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India: Insurance sector assesses impact of proposed regulator-backed digital marketplace

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The recently approved one-stop Bima Sugam digital insurance marketplace is expected by most insurance industry players to affect the business of private-sector aggregators, especially in straightline products at the lower end of the spectrum such as term products, motor and health covers.

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Atri Chakraborty , Bima Sugam , Vighnesh Shahane , , Hindu Business Line , Ageas Federal Life Insurance , Indiafirst Life Insurance , India , Regulation , Insurtech , Technology ,

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