Your Daily InsurTech Briefing – 2024-01-24

January 24, 2024
1 min read

Let’s see what’s in the news today.

Managed Care & Healthcare Solutions

As a Managed Care Organization, We Provide Access to High-Quality Healthcare Solutions that Help Families & Individuals. Learn More About Centene.

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Technical Analysis: HeidelbergCement India, Tata Teleservices (Maharastra) Ltd (TTML) and General Insurance Corporation of India (GIC Re)

HeidelbergCement India (₹225.05) is in a bullish trend since April, breaking the downtrend from September 2021. Buy with a target of ₹340-350, accumulating on dips at ₹210, and a four-year hold potential for ₹450, adjusting the stop-loss accordingly. TTML (₹89.36) has shown volatile swings, reaching ₹291 in 2022, but the current bounce lacks strength, struggling to breach ₹107 resistance. It is advisable to exit the stock now, considering reinvesting in a more promising option like HeidelbergCement. GIC Re (₹368.65) has formed a strong base above ₹100, displaying resilience with a rounding pattern after a decline. Hold the stock with a stop-loss at ₹330, adjusting it by ₹15 for every ₹50 rise in the share price until your stop-loss level is triggered.

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Insurance CIO Outlook |Pioneering The Future of Insurance Industry Through AI and Ml

2024 heralds an age of AI and ML-driven transformation in the insurance industry. As we enter this future, we witness a shift from manual and traditional…

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Australia: Tech innovations predicted to drive motor insurance business

The Australian car insurance landscape is shifting gears, driven by technological innovation and always-evolving consumer needs, said Mozo, a company which operates a financial comparison platform.

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With Irdai opening doors, insurtech firms look to transform into general insurers

Insurtech firms such as Bengaluru-based Onsurity and Pune-based Loop Health help employers offer group health policies to their employees and run a platform to offer employee wellness services, too. They want to capitalise on the Insurance Regulatory and Development Authority of India (IRDAI) move of opening the heavily regulated sector to new participants.

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Latest from Blog

Your Daily InsurTech Briefing – 2024-07-26

Let’s see what’s in the news today. US insurtech company Embroker launches real estate insurance programme Embroker, a US digital insurance company, has introduced an insurance programme, specifically designed for real estate agents

MSI chooses Akur8 for better insurance pricing decisions.

TLDR: Akur8’s innovative insurance pricing solution selected by Millennial Specialty Insurance (MSI) to streamline decision-making processes. Partnership to enhance pricing capabilities, deliver competitive rates, and expand within the U.S. personal insurance market.