Insurance Claims Processing Outsourcing India: Cynergy BPO — Accelerating Transformation With Precision and Tech
The insurance sector is riddled with complexities, and at the crux of these intricacies lies the claims processing function. This delicate juncture is where policy promises meet customer expectations, setting the tone for client retention and trust. With global insurance firms focusing on enhancing accuracy and efficiency, insurance claims processing outsourcing to India has emerged as a transformative strategy. Cynergy BPO, the world's leading outsourcing advisory firm, is dedicated to guiding global businesses towards leveraging this burgeoning trend.

Indian insurance companies cancel coverage for war damage

Indian insurance companies, including HDFC Ergo, have made a significant decision to cancel coverage for damage resulting from strikes, riots, civil commotions, lockouts, vandalism, and sabotage in the Israel/Gaza/Lebanon region due to the ongoing war. This move is aimed at mitigating potential risks associated with war-related activities.

Life Insurance Corporation of India ups Hudco stake to 8.9 per cent
 

Reliance General Insurance unveils reliance limit sure pay as you drive. Check details
Reliance General Insurance Company Limited (RGICL) has unveiled ‘Reliance Limit Sure – Pay As You Drive’, a flexible approach to car insurance coverage valuing customers’ needs and consumption habits. In a statement, the insurer said this innovative offering will empower customers and give them complete control over their vehicle expenses, allowing them to tailor the policy to their specific needs.

Sebi empanels 12 entities to provide digital forensic services
Capital markets regulator Securities and Exchange Board of India (Sebi) has empanelled 12 entities, including Ernst & Young LLP and KPMG Assurance and Consulting Services LLP, to provide assistance to its search team for onsite data acquisition during search and seizure operations. The other empanelled entities are -- Baker Tilly Business Advisory Services, Cybermate Forensics & Data Security Solutions, Cyint Technologies, ECS Info Tech, Innefu Labs, Mahen Technologies, Nangia & Co LLP, Netrika Consulting India, Pelorus Technologies and Systools Software, according to a notice by Sebi last week.

Bandhan Mutual Fund launches Bandhan Nifty Alpha 50 Index Fund
Bandhan Mutual Fund has announced the launch of the Bandhan Nifty Alpha 50 Index Fund, an open-ended index scheme tracking Nifty Alpha 50 Index.

Parag Parikh Arbitrage Fund, 6 other NFOs open this week

Seven mutual fund NFOs or new fund offers are open for subscription this week. Much anticipated offerings from PPFAS Mutual Fund and Helios Mutual Fund are open for subscription.

These 15 equity schemes offered over 30% in 2023

Equity mutual funds helped investors to create a lot of wealth in 2023. Most schemes offered double-digit returns in the calendar year, and some schemes offered 20-30% in 2023. That prompted ETMutualFunds to look for schemes that have offered the maximum returns in 2023. We looked at the performance of 243 equity schemes and found that the top 15 schemes managed to offer over 30% returns in 2023.

Bandhan Nifty Alpha 50 Index Fund: New scheme to invest in alpha-generating stocks. Check details
Bandhan Mutual Fund today (October 23) announced the launch of Bandhan Nifty Alpha 50 Index Fund. It is an open-ended index scheme tracking the Nifty Alpha 50 Index, which provides investors with an opportunity to invest in a well-diversified portfolio of stocks that have generated high alpha (relatively higher returns than the market) over the last one year.

US 10-year yield breaches 5%; economists expect India’s 10-year G-sec yield to breach 7.4% level
The yield on 10-year US treasury bills breached the psychologically crucial 5% mark on Monday – the highest since July 2007 – bringing back memories of the 2007-08 financial crises. The spike came on the back of fears that the US Federal Reserve will keep rates higher for a longer period.

India cautious of 'unexpected' spike in govt bond yields - official
The Indian government is cautious about the "unexpected" spike in government bond yields and may take remedial action if necessary, a government official said on Monday.

Spike in gilt yields under watch
New Delhi: India is closely monitoring the unexpected “spike” in the government bond yields and will take “appropriate” action, including delaying planned treasury auctions, if they rise beyond tolerance levels, a government official said.

Sovereign gold bonds back in favour