Archive of posts on Banking & Finance

Oracle Buys AdminServer

Expands Oracle’s Applications Drive into Insurance REDWOOD SHORES, Calif. - Oracle announced today that it has agreed to acquire AdminServer, a rapidly growing provider of insurance policy administration software. AdminServer’s product offering will become a core component of Oracle’s existing insurance industry software that is used by more than one thousand insurers, including 20 of the → Continue reading »

The Co-operative Bank relaunches its unique fixed rate platinum credit card

Competitive fixed rate of 9.9% APR for the first 5 years The Co-operative Bank has relaunched its unique fixed rate platinum credit card, with a highly competitive five-year fixed rate of 9.9% APR. The credit card offers a wide range of benefits including: • A low fixed rate of 9.9% APR (typical variable) for the → Continue reading »

ICICI Lombard rolls out ‘Red Carpet’, a unique claims servicing initiative for its strategic customers in Motor Insurance * 24X7 helpline through a toll free number

ICICI Lombard General Insurance, the leading Private sector General Insurance Company, after successfully introducing 'Red Carpet', a unique and exclusive claims service initiative in the motor insurance segment, as a pilot project, has now, rolled out the initiative across the country. Any ICICI Lombard customer insuring 50 vehicles is classified as a 'Red Carpet' customer and → Continue reading »

IFFCO-TOKIO- A hassle free claim settlement Settles claims worth Rs. 1.31 Crore in Chhattisgarh

IFFCO-TOKIO General Insurance Co. Ltd. (ITGI), a trusted player in general insurance, today announced claim disbursement worth Rs.1.31 crore for its immensely popular Barish Bima Yojna (BBY) for the farmers of Chattisgarh. The claims have been made to 4,169 farmers in 7 districts of Surguja, Koriya, Jashpurnagar, Raigarh, Mahasamund (Saraipali), Kawardha and Rajnandgaon (Chhuikhadan, Dongargarh, Gandai → Continue reading »