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Online insurance News

20 May 2021

IRDAI slaps Rs 24 lakh penalty on Policybazaar, here’s why

The web aggregator had sent SMS to about 10 lakh customers. The SMS said that life insurance prices are set to increase from April 1. Irdai sought an explanation from Policybazaar on April 7, 2020.

Online purchase

07 May 2015

'Online buying of non-life insurance schemes rising in India'

Online purchase of non-life insurance policies in the country is on a rise, while motor insurance attracts the maximum number of customers, a study said on Thursday.

Online insurance sales

09 Nov 2014

Online insurance sales to touch Rs 15,000 cr by 2020: Report

Online insurance sales market in India would be around Rs 3,500-Rs 6,000 crore for life insurance and Rs 11,000-Rs 15,000 crore for non-life insurance, the report said.

25 Jun 2014

'75% of insurance sales to be online by 2020'

As many as three-fourths of insurance policies sold by 2020 will be influenced by digital channels, says a report by global management consulting firm Boston Consulting Group and Google India.

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