Irdai asks cos to make insurance affordable

Irdai urged insurance companies to devise strategies for affordable insurance to achieve 'insurance for all' by 2047. Key discussions included increasing provider diversity, widening distribution channels, leveraging Insurtech for efficiency, and strengthening state insurance plans to reduce premiums and make insurance accessible, especially in underserved areas.

Irdai asks cos to make insurance affordable

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Irdai urged insurance companies to devise strategies for affordable insurance to achieve 'insurance for all' by 2047. Key discussions included increasing provider diversity, widening distribution channels, leveraging Insurtech for efficiency, and strengthening state insurance plans to reduce premiums and make insurance accessible, especially in underserved areas.