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Insurance Samachar

Insurance Samachar
Insurance Samachar Research Bureau provides services related to information in insurance sector in India. It is located in Mumbai, the commercial city of India.

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Articles

Bharati Axa Life selects Intense iECM framework solution
2007-10-21 15:49:00
Intense Technologies (BSE: INTENSETECH) the hyderabad-based enterprise software products company, today announced that Bharti AXA Life Insurance has selected Intense?s iECCM (intelligent Enterprise Customer Communication Management) Framework solution.Intense's iECCM Framework is an integrated, intelligent enterprise customer communication management framework that enables enterprises to strategically manage customer communications. The framework has individual components like Bill formatter, Output manager, EBPP and self-care, all best-fit to operationally and strategically eliminate cost islands, enhance productivity and improve customer satisfaction levels."We are very excited to work with Bharti AXA and see this key project as a validation of the iECCM Framework?s solution scope and value proposition across the Insurance vertical.? said Raghav Sahgal, CEO of Intense Technologies.?We already have Bharti Airtel as a preferred client for our iECCM Framework and I am really pleased...
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Bharati Axa Life selects Intense iECM framework solution
2007-10-21 15:49:00
Intense Technologies (BSE: INTENSETECH) the hyderabad-based enterprise software products company, today announced that Bharti AXA Life Insurance has selected Intense’s iECCM (intelligent Enterprise Customer Communication Management) Framework solution.Intense's iECCM Framework is an integrated, intelligent enterprise customer communication management framework that enables enterprises to strategically manage customer communications. The framework has individual components like Bill formatter, Output manager, EBPP and self-care, all best-fit to operationally and strategically eliminate cost islands, enhance productivity and improve customer satisfaction levels."We are very excited to work with Bharti AXA and see this key project as a validation of the iECCM Framework’s solution scope and value proposition across the Insurance vertical.” said Raghav Sahgal, CEO of Intense Technologies.“We already have Bharti Airtel as a preferred client for our iECCM Framework and I am really...
More About: Solution , Ework , Hara

LIC of India wins Web18 Genius award for the Best Insurance Site
2007-10-21 15:34:00
In a glittering evening full of entertainment, information and recognition, the first Genius of the Web awards organized by Web 18, a part of media group Network 18, were announced on October 18th, at ITC Grand Central, Parel. Amont the various categories Lic of India was given the award for "Best Insurance Site ".The evening saw the best of players from the world of dotcom come together to appreciate and acknowledge the outstanding achievements in the online space. The event attracted good attention and was attended with strong participation including people from influential companies of the online world like Mr. Shailesh Rao, MD, Google India, Mr. Anupam Mittal, Chairman People Group, Mr. Sanjeev Bhikchandani, CEO, Info Egde, Mr. Ajit Balakrishnan, Chariman & CEO, Rediff, Mr. Neeraj Roy, CEO, Hungama to name a few.With the sea of thinkers from the futuristic industry coming in, the ballroom was filled with varied conversations on brilliant ideas and global perspectives. The ev...
More About: General , Award

Latest Issue of Microfinance Insights Focuses on Innovations in Financial S
2007-10-21 15:28:00
Mumbai: Intellecap recently released the fourth issue of Microfinance Insights, its quarterly thematic magazine. The focus of the fourth volume is on innovations in the area of delivery of financial services.Making financial services more accessible and their delivery more efficient, while diversifying the traditional areas of financial support, has been on the mind of the industry for some time now. Drawing from the experiences of various microfinance institutions, research bodies, and sector experts, the Issue looks at how best industry knowledge and practice can be leveraged to add value and diversify delivery mechanisms for those at the bottom of the pyramid (BOP).The cover story tracks evolution in businesses and presents an interesting ?wave theory? of innovation in microfinance. Articles recognizing the power of social networks cite examples from ITC, a corporate firm which innovates and downscales to tap the potential of BOP market, an MFI Spandana and an NGO Swayam Shikshan...
More About: General , Financial , Innovations , Inno

Latest Issue of Microfinance Insights Focuses on Innovations in Financial S
2007-10-21 15:28:00
Mumbai: Intellecap recently released the fourth issue of Microfinance Insights , its quarterly thematic magazine. The focus of the fourth volume is on innovations in the area of delivery of financial services.Making financial services more accessible and their delivery more efficient, while diversifying the traditional areas of financial support, has been on the mind of the industry for some time now. Drawing from the experiences of various microfinance institutions, research bodies, and sector experts, the Issue looks at how best industry knowledge and practice can be leveraged to add value and diversify delivery mechanisms for those at the bottom of the pyramid (BOP).The cover story tracks evolution in businesses and presents an interesting ‘wave theory’ of innovation in microfinance. Articles recognizing the power of social networks cite examples from ITC, a corporate firm which innovates and downscales to tap the potential of BOP market, an MFI Spandana and an NGO Swayam Shik...
More About: Financial , Innovations , Inno

