Online insurance aggregator InsuranceDekho is expected to have garnered Rs 1,200 crore in insurance premium through its platform during the financial year ended March 2021, a top company official said. It also intends to expand its reach to over 70 locations in the next six months from 35 currently, buoyed by increasing awareness about protection in the country, InsuranceDekho co-founder and CEO Ankit Agrawal told PTI in an interaction. The company, which mainly caters to motor, health and life insurance segments, had a premium of Rs 600 crore in the preceding fiscal year. Agrawal said InsuranceDekho is one of the few companies that expanded even during the COVID-19 times and the pandemic has helped create a lot of awareness in people about importance of insurance.
IDBI Federal Life Insurance transitions to a new identity as Ageas Federal Life Insurance, unveils campaign
The campaign drives home the companyâs fresh, bold outlook, while reiterating the deep-rooted values. It features brand ambassador Sachin Tendulkar talking about the importance of change while staying true to oneâs values and principles
Click on the Image to watch the TVC.
Ageas Federal Life Insurance, which recently transitioned to its new identity from the erstwhile IDBI Federal Life Insurance, has launched a new brand campaign spearheaded by cricketer and the organisationâs brand ambassador, Sachin Tendulkar. Â
The campaign drives home the companyâs fresh, bold outlook, while reiterating the deep-rooted values that continue to guide it through this transformation. It establishes the Ageas Federal Life Insurance brand as positive and forward thinking; a brand that inspires individuals to live fearlessly, empowered by Ageas Federalâs smart fi
On 12 February 2021The Board of IDBI Bank at its meeting held on 12 February 2021 will consider the proposal for setting off the Accumulated Losses of the Bank as on 01 April 2021 in full or to such an extent as may be possible by utilizing the balance standing to the credit of Securities Premium Account of the Bank as on the said date through a Scheme prepared under Sections 66, 52 and other applicable provisions of the Companies
Act, 2013 read with the relevant National Company Law Tribunal Rule.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)
IDBI Federal Life Insurance Company rebranded as Ageas Federal Life Insurance CompanyIDBI Bank has completed sale transaction of its 23% stake in IDBI Federal Life Insurance Company to Ageas Insurance International JV on 31 December 2020 pursuant to receipt of the requisite regulatory approvals. Pursuant to sale of 23% holding representing 18,40,00,000 shares to Ageas for a consideration of Rs.507.10 crore, IDBI Bank s shareholding in IFLI now stands at 25% from the earlier 48%. Following this transaction, the joint venture has been rebranded as Ageas Federal Life Insurance Company.
Powered by Capital Market - Live News
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)