View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
April 24, 2019

MobiKwik teams up with Aegon Life to introduce digital insurance offering

Indian fintech company MobiKwik has collaborated with Aegon Life Insurance to introduce a smart digital insurance product for its wallet users.

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

The new offering, Aegon Life Group Term Plus Plan, will provide death as well as accident related disability cover for up to INR200,000 ($2863.50) to MobiKwik’s wallet users.

Mobikwik has created three variants of the sum assured between INR100,000 ($14.3155), INR150,000 ($2174.32) and INR200,000 ($2863.50) at a premium of INR20, INR30 and INR40 depending on the protection amount.

The plans are bundled with an additional INR100,000, INR150,000 and INR200,000 of accident disability, without any extra premium.

Aegon Life Insurance managing director and CEO Vineet Arora said: “Digital has always been intrinsic to our DNA. Being Direct-to-Customer, we wanted to be closer to our customers and design offerings that are better suited to their needs.

“This association with MobiKwik further fortifies Aegon Life’s commitment to provide innovative and need-based insurance solutions to everyone via the online channel.

“One of the key benefits of buying Insurance from a digital platform is quick processing. Since the process is entirely digital, the on boarding of the customer happens in a couple of minutes with immediate issuance of the cover.

“With this partnership, we expect to expand the reach for term insurance solution and avoid procrastination to become an excuse for not securing yourself and your loved ones.”

MobiKwik co-founder and COO Upasana Taku said these products are designed inline with our vision to impact ‘Bharat’ and improve the insurance penetration in India which is currently 3.7%.

The insurance policy is issued instantly upon the payment of premium by the customers.

Free Whitepaper
img

Never Trust, Always Verify: Is Zero Trust the Next Big Thing in Cybersecurity?

Cyberattacks continue to rise every year and no sector seems to be immune. Hackers target sensitive information such as organizational, client, and financial data, as well as intellectual property (IP) and proprietary functions. As digital transformation becomes a top priority for many organizations, traditional perimeter-based security models are no longer sufficient to address the growing cybersecurity concerns. Against the backdrop, enterprises explore zero trust as it takes a micro-level approach to authenticate and approve access at every point within a network. Reasons to read: The cybersecurity landscape is swiftly changing, and businesses need more awareness to meet the evolving change. The report highlights the current state of play and the future potential of the zero trust approach in cybersecurity to protect critical digital infrastructure of enterprises across sectors such as financial services, healthcare, telecom, and transportation, among others. Read our report and gather insights on the following topics:
  • Traditional vs zero trust protection
  • Key advantages and solution providers
  • Major industries and key players
  • Drivers and challenges
  • Top funded startups and Mergers & Acquisitions
  • Implementation challenges
by GlobalData
Enter your details here to receive your free Whitepaper.

Topics in this article: , ,
NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive.
SUBSCRIBED