“Good thing is that from the regulatory perspective, there have been a lot of enablers. However, there are challenges in terms of the initial impact of COVID-19 cases as the claims have been high,” ABHICL Chief Executive Officer Mayank Bathwal.
The company”s unique and differentiated health-first business model, such as 100 per cent return of premium, is contributing to more than 50 per cent of retail health new business, he said.