Industry leaders applaud the approval of Bima Sugam by IRDAI

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New Delhi [India], March 30 (ANI): The approval of Bima Sugam by the Insurance Regulatory and Development Authority of India (IRDAI) has ignited a wave of optimism within the insurance industry..

With support from industry leaders like Prashant Tripathy, Co-Chair of the FICCI Insurance Committee and MD & CEO of Max Life Insurance Company Limited and Ritesh Kumar, Co-Chair, FICCI Insurance Committee and MD & CEO, HDFC ERGO General Insurance, Bima Sugam promises to revolutionize the accessibility and transparency of insurance solutions across India...

In a post of FICCI on X, Tripathy said We wholeheartedly applaud the approval of Bima Sugam by the IRDAI, a monumental step towards realizing the vision of Insurance for All by 2047..

Bima Sugam would be an end-to-end digital platform for buying and servicing insurance, offering greater convenience at no extra cost to customers & intermediaries and providing transparency at every stage...

As India embraces digitalization and innovation in the insurance sector, Bima Sugam emerges as a beacon of progress, promising to empower individuals to protect their future aspirations effectively...