IRDAI approves setting up insurance e-marketplace Bima Sugam

IRDAI approves setting up insurance e-marketplace Bima Sugam

Daily Current Affairs   /   IRDAI approves setting up insurance e-marketplace Bima Sugam

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Category : Business and economics Published on: March 30 2024

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  • IRDAI approval granted for Bima Sugam, an insurance e-marketplace facilitating policy transactions, servicing, and claims settlement.
  • Bima Sugam designed as a comprehensive platform offering one-stop solutions for insurance-related activities, promoting transparency, efficiency, and collaboration.
  • Aimed at deepening insurance penetration, Bima Sugam intends to enhance availability, accessibility, and affordability of insurance products in India.
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