Page 27 - Insurance Times July 2024

the photographs of bus after repairs showed 24 doors. That party claims and this aspect was seen by GIC for such a
is he made a claim for changing the hood of the bus and decision somewhere in 1988.
this small effect made the claim destitute of settlement.
Don't you think that my words at this age are a panacea to
eradicate insurance phobia!
Such many cases come and this needs a fair education and
awareness in the insured persons.
About the Author

Further in third party claims the owners of trucks were in- [He is 85 and retired from General Insurance service
suring it after the death of the third party as the cover note having spent 40 years in United India Insurance Co.Ltd,
issued by the agents had the specified time and the few Hyderabad. He is author of 15 books, thereof then be-
hours of accident. My experience showed that all insurances ing an insurance subject Viz, All About Insurance, Hints
should be accepted effective from the next day onwards. On Insurance Salesman Ship, Memories Of My Insurance
Thereby my instructions were officially spread in my division Life. He is also Resident Editor of insurance times.]
and finally it was adapted by all. This prevented many third - Editor

PRESS RELEASE

Truecaller launched Fraud Insurance, partners with HDFC

ERGO

The insurance plan requires no additional paperwork and one can enable it instantly through the Truecaller app. The
new offering will enhance user experience by providing all round protection from the time of receiving a call, during
and after communication with the help of AI spam blocking, AI Assistant and call scanner and Fraud Insurance to
complete the loop.

Speaking on the launch of Truecaller’s Fraud Insurance, Rishit Jhunjhunwala, Chief Product Officer and MD, India,
Truecaller stated, "We're thrilled to launch this innovative insurance offering as part of our ongoing commitment to
providing comprehensive solutions that prioritize user security and trust. With the launch of Fraud Insurance, we're
not just introducing a feature; we're reinforcing our dedication to safeguarding our community against the ever-
evolving threats of digital fraud, and empowering them with the peace of mind they deserve in today's complex digi-
tal landscape. As we continue to innovate and adapt to the changing landscape of digital communication, Truecaller
remains steadfast in our promise to empower users with the tools they need to stay safe online."

Vishal Sikand, Joint President, Commercial Lines, HDFC ERGO General Insurance, said, "The pandemic has acceler-
ated the use of digital mobile payment in the country. While it brings convenience, it also leads to an increase in
digital frauds in the country. We are delighted to partner with Truecaller as it underscores our commitment to lever-
age cutting-edge technology while offering customer-centric innovations. Our comprehensive insurance offering,
coupled with Truecaller's extensive user base will propel financial inclusion along with protection from digital commu-
nications fraud in the country."

The launch of Fraud Insurance further solidifies Truecaller's commitment to introducing products that offer compre-
hensive fraud protection solutions, thereby safeguarding digital experiences effectively.

The Insurance Times July 2024 25