Recognizing the transformative potential of technology, the government's budgetary provisions aim to harness digital tools and platforms to streamline operations, improve service delivery, and ultimately, empower policyholders."
In a bold move towards modernization and efficiency, the 2024 Union Budget of India has laid down a roadmap for the digitization of the country's life insurance sector. With a keen eye on fostering innovation and enhancing customer experiences, the budget's push for digitization holds immense promise for both insurers and policyholders alike.
The digital revolution sweeping through various industries has now firmly set its sights on insurance, and the life insurance sector in India is no exception. Recognizing the transformative potential of technology, the government's budgetary provisions aim to harness digital tools and platforms to streamline operations, improve service delivery, and ultimately, empower policyholders.
This story is from the May 2024 edition of THE INSURANCE TIMES.
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This story is from the May 2024 edition of THE INSURANCE TIMES.
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"Bancassurance is at the heart of our growth strategy. It allows Bandhan Life to reach more customers and provide accessible, trusted insurance solutions through a familiar network."
About Indranil Dutta - Indranil Dutta brings 23 years of experience in insurance, banking, and sales, with a specialization in bancassurance. As the Chief Business Officer - Bancassurance at Bandhan Life Insurance, he leads the banca sales channel and plays a key role in driving the company's strategic vision of becoming a leading multi-channel life insurer with an expanded presence across product categories.
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The Eighth Bima Manthan, the quarterly meeting of IRDAI with the insurance industry was held on 11th and 12th November 2024, in Hyderabad
International Conference on Inclusive Insurance (ICII) 2024
The 20th edition of the International Conference on Inclusive Insurance (ICII) concluded on a high note in Kathmandu, Nepal, after five days of insightful discussions, interactive workshops, and collaborative networking. Hosted by the Nepal Insurers' Association in partnership with the Life Insurance Association Nepal, Nepal Micro Insurance Association, Nepal Insurance Authority, Munich Re Foundation, and the Microinsurance Network, the conference brought together around 500 participants from around the globe. The Insurance Times was the media partner in the event.
How to choose a Health Insurance Plan that fits your evolving needs
When you are single, you might focus on plans with basic coverage and low premiums. As you get married, look for family floater plans that cover your spouse. When you have children, ensure the plan covers pediatric care, vaccinations, and other child-specific healthcare needs.
My View on #20SIRC Conference
The participants include world top reinsurers, brokers, insurers, IT companies, Consultants, and Regulators. As a regulator from Nepal attending the (#20SIRC) was a unique thrilling experience that provided opportunities for learning, networking, and strategic development. Here's a detailed perspective that I had experienced during my visit to Singapore.
