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Seth to take stock of Bima Sugam with insurers on Tuesday, to discuss launch of standard Health & Motor covers on e-platform

Seth to take stock of Bima Sugam with insurers on Tuesday, to discuss launch of standard Health & Motor covers on e-platform

by AIP Online Bureau | Mar 15, 2026 | Health, Indian News, Non-Life, Reinsurance, Technology

Ajay Seth,chairman, IRDAI “We are having a virtual conference with insurers and officials of Bima Sugam Federation,wherein details of a standard motor and standard medical policy sold over the platform would be discussed,’’ said the IRDAI sources IRDAI chairman...
Irdai chairman Ajay Seth launches Bima Sugam website

Irdai chairman Ajay Seth launches Bima Sugam website

by AIP Online Bureau | Sep 17, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation

“The launch of the website today is an important milestone, and I am confident that with collective industry commitment, the vision of ‘Insurance for All by 2047’ — as part of the Prime Minister’s mission of Viksit Bharat 2047 — will become a...
Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation

Former IRDA member Rakesh Joshi made chairman of Bima Sugam India Federation

by AIP Online Bureau | Jul 3, 2025 | Indian News, Life, Non-Life, Technology

Rakesh Joshi, chairman, Bima Sugam India Federation Joshi as a member of IRDA from March 2022 to December 2023, under the chairmanship of Debasish Panda  was very closely involved with the development and implementation of Bima Sugam  and Bima Vistaar...
Bima Sugam achieves financial closure, mops up Rs 340 crore from insurers and GIC Re

Bima Sugam achieves financial closure, mops up Rs 340 crore from insurers and GIC Re

by AIP Online Bureau | Apr 14, 2025 | Indian News, Life, Non-Life, Regulation, Technology

The Ministry of Finance has prohibited three PSU general insurers- Oriental Insurance Company , National Insurance Company and United India Insurance- from providing any capital to Bima Sugam as currently, they lack shareholders’ capital and they are not permitted use...
Bima Vahak’s portal is ready for soft launch in April, says IRDAI

Bima Vahak’s portal is ready for soft launch in April, says IRDAI

by AIP Online Bureau | Feb 15, 2025 | Eco/Invest/Demography, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology

The implementation of Bima Sugam is going as planned and is now ready to be capitalized by Indian insurers, said the IRDAI Hyderabad: The unveiling of of IRDAI’s game changing move Bima Sugam might have been delayed but the portal for Bima Vahak’s, the localised...
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