by AIP Online Bureau | Sep 4, 2023 | Eco/Invest/Demography, Health, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology
Cyril Amarchand Mangaldas (CAM) has been appointed as the legal counsel for the project. Responsibilities of CAM will include incorporation of Section 8 not-for-profit company which will be the company owning the Bima Sugam platform The platform will support all...
by AIP Online Bureau | Jun 16, 2023 | Indian News, Life, Non-Life, Regulation, Technology
(Lto R) SN Rajeswari, member(Distribution), IRDAI, Debasish Panda, chairman,IRDAI, Sumit Bohra, president,Insurance Brokers Association at the Annual Brokers’ Meet in Mumbai on Friday “We are working to make the platform and the product as glitch-free as...
by AIP Online Bureau | May 18, 2023 | Health, Indian News, Life, Non-Life, Reinsurance
Debasish Panda, chairman, IRDAI Raising the overall budget for Bima Sugam to Rs 200 crore from around Rs 85 crore, Irdai now plans to go for requests for proposals (RFPs) soon to appoint a service provider for the platform. The service providers will be the...
by AIP Online Bureau | Oct 30, 2022 | Health, Indian News, Intermediaries, Life, Non-Life, Regulation, Technology
“So it’s like a shopping mall. So you go and shop there. And as far as the KYC is concerned, the moment you enter the portal, type your Aadhaar number, the data will auto populate. The KYC will be done through your Aadhaar number which will be masked for...
