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Bima Sugam will list insurance products from all life, health, and general insurance categories, providing a comprehensive one-stop shop for insurance needs.
Bima Sugam, IRDAI said will be a one-stop solution for all insurance stakeholders, vis-a-vis customers, insurers, intermediaries or insurance intermediaries, and insurance agents.
It is expected to revolutionise the way insurance is purchased and serviced in India by bringing buyers, insurers, and intermediaries together on a single digital platform
Bima Sugam, which is part of the Bima trinity, seeks to empower and protect the interest of policyholders, increase insurance penetration and enhance availability, accessibility and affordability.