Latest news with #Probus
Daily Mail
08-07-2025
- Daily Mail
Man, 50, found dead during hunt of Cornwall woodland as police launch murder probe
A 50-year-old man has been found dead during a search in a woodland in Cornwall sparking a police murder investigation. Lee Hockey, 50, from the Truro area has been formally identified and his next-of-kin have been informed, police have confirmed. Mr Hockey's cause of death is currently being treated as unexplained, but it is believed to be suspicious. Detectives investigating the suspected murder are appealing for information after his body was found in woodland between Truro and Probus on Tuesday July 1. Officers were called to woodland between Truro and Probus at around 6pm where Lee's body was located. Devon and Cornwall Police are asking for the public's help to trace Lee's last movements. Detective Inspector Rob Smith, from the Major Crime Investigation Team, said: 'Our investigation is continuing at pace and we are now appealing for information from the public which may further assist us. 'It has been confirmed that Lee spent the most of Monday 23 June in Truro city centre, before taking a bus out to the Trispen area. Detectives investigating the suspected murder are appealing for information after the Lee's body was found in woodland between Truro and Probus on Tuesday July 1. 'The last-confirmed sighting of Lee was in Trispen later that evening. His whereabouts from there are currently unknown but it is likely he would have been travelling on foot. 'We are urging anyone who may have passed through Trispen, Tresillian or the surrounding the villages, and who has dashcam, doorbell or CCTV footage in those areas, to please check them. 'If you have anything that may be relevant to us, please report it as a priority.' Det Insp Smith added: 'There will be a heightened police presence around the area of Trispen and Tresillian in the coming days while officers carry out enquiries. 'At this time there is no information to suggest that there is any wider risk to the community, however, we appreciate that an incident of this nature will cause concern. 'Local officers will also be carrying out reassurance patrols. If you have any concerns, please approach an officer or contact us through 101.'
BBC News
07-07-2025
- BBC News
Murder inquiry in Sticker into missing man is 'challenging'
A murder inquiry into a missing man in Cornwall has been described as "complex and challenging" by police after a body found in woodland last week was not linked to the body was discovered at a wooded site between Truro and Probus on Tuesday evening and a second, separate, murder investigation continues into the discovery. Police said there were no current updates to this officers continue to search a separate woodland in Sticker, near St Austell, for clues into the whereabouts of the missing man.A local 39-year-old man was rearrested on Saturday on suspicion of murder in connection with his disappearance and remains in police custody. A woman in her 30s, from Newquay, was arrested last week on suspicion of murder and remains on police bail. 'Dense woodland' Last week, Devon and Cornwall Police said the body found on Tuesday was not the missing person they were looking for, and the person is yet to be family of the missing man has been informed of all initially thought the two inquiries might be linked but are now investigating them separately. Det Supt Jon Bancroft said: "This is a complex investigation and a challenging environment for our officers in dense woodland and difficult weather conditions."We are being very careful and using the very best forensic and scientific advice from specialist officers to ensure every line of inquiry is thoroughly exhausted."He added the force was aware of the "impact" the investigations were having on the community."A large police presence will remain in the Sticker area into this week, and I continue to ask that people do not speculate on social media about this case, as it may negatively impact our inquiries and investigation."
