Archive of posts on Insurance & Risk Management

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 »

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 »