Venkatraman C By VenkatBFSI News Desk | December 23, 2025 In a move to combat soaring medical inflation and ease the financial burden on policyholders, the Office of Insurance Commission (OIC) has officially endorsed the Thai government’s “Sukh Kai, Sabai Krapao” (Healthy Body, Comfortable Wallet) project. The initiative, which allows patients at private hospitals to purchase prescribed … Read more
Impact of 100% FDI in Insurance in India: Growth Promise or Structural Risk? India’s insurance sector is preparing for one of its most consequential policy shifts in decades. The government’s proposal to allow up to 100% Foreign Direct Investment (FDI) in insurance up from the current 74% signals a clear intent to accelerate capital inflow, … Read more
Lifetime Coverage Made Simple: Life insurance often feels complicated medical exams, extensive questioning, long approval periods, and uncertainty about eligibility. For many Canadians, especially those who want simple, permanent protection without the usual barriers, ivari’s Simply Guaranteed Life and Simply Simplified Life products offer a refreshingly straightforward solution. These plans, available for adults aged 18 … Read more
DXC, AWS help ivari move 732,000 life policies to cloud, cutting operating costs by 22% DXC Technology has completed the first major phase of a multi-year core systems transformation for Canadian life insurer ivari, migrating 732,000 policies from its legacy Ingenium policy administration system to the cloud-based DXC Assure Platform running on Amazon Web Services … Read more
Insurance Fraud in India: The ₹10,000-Crore Problem Hiding in Plain Sight India’s insurance story has two faces. On one side, the country is finally beginning to look like a serious health-insured nation. Government schemes, employer covers and retail policies together have brought some form of health protection to tens of crores of people. Ayushman Bharat … Read more
Strategic partnership underscores HSBC’s commitment to modernizing payment security and customer protection from fraud, scams, and mule bank accounts ALPHARETTA, Ga., OCTOBER 27, 2025 — ValidiFI, Inc., a leader in predictive bank account and payment intelligence today announced that HSBC, one of the world’s largest banking and financial services organizations, has chosen ValidiFI’s advanced account validation and … Read more
Cigna Connect Bronze 6500 – Affordable Care with Essential Protection The Cigna Connect Bronze 6500 plan stands as a marketplace-based health insurance choice offered in North Carolina for the 2025 plan year. Designed for individuals and families looking for essential coverage at an affordable premium, it balances preventive benefits, digital healthcare access, and major medical … Read more
LSEG Launches Digital Markets Infrastructure Platform London, September 16, 2025 The London Stock Exchange Group (LSEG) has officially launched its Digital Markets Infrastructure (DMI) platform for private funds and successfully completed its first transaction, marking a major milestone in the digitisation of global financial markets. The DMI platform, developed in collaboration with Microsoft and built … Read more
Washington Approves 21% Health Insurance Rate Increase for 2026 Exchange Plans Olympia, WA, September 10, 2025 Health insurance costs in Washington state are set to rise sharply in 2026, as regulators approved an average 21% increase in premiums for plans sold through the state’s Health Benefit Exchange. The Washington State Office of the Insurance Commissioner … Read more
Lead Bank Secures $70 Million in Series B Funding, Valuation Hits $1.47 Billion Kansas City, MO – September 4, 2025 Lead Bank, a technology-first institution powering fintechs and digital asset companies, has raised $70 million in a Series B funding round, boosting its post-money valuation to $1.47 billion. The round saw participation from new investors … Read more