Hans India
27-06-2025
- Business
- Hans India
Tier-III Cities Drive 62% of New Insurance Premiums: Probus Report
Probus, one of India's leading InsurTech and insurance broking firms, has released a new report highlighting a major shift in the country's insurance landscape. The findings reveal that Tier-III cities and beyond now contribute nearly 62% of total new insurance business in the current fiscal year, signalling a dramatic decentralisation of India's insurance growth story. Once considered peripheral markets, smaller towns are rapidly emerging as the real growth engines of Digital Bharat, a transformation propelled by the success of UPI, expanding digital payment infrastructure, and deepening internet penetration. Most UPI transactions now originate from non-metro regions, indicating a high level of digital adoption and financial participation. Probus notes that this is not a temporary or seasonal trend, but a consistent pattern of growth observed over the past three consecutive fiscal years – rising from 58% to 62%, reflecting a sustained upward momentum. In FY2024-25 alone, the Motor Insurance segment registered the highest growth at 25.6%, fuelled by rising awareness, digital accessibility, and a strengthened PoSP (Point-of-Sale Person) network. Local distribution models, especially those built on app-based onboarding, regional language interfaces, and education-first selling, have played a key role in bringing insurance products closer to underserved consumers. What was once a passive, compliance-driven purchase is now increasingly seen as a proactive financial planning tool in Tier-III cities and beyond. The report also highlights strong momentum across insurance verticals for FY 2024-25 compared to FY 2023-24, with life insurance premiums growing by over 60% in fresh policies. Non-life insurance premiums, led by motor, health, and SME segments, showed significant growth, with SME insurance emerged as the fastest-growing segment in FY 2024-25, registering a 112% increase. Commenting on the findings, Rakesh Goyal, Director, Probus, said, 'At a global level, the Indian economy has shown remarkable resilience despite external headwinds. A key reason behind this strength is the steady rise of Tier-II and Tier-III cities, and our latest data confirms that. At Probus, we are proud to be aligned with the Government of India's vision of 'Insuring India by 2047.' We've built digital tools and strengthened our PoSP models to deliver seamless, contextual insurance solutions to the emerging consumer in India.' The company's robust PoSP network continues to be the vital bridge connecting underserved markets to comprehensive insurance solutions, driving Probus's mission to empower every corner of India with financial security.
Time of India
10-06-2025
- Business
- Time of India
Tier-III cities drive 62% of new insurance premiums: Report
HighlightsA recent report from Probus, an InsurTech and insurance broking firm, reveals that Tier-III cities and smaller towns are now responsible for approximately 62 per cent of new insurance premiums in India for the current fiscal year. The motor insurance segment experienced significant growth of 25.6 per cent in fiscal year 2024-25, driven by increased awareness, digital access, and an expanded Point-of-Sale Person network. Fresh life insurance policies saw a growth exceeding 60 percent in fiscal year 2024-25 compared to the previous year, while Small and Medium Enterprise insurance emerged as the fastest-growing segment with 112 percent increase. A new report from Probus, an InsurTech and insurance broking firm, indicates that Tier-III cities and smaller towns are now significant contributors to India's new insurance business. The report states that these regions account for approximately 62 per cent of total new insurance premiums in the current fiscal year. This trend suggests a shift in how new insurance business is generated in India. Smaller towns, aided by digital payment infrastructure like UPI and increased internet access, are showing higher rates of digital adoption. Probus highlights that this is a consistent pattern, with the contribution from these regions rising from 58 per cent to 62 per cent over the past three fiscal years. For the fiscal year 2024-25, the motor insurance segment saw notable growth at 25.6 per cent. This was attributed to increased awareness, digital access, and an expanded Point-of-Sale Person (PoSP) network. The report also observes that local distribution methods, including app-based onboarding and regional language interfaces, have facilitated wider access to insurance products. What may have been a compliance-driven purchase is increasingly being viewed as a financial planning tool in these areas. Across insurance verticals, fresh life insurance policies showed growth exceeding 60 per cent in FY 2024-25 compared to FY 2023-24. Non-life insurance, encompassing motor, health, and SME segments, also experienced growth. SME insurance emerged as the fastest-growing segment in FY 2024-25, with a 112 per cent increase. Rakesh Goyal, director, Probus, commented on the findings, noting the resilience of the Indian economy and the role of Tier-II and Tier-III cities in this. He stated that Probus's approach aligns with the goal of 'Insuring India by 2047,' by providing digital tools and strengthening PoSP models to offer insurance solutions to consumers in these emerging markets.
