in the short-term as newer and older players fight for market share, electric two wheeler will form maximum share in the scooter market in coming years.

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Published on January 20, 2025
Indian Electric Two Wheeler Companies Believe That Battery Swapping is Currently Unviable2 Min Read

Indian Electric Two Wheeler Companies Believe That Battery Swapping is Currently Unviable

Indian electric two-wheeler (e2W) companies believe that “swapping” of batteries is currently unviable and will only increase the cost for a consumer to run the vehicle, making it an unattractive proposition. They were responding to a big push suggested by Commerce Minister Piyush Goyal in a meeting with auto companies in which he emphasised the need for battery swapping.

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Published on January 7, 2025
Uber Launches Bike Taxi Service For Women in Bengaluru Under ‘Moto Women’ Initiative2 Min Read

Uber Launches Bike Taxi Service For Women in Bengaluru Under ‘Moto Women’ Initiative

Uber has launched a pilot program in the city called ‘Moto Women’, exclusively for women two-wheeler riders. According to the company, this on-demand service connects female riders with female drivers. Under the ‘Moto Women’ initiative, around 300 women drivers will operate. “According to a KPMG report titled ‘Unlocking the potential of bike taxis in India’, over 280 million bike taxi rides were completed across platforms in 2022.

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Published on December 16, 2024

Home Insurance News

Los-Angeles Fires: Mammoth Destruction Claims Lives and Livelihood2 Min Read

Los-Angeles Fires: Mammoth Destruction Claims Lives and Livelihood

On January 7, 2025, a fire erupted in the Pacific Palisades neighbourhood, which is assumed to be driven by severe Santa Ana winds and drought conditions. It rapidly consumed thousands of acres, destroying numerous homes, including those of celebrities like Paris Hilton and Bella Hadid. Simultaneously, the Eaton Fire ignited in Altadena, further contributing to the widespread devastation.

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Published on January 16, 2025
Top 30 Tier II Cities See up to 65% Surge in Housing Prices, Jaipur Takes The Lead2 Min Read

Top 30 Tier II Cities See up to 65% Surge in Housing Prices, Jaipur Takes The Lead

According to NSE-listed data analytics firm PropEquity, the weighted average price of the newly launched residential projects in top 30 Tier-II cities surged up to 65 percent in the one year to October 2024. In North India, Jaipur saw the highest rise in weighted average price of newly launched projects at 65 percent from Rs 4,240 per square feet (sqft) to Rs 6,979 per sqft in the last one year.

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Published on December 23, 2024
Survey Shows Millennials Prefer Home Ownership Over Rented Apartments2 Min Read

Survey Shows Millennials Prefer Home Ownership Over Rented Apartments

A survey done by property consultant Savills India revealed that millennials (those born between 1981 and 1996) are gravitating towards home ownership, while Gen X and elders (born between 1965 and 1980 and earlier) are considering to own larger homes.

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Published on December 23, 2024

Travel Insurance News

Morocco Surpasses Egypt as Africa’s Top Tourist Destination2 Min Read

Morocco Surpasses Egypt as Africa’s Top Tourist Destination

In 2024, Morocco attracted a record 17.4 million tourists, surpassing Egypt to become Africa’s most visited country. This 20% increase from 2023 is attributed to new air routes, enhanced hotel infrastructure, and effective promotions. Tourism now contributes about 7% to Morocco’s GDP.

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Published on January 15, 2025
Vietnam Sets Ambitious Tourism Targets for 20252 Min Read

Vietnam Sets Ambitious Tourism Targets for 2025

Vietnam aims to welcome 22–23 million international tourists in 2025, surpassing pre-pandemic levels. This target represents a 31% increase from 2024’s 17.5 million foreign visitors. The government plans to enhance infrastructure and promotional activities to position tourism as a key economic driver.

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Published on January 15, 2025
Israel Introduces E-Visa for Indian Tourists2 Min Read

Israel Introduces E-Visa for Indian Tourists

Effective January 1, 2025, Israel has launched an e-Visa system for Indian travelers, streamlining the visa application process by allowing online submissions and eliminating physical paperwork. This initiative aims to strengthen tourism ties between Israel and India, enhancing accessibility for individual tourists.

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Published on January 15, 2025

Cyber Insurance News

China Intensifies Crackdown on Illegal Data Handling2 Min Read

China Intensifies Crackdown on Illegal Data Handling

China’s state planner has announced a crackdown on illegal data handling, targeting black and grey markets that unlawfully obtain, sell, or provide data. The new regulations aim to enhance data security governance and prevent systemic risks to national security and social stability.

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Published on January 15, 2025
Illicit HuiOne Telegram Market Surpasses Hydra, Hits $24 Billion in Crypto Transactions2 Min Read

Illicit HuiOne Telegram Market Surpasses Hydra, Hits $24 Billion in Crypto Transactions

HuiOne Guarantee, a Telegram-based illicit marketplace, has facilitated over $24 billion in cryptocurrency transactions, surpassing Hydra as the largest online black market. Offering services like money laundering and stolen data, its rapid growth raises significant concerns for global cybersecurity and law enforcement.

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Published on January 15, 2025
The Growing Importance of Securing SaaS Attack Surfaces2 Min Read

The Growing Importance of Securing SaaS Attack Surfaces

The proliferation of SaaS applications has expanded organizational attack surfaces, introducing identity, data security, and third-party risks. Employees frequently create new SaaS accounts, often without IT oversight, increasing vulnerabilities. Effective SaaS governance and continuous monitoring are essential to mitigate these risks.

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Published on January 15, 2025
Awards & Recognition
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BFSI Leadership Awards 2022 - Product Innovator of the Year (Optima Secure)

ETBFSI Excellence Awards 2021

FICCI Insurance Industry
Awards September 2021

ICAI Awards 2015-16

SKOCH Order-of-Merit

Best Customer Experience
Award of the Year

ICAI Awards 2014-15

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CMS Outstanding Affiliate World-Class Service Award 2015

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iAAA rating

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ISO Certification

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Best Insurance Company in Private Sector - General 2014

View all awards