The Insurance Regulatory and Development Authority of India (IRDAI) now allows the distribution of microinsurance [4] products through points of sale. Its goal is to maximize the penetration of insurance in the country.
This decision, which has long been sought by some