Oriental Insurance to launch medical insurance for senior citizens
2007-10-21 15:23:00
Senior citizens can now look forward to check out medical insurance policy scheme from Oriental Insurance . The insurance company is to soon launch the health insurance product designed for the age group of 60 to 85, and is expected to cover a wide range of specific ailments.M Ramadoss, chariman and managing director of Oriental Insurance chairman and managing director M Ramadoss said that the company has approached insurance regulator IRDA for approval, while speaking to the media on the sidelines of an insurance seminar organised by the Indian Merchants? Chamber in Mumbai on Friday.Catering specifically for the demographic group of senior citizens, health insurance product `Varishta Bima scheme? is also available from National Insurance, which was launched last year.Oriental Insurance proposes to include some pre-existing ailments after two to three years in its scheme, according to Mr Ramadoss. One could be insured up to Rs 2 lakh with a flat premium across all age groups, with no...
More About: Senior , Medical , Health Insurance , Launch

Oriental Insurance to launch medical insurance for senior citizens
2007-10-21 15:23:00
Senior citizens can now look forward to check out medical insurance policy scheme from Oriental Insurance . The insurance company is to soon launch the health insurance product designed for the age group of 60 to 85, and is expected to cover a wide range of specific ailments.M Ramadoss, chariman and managing director of Oriental Insurance chairman and managing director M Ramadoss said that the company has approached insurance regulator IRDA for approval, while speaking to the media on the sidelines of an insurance seminar organised by the Indian Merchants’ Chamber in Mumbai on Friday.Catering specifically for the demographic group of senior citizens, health insurance product `Varishta Bima scheme’ is also available from National Insurance, which was launched last year.Oriental Insurance proposes to include some pre-existing ailments after two to three years in its scheme, according to Mr Ramadoss. One could be insured up to Rs 2 lakh with a flat premium across all age groups, wit...
More About: Senior , Medical , Launch

My Brother-In-Law - [Humour]
2007-10-13 16:09:00
Mr. Smith was brought to Mercy Hospital (a Catholic hospital), and taken quickly in for coronary surgery.The operation went well and, as the groggy man regained consciousness, he was reassured by a Sister of Mercy, who was waiting by his bed."Mr. Smith, you're going to be just fine," said the nun, gently patting his hand. "We do need to know, however, how you intend to pay for your stay here. Are you covered by insurance?""No, I'm not," the man whispered hoarsely."Then can you pay in cash?" persisted the nun.I'm afraid I cannot, Sister.""Well, do you have any close relative?" the nun questioned sternly."Just my sister in New Mexico," he volunteered. "But she's a humble spinster nun.""Oh, I must correct you, Mr. Smith. Nuns are not spinster - they are married to God.""Wonderful," said Mr. Smith. "In that case, please send the bill to my brother-in-law."
More About: Humour , Brother , My Brother

HSBC launches SIP Plus, with Free Critical Illness Cover
2007-10-12 16:50:00
New Product Development: HSBC Investments has launched SIP Plus, with Free Critical Illness cover. The cover is offered in association and tie-up with ICICI Lombard, and would be effective from Oct 1, 2007. Investors investing with HSBC investments under SIP schemes could now benefit with the insurance cover at no additional cost.A Systematic Investment Plan (SIP) is an option which allows a investor to invest fixed amounts of money at regular monthly intervals in a mutual fund Scheme / other financial products for a continuous pre-defined period.A SIP plan can be activated by using an auto debit facility where a fixed amount is debited from your bank account on a monthly basis or by giving post-dated cheques for the duration of the SIP.HSBC Mutual Fund offers HSBC SIP Plus in the following schemes (open-ended schemes)HSBC Equity FundHSBC India Opportunities FundHSBC Midcap Equity FundHSBC Advantage India FundHSBC Tax Saver Equity FundHSBC Dynamic FundFree Critical Illness Cover : T...
More About: Insurance

Sting operation unveils Insurance fraud
2007-10-12 15:34:00
Beaumont, USA: KFDM news reported, The Beaumont police has arrested a 26 year old motel general manager for attempting to bribe and fraud a insurance company.The man is supposed to be from India and is in the U.S. on a green card. He was arrested on Thursday, Oct 11 on accusation of Insurance Fraud , a 2nd Degree Felony. Detectives say the man is part owner and general manager of the Travelodge at I-10 and College in Beaumont. Police say he was attempting to bribe an insurance adjuster for Nationwide Insurance Mutual Insurance company .Investigators say the man is accused of offering the adjuster $20,000 cash in exchange for a $125,000 insurance claim check on a loss of $18,000 from Hurricane Humberto.Detectives, in cooperation with Nationwide Insurance and the National Insurance Crime Bureau, organized an operation in which the exchange would be made using an undercover officer. The officer met with the man and received $20,000 cash. The man was arrested and taken to the Jefferson C...
More About: International , General , Sting

Celent names 3i Infotech as a leading provider for Insurance technology ser
2007-10-11 19:38:00
3i Infotech, a global provider of IT solutions has been named a ?Traction Index? leader in a recent report from research and advisory firm, Celent, based on the analysis of key software vendors for the insurance industry in North America.3i Infotech was also named a leading provider in the Full Policy Administration Systems category, based on the number of deals the company inked in 2005 and 2006."Leaders in our Traction Index are demonstrating strong market momentum among insurers, which gives them the kind of experience that many carriers are looking for," says Craig Weber, Senior Analyst with Celent and author of the report. The Traction Index is a weighted score that measures the volume and type of deals that software companies made during 2005 and 2006.With a long-term focus on the insurance market, 3i Infotech has augmented its insurance software offering PREMIA to deliver an integrated solution for insurance companies around the world.Commenting on the achievement, Mr. Hari ...
More About: Technology , Insurance , Leading , Provider , Names

Small Business Liability Insurance - Part 1
2007-10-10 15:32:00
While it might be comforting to think that insurance is something that only the big companies need to worry about, insurance is something that all businesses need to worry about.Whether you're a management consultant, real estate agent, tax lawyer, healthcare specialist, or a service provider, the specifics might be different, but the insurance risks are much the same. As small business owners with offices that need to be protected from the threat of financial loss, business insurance and small business liability insurance is simply a smart solution to that end.Most Non-Life insurance companies like New India Assurance, Bajaj Allianz and others provide policies for Liability Insurance in some format or other. Financial Advisors providing insurance services should speak to their prospects and clients and advise them to insure their businesses with the liability cover.Below article by James Cochran emphasizes the need for Business Insurance.You Need Insurance Regardless of your Busin...
More About: Small Business , Small , Part

Domain insurance.mobi purchased for US $ 42,005
2007-10-10 09:56:00
London: Sedo-run auction generates high interest and revenue, and demonstrates diversity of upcoming mobile content.dotMobi , the company behind the .mobi Internet domain, successfully closed its first-ever online auction on October 3. dotMobi auctioned 100 domain names through Sedo.com, and is the first domain company to offer selected names directly to the market via an online auction process rather than a traditional "first come, first served" process.Dozens of names were purchased generating a turnover of US $850,000 during the event last week.With bidders from 34 countries, the auction's most desired names were hosting.mobi (sold for US $101,000), bank.mobi (US $51,501), download.mobi (US $51,500), currency.mobi (US $47,000) and insurance.mobi (US $42,005).insurance.mobi was purchased by Insurance .com, an independent, online insurance agency which enables consumers to instantly compare and buy competitive auto insurance quotes directly from more than a dozen leading insurance c...
More About: Technology , Domain , Hase

Domain insurance.mobi purchased for US $ 42,005
2007-10-10 09:56:00
London: Sedo-run auction generates high interest and revenue, and demonstrates diversity of upcoming mobile content.dotMobi, the company behind the .mobi Internet domain, successfully closed its first-ever online auction on October 3. dotMobi auctioned 100 domain names through Sedo.com, and is the first domain company to offer selected names directly to the market via an online auction process rather than a traditional "first come, first served" process.Dozens of names were purchased generating a turnover of US $850,000 during the event last week.With bidders from 34 countries, the auction's most desired names were hosting.mobi (sold for US $101,000), bank.mobi (US $51,501), download.mobi (US $51,500), currency.mobi (US $47,000) and insurance.mobi (US $42,005).insurance.mobi was purchased by Insurance .com, an independent, online insurance agency which enables consumers to instantly compare and buy competitive auto insurance quotes directly from more than a dozen leading insurance c...
More About: Technology , Domain

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