Bangalore, June 28, 2024: Truecaller, the sector’s well-known international communications platform, in collaboration with HDFC ERGO, Bharat’s well-known common insurance coverage Corporate, is proud to announce the initiation of Fraud Insurance coverage, an initiative aimed toward offering enhanced coverage to customers in opposition to electronic communique frauds in Bharat.
A up to date record by way of the Indian Cyber Crime Coordination Centre unmistakable that electronic monetary frauds accounted for a staggering INR 1.25 lakh crore over the ultimate 3 years. With the emerging circumstances of cyber fraud, this cutting edge insurance coverage providing underscores Truecaller’s persuaded constancy to fighting fraud and making sure person coverage via complicated app options – ahead of, all through and later cell communique.
The Fraud Insurance coverage product will lend protection as much as INR 10,000 to Android and iOS customers throughout Bharat. The product is to be had to every year top class subscribers of Truecaller and all current consumers can avail this coverage for unfastened underneath their current plan. To assure a easy and hassle-free enjoy for all customers, the fraud protection is seamlessly built-in into the Truecaller app, and is activated as soon as the person opts in for the insurance coverage choice.
The insurance coverage plan calls for deny backup bureaucracy and one can allow it straight away during the Truecaller app. The brandnew providing will give a boost to person enjoy by way of offering all spherical coverage from the month of receiving a choice, all through and later communique with the support of AI unsolicited mail blocking off, AI Colleague and speak to scanner and Fraud Insurance coverage to finish the loop.
Talking at the initiation of Truecaller’s Fraud Insurance coverage, Rishit Jhunjhunwala, Prominent Product Officer and MD, Bharat, Truecaller said, “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 digital 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, Business Traces, HDFC ERGO Common Insurance coverage, stated, “The pandemic has accelerated 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 leverage 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 communications fraud in the country.”
The initiation of Fraud Insurance coverage additional solidifies Truecaller’s constancy to introducing merchandise that trade in complete fraud coverage answers, thereby safeguarding electronic stories successfully.
About Truecaller
We allow guard and related conversations between society and construct it environment friendly for companies to secured with customers. Fraud and uninvited communique are endemic to electronic economies, particularly in rising markets. We’re on a project to develop consider in communique. Truecaller is an crucial a part of on a regular basis communique for over 400 million energetic customers, with greater than 1000000000 downloads since initiation and near to 46 billion uninvited cries known and restrained in 2023. Headquartered in Stockholm since 2009, we’re a co-founder-led, entrepreneurial corporate, with a extremely skilled control crew.
Truecaller has been indexed on Nasdaq Stockholm since October, 2021. Consult with www.truecaller.com for more info. For media enquiries, please touch press@truecaller.com.
About HDFC ERGO
HDFC ERGO Common Insurance coverage Corporate Restricted was once promoted by way of erstwhile Housing Construction Finance Company Ltd. (HDFC), Bharat’s premier Housing Finance Establishment and ERGO World AG, the principle insurance coverage entity of Munich Re Crew. Consequent to the implementation of the Scheme of Amalgamation of HDFC with and into HDFC Store Restricted (Store), certainly one of Bharat’s well-known personal sector banks, the Corporate has turn out to be a subsidiary of the Store. HDFC ERGO is certainly one of Bharat’s well-known non-life insurance coverage corporations within the personal sector. A digital-first corporate, remodeling into an AI-first corporate, HDFC ERGO is a pace-setter in enforcing generation to trade in consumers the best-in-class carrier enjoy. The corporate has created a tide of cutting edge & brandnew merchandise in addition to services and products the use of applied sciences like Synthetic Logic (AI), Gadget Studying (ML), Herbal Processing Language (NLP), and Robotics. HDFC ERGO offer a territory of common insurance coverage merchandise and has an absolutely electronic gross sales procedure with ~94% of retail insurance policies issued digitally. HDFC ERGO’s generation platform has empowered the shoppers to avail 75% of the services and products digitally on a 24×7 foundation with ~16% of the client requests serviced by way of Synthetic Logic-based gear. The Corporate has probably the most preferrred claims payout ratios within the Common Insurance coverage trade The Corporate offer an entire territory of Common Insurance coverage merchandise together with Condition, Motor, House, Agriculture, Progress, Credit score, Cyber and Non-public Collision within the retail territory at the side of Constituent, Marine, Engineering, Marine Shipment, Crew Condition and Legal responsibility Insurance coverage within the company territory. Be it distinctive insurance coverage merchandise, built-in customer support fashions, top-in-class declare processes or a number of technologically cutting edge answers, HDFC ERGO has been in a position to thrill its consumers at each and every touch-point and milestone to assure customers are serviced in real-time.
Please wood directly to www.hdfcergo.com
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