As the Union Budget 2026 approaches, the insurance sector is looking for policy clarity to convert recent legislative reforms into wider coverage and deeper penetration. Industry stakeholders believe ...

Bima Sugam to Launch in 2025: A Unified Digital Insurance Marketplace Aiming for ‘Insurance for All by 2047’ Buying and claiming insurance in India is about to become easier than ever. The Bima Sugam ...

Bima Sugam will be established under Section 8 of the Companies Act, 2013, as a not-for-profit company Shareholding of the company will be widely held amongst life, general and health insurers, with ...

The Life Insurance Corporation of India (LIC) has rolled out two new insurance offerings, Protection Plus and Bima Kavach, aimed at giving policyholders greater flexibility in how they plan protection ...

Often, when life insurance is discussed, the first names that come to mind are LIC or private insurance companies. But as soon as the premium figures are revealed, people hesitate. Paying thousands of ...

It said that the marketplace would serve as a one-stop-platform for selling, servicing and claim settlements As per IRDAI, the platform will promote “transparency, efficiency, and collaboration across ...

Finance Minister Nirmala Sitharaman on Tuesday said the insurance reforms brought in through a bill in Parliament will grant greater access to insurance for the people, have better regulatory ...