Business Briefs 2

HDFC Life partners with IvyCap for startups

HDFC Life Insurance Company Limited Wednesday announced a strategic partnership with IvyCamp, an arm of IvyCap Ventures Advisors Pvt. Ltd, to launch --Futurance-- a programme for startups.

It is the programme which aims to identify and work with startups that have built cutting edge products which could harness business opportunities in the insurance value chain, it said. This partnership is in line with IvyCamp's ongoing efforts to create deeper connects, alliances and co-development opportunities between corporates and startups for mutual business benefits.

Max Bupa partners with MobiKwik to sell simple, bite-sized products

Max Bupa Health Insurance Company Wednesday announced a partnership with online payment facilitator MobiKwik to sell affordable bite-sized group health insurance products through the latter's platform.

The strategic partnership is to promote affordable and convenient bite-sized group health insurance for MobiKwik's 107 million customers across the country, it said. Bite-sized insurance offerings are easy to buy over the counter health insurance products.

"These young customers are looking for quick, simple and affordable health insurance propositions to take care of their specific health needs. They are interested in a fully digital buying journey along with simple claims procedure," it said.