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The CMO's MO: HDFC ERGO's Somesh Surana on why AI and data analytics are game changers | Marketing

The head of digital business and marketing at the general insurance firm gets candid about challenges in the insurance space, AI’s evolving role in garnering marketing insights, and which brand's campaigns he looks forward to the most.

India , Somesh-surana , Barclays-bank , Kotak-mahindra-bank , Campaign-india , Kotak-mahindra , Marketing , Igital , Dfc-ergo , Nsurance , Omesh-surana , Dfc

EV Insurance Business: EV insurance market is expected to grow at a CAGR of over 40%, ET Auto

The EV insurance business is expected to experience significant growth in the coming years, as more people are switching to electric vehicles due to their lower carbon footprint and potential cost savings on fuel. With this shift, the EV insurance market is expected to evolve to meet the unique needs of electric vehicle drivers, and the market is likely to see continued growth in the coming years.

India , New-delhi , Delhi , Tata-tiago , Parthanil-ghosh , Mayur-kacholiya , Neel-chheda , Digit-insurance , Internal-combustion-engine , Tata-punch , Senior-executive-vice-president

Is it mandatory to purchase home insurance against home loans?, ET RealEstate

Currently, in India, purchasing home insurance is not mandatory to get a home loan sanctioned. A financial institution cannot force you to invest in one. However, getting home loan insurance is a good idea as it protects your finances and covers home loan amounts in case of mishaps.

India , Reeti-varma , Reserve-bank , Income-tax-act , Home-insurance , Dfc-ergo , Rdai , Bi , Eserve-bank-of-india ,

Insurance for electric vehicles (EVs): What all to consider before buying specific covers; check details here

Buying insurance covers is crucial for consumers as electric cars tend to be more expensive than conventional fuel-powered ones. As a result, the cost of insuring an EV is typically higher compared to conventional fuel-powered ones.

India , Bajaj-allianz , Susheel-tejuja , Third-party-insurance , Development-authority-of-india , Zuno-general-insurance , General-insurance , Insured-declared-value , Car-insurance , Managing-director , Insurance-regulatory , Development-authority

HDFC acquires 36 lakh additional shares of HDFC Ergo to take overall stake to 50.5%

Last week, CCI had approved the proposed combination involving the acquisition by Housing Development Finance Corporation Ltd (HDFC) of certain additional shareholding of HDFC ERGO General Insurance Company Ltd (HDFC ERGO).

India , Srinivasan-vaidyanathan , Insurance-company-ltd , Development-authority-of-india , Competition-commission-of-india , Housing-development-finance-corporation , Bank-limited , Competition-commission , Reserve-bank , Proposed-transaction , Insurance-regulatory , Development-authority

HDFC buys additional stake in insurance firm HDFC ERGO to make it an arm

According to RBI rules, a bank can hold either below 30 per cent or above 50 per cent stake in insurance ventures

India , Reserve-bank , Hdfc-group , Dfc-ltd , Dfc-raises-stake , Dfc-ergo ,

Paytm and HDFC ERGO roll out insurance cover for UPI transactions upto Rs 10,000

The fintech company highlighted that this plan will increase the trust of the users, enhance their digital payments experience and accelerate its adoption across the country.

Parthanil-ghosh , Paytm-bhavesh-gupta , Paytm-payment-protect , Bhavesh-gupta , Payment-protect- , Bijlee-days , Paytm , Dfc-ergo , Pi-payments , Ybercrimes , Yber-attacks