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South India lags behind on retirement planning, 3 in 4 feel savings will exhaust within 10 years of retirement

19Oct

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ENGLISH, INDIA, INSURANCE

South India lags behind on retirement planning, 3 in 4 feel savings will exhaust within 10 years of retirement

South India lags behind on retirement planning, 3 in 4 feel savings will exhaust within 10 years of retirement Retirement index at 43, lags in health (39), emotional (59) and financial preparedness (47) compared to East and West Only 1 out of 4 understand the importance of financial security post retirement Majority depend on emotional support from family/ friends, more than 50% wish to stay with children post retirement Health remains a concern, with only 51% taking regular health check ups 17 October 2022, Chennai: Max Life Insurance Company Ltd. (“Max Life”/ “Company”), in partnership with Kantar- the world’s leading marketing data and analytics company, launched the second edition of the ‘India Retirement Index Study’ (IRIS). The study assesses urban India's readiness ...

Max Life launches ‘MediCheck’; an innovative real-time health analytics solution that drives superior customer experience

8Oct

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ENGLISH, INDIA, INSURANCE

Max Life launches ‘MediCheck’; an innovative real-time health analytics solution that drives superior customer experience

Max Life launches ‘MediCheck’; an innovative real-time health analytics solution that drives superior customer experience A pioneering in-house intelligence module to detect inaccurate medical reports and provide customer health scores basis medical data Helps strengthen medically issued books by focusing on medical report quality to improve customer experience Chennai, October 7, 2022: Max Life Insurance Company Ltd. (“Max Life” / “Company”), has launched ‘MediChec k’, a real-time analytics solution that leverages a digitized health registry to detect inaccurate medical reports an d to provide relative health scores of a customer. With the MediCheck solution Max Life can access accurate cus tomer medical records at the issuance stage, which will help minimize the chances of cla...

Max Life study reveals only 1 in 3 Indians prioritize financial readiness for retirement

6Oct

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ENGLISH, INSURANCE, TAMILNADU

Max Life study reveals only 1 in 3 Indians prioritize financial readiness for retirement

Max Life study reveals only 1 in 3 Indians prioritize financial readiness for retirement India Retirement Index remains at 44 in second edition of survey; dependence on family and children continue to be major barriers to plan for retirement investment 23% Indians do not even know where to begin their retirement planning Nearly 9 in 10 above age 50 regret not saving/investing towards retirement sooner Strong belief in ‘earlier the better’ for majority, as 59% believe savings will be exhausted within 10 years of retirement 69% consider life insurance as the most suitable product for retirement savings Retirement readiness highest in East Zone and Metros Men appear to be more financially anxious than women even though Index for both remain nearly same 29th Septem...

ACKO continues its hyperlocal approach to educate customers in Chennai, Ropes in Ravichandran Ashwin

3Oct

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ENGLISH, INSURANCE, TAMILNADU

ACKO continues its hyperlocal approach to educate customers in Chennai, Ropes in Ravichandran Ashwin

ACKO continues its hyperlocal approach to educate customers in Chennai, Ropes in Ravichandran Ashwin ACKO continues its hyperlocal approach to educate customers in Chennai, Ropes in Ravichandran Ashwin to drive the Brand Proposition of 'Welcome Change' The ad film draws a parallel between the olden times and the present, comically, to educate customers on buying insurance the ACKO way CHENNAI: From chariots to cars, we have evolved in the way we travel but have we also changed the way we buy and use insurance? The answer is no, and to change this, ACKO, India's first digital native insurer, has laun ched its latest campaign exclusively for the Chennai market, tying to its value proposition of 'Welcome Chang e.' The cost of Insurance can be a huge amount when buying a...

HDFC ERGO General Insurance Company, a leading private sector general insurance company, has launched ‘All Things EV,’

24Aug

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ENGLISH, INDIA, INSURANCE

HDFC ERGO General Insurance Company, a leading private sector general insurance company, has launched ‘All Things EV,’

HDFC ERGO launches country’s first Electric Vehicles Ecosystem – ‘All Things EV’ ‘All Things EV’ aims to facilitate and accelerate the adoption of Electric Vehicles by addressing the needs of current and future EV owners. The platform can be accessed on www.allthingsev.io Mumbai, August 22, 2022: HDFC ERGO General Insurance Company, a leading private sector general insurance company, has launched 'All Things EV,' the country’s first one-stop-solution portal for Electric Vehicles (EV). In li ne with the Government of India’s push for Electric Mobility, this initiative caters to the needs of existing & po tential EV users. As a part of this initiative, the Company has unveiled a dedicated platform for existing and prospective EV eco system users - www.allthingsev.io, ...

TATA AIA Life Insurance & City Union Bank Announce Partnership

14Jul

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ENGLISH, INSURANCE, TAMILNADU

TATA AIA Life Insurance & City Union Bank Announce Partnership

TATA AIA Life Insurance & City Union Bank Announce Partnership Partnership will make available a wide range of life insurance and wellness solutions across consumer segments of all CUB branches Product range to include life protection (term insurance), guaranteed and market-linked savings plans, retirement/ pension plans, critical illness and hospitalisation benefit covers. Step forward in Tata AIA’s endeavour towards increasing Life Insurance Penetration in India Chennai, July 08, 2022: One of India's leading life insurance companies, Tata AIA Life Insurance Co Ltd, today an nounced a strategic alliance with City Union Bank (CUB) to offer life and health insurance solutions to the Bank’s consumers. This partnership brings together two respected consumer centric brands ...

Star Health and Allied Insurance and IDFC FIRST Bank announce Bancassurance tie-up

29Jun

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ENGLISH, INDIA, INSURANCE

Star Health and Allied Insurance and IDFC FIRST Bank announce Bancassurance tie-up

Star Health and Allied Insurance and IDFC FIRST Bank announce Bancassurance tie-up India, 28 June 2022: Star Health and Allied Insurance, one of the leading Health Insurance companies in India, has signed a Corporate Agency agreement with IDFC FIRST Bank, for distribution of it’s health insurance soluti ons. Under this strategic agreement, Star Health and Allied Insurance will offer its best in class health insurance pro ducts to the Bank’s customers using IDFC FIRST Bank’s state of the art digital platform and its wide distribution network. Mr. Anand Roy, Managing Director, Star Health and Allied Insura nce Co. Ltd, shares, “We, at Star Health, believe t hat health insurance is essential for every citizen. Our strategic tie-up with IDFC First Bank is a step further in making h...