Tejas Jain News Today

Udaipur : A horrific accident on the Udaipur-Ahmedabad National Highway claimed the lives of two brothers from Surat, Gujarat, on Tuesday afternoon. The tragedy unfolded near the old police station in the Parsad police station area of Salumbar district. According to local police reports, an out-of-control trailer truck swerved across the highway, slamming head-on into

Experts in the insurance industry are pushing for significant adjustments in taxation, regulation, and technology in the budget.

One major expectation is higher government investment in the insurance sector. Higher budgetary allocation, they believe, will provide the sector with the requisite impetus

Tejas Jain, founder of Bimakavach, told ET that he is building an entire suite of insurance products that new-age small- and medium-sized businesses will need to keep their operations safe and cyber insurance is a key product in that stack.

One of the cleanest cities of India, this Madhya Pradesh city has been building a conducive environment for many SMEs. The city also plays host to the first SIDBI-ET MSME Summit.

Generally higher claims and lack of strong IT systems for SMEs is causing insurers to be wary about offering these products actively.

BimaKavach sells corporate insurance products, mainly targeting small and medium enterprises. It currently has a portfolio of 18 insurance products, broadly categorised into liability, asset, engineering, marine, and group health insurance.

A user tweet pointing out the uncanny resemblance between Jimmy Shergill and Pedro Pascal has the Internet's attention.

BimaKavach will use the funds to develop risk covers of new-age businesses and invest in risk management technology

Bangalore (Karnataka) [India], October 6 (ANI/NewsVoir): Indore-based BimaKavach, a business InsurTechstartup, has raised USD 2m in seed funding led by WaterBridge Ventures, along with Blume Ventures, Arali Ventures and Eximius Ventures. The company aims to utilise these funds for designing new-age business risk covers, investing in its proprietary risk management technology and scaling business and teams. Tejas Jain, Founder, BimaKavach said, "In India, nearly 95 per cent start-ups / MSMEs...