CURRENT AFFAIRS

2020

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which insurance company has launched India’s first cloud-native insurer a first of its kind Open API?
A
Bajaj Allianz General Insurance
B
Aditya Birla General Insurance
C
HDFC ERGO General Insurance
D
Edelweiss General Insurance
Explanation: 

Detailed explanation-1: -Edelweiss General Insurance launches India’s first on-demand, mobile telematics-based comprehensive motor insurance - SWITCH.

Detailed explanation-2: -The Associate in Personal Insurance (API) is a professional certification in the insurance industry. As its name suggests, the API is focused on personal lines insurance, which is the type of insurance that protects against personal injury, death, or loss of property.

Detailed explanation-3: -General Insurance in India has its roots in the establishment of Triton Insurance Company Ltd., in the year 1850 in Calcutta by the British.

Detailed explanation-4: -Among the various life insurance providers, the LIC is the sole government-owned insurance company. In the non-life insurance domain, there are six public sector insurance companies. The General Insurance Corporation of India (GIC Re) is the sole national reinsurer in India.

There is 1 question to complete.