Mumbai, Sept 27:
Life Insurance Corporation (LIC) of India and the department of posts, have entered into an Agreement for Print to Post solutions.
The Print to Post solutions is provided by the Department of Posts, for printing and dispatch of the policy booklet issued under a life insurance policy.
Speaking on the occasion, MR Kumar, chairperson, LIC, said product delivery is of utmost importance to the corporation.
He informed that India Post has gone a long way in combining Digitalisation & Technology to bring out new initiatives and through this collaboration between the two giants,
Telengana Circle has taken the lead and he hoped that this venture is replicated across the country.
“LIC has brought out many digital initiatives and this print to post solutions is the missing piece in the complete digitilisation which has now plugged the gap,'' he said.
Mukesh Kumar Gupta said that the end-to-end solutions would provide the much needed fillip in the issue of policy documents with reduced TAT(turn around time) to enhance the customer experience.
Ajay Kumar Roy, deputy director general, postal directorate, said delivery on the “Day of Receipt” is the working theme of India Post.
He also highlighted the long and historical relationship between LIC and department of posts and this venture would only go to strengthen the relationship.