Pension Plans

This blog is dedicated to general marketing and insurance information.

Monday, July 28, 2008

ICICI targeting 20% market share in motor insurance

ICICI Lombard the leading insurance company in India is targeting to cover 20% share in motor insurance sector. Currently it is holding only 12% and targeting 20% by year 2010. Statement from Head motor insurance, ICICI Lombard.

He also told that in India, New India Insurance is the only company who is having major share is approx 35%, and the insurance industry is growing at the rate of 20% per year. for more click here.





Source: http://www.business-standard.com

Wednesday, July 9, 2008

LOMA Selects CSC to Conduct Insurance Industry Exams in India

What is LOMA?
# -> LOMA is an international association through which various international insurance and financial companies engaged in research activities. They work round the world for their partners to enhance, manage, and improve the quality through skilled employees.
They offer services in :
1) technology
2) insurance operations
3) customer service
4) human resources
5) education and employee development
6) financial and strategic management
7) compliance management
8) international operations

source: About LOMA.

Now this international association LOMa has joined hands with CSC and hasdecided that CSC will conduct insurance exam in India at selected centers. For detail please click here

Logos:


Tuesday, July 1, 2008

New Insurance Comparison Website: Launched Today

Today I found that the much awaited insurance comparison website PolicyBazaar.com has launched their website with health insurance product. They are presenting premiums and quote comparison facility in a best way. Apart from this they are providing facility like email quotes so, one can proceed in future with that step or form. The user don't have to fill the forms again, they can easily continue with that point where they have left or emailed.

They is very unique & new functionality i found in this website. This functionality is not present in other Insurance comparison website in India.


PolicyBazaar.com Logo:

DLF Pramerica - New venture in insurance sector

DLF and Prudential Financial are launching life insurance company with the name DPLI (DLF Pramerica Life Insurance Co Ltd.), One is big Indian real estate giant and other is US based big financial company. It has already approved by IRDA (Insurance Regulatory Authority of India)to do insurance business in India. As per the various news channel they are planning to start business by September this year (2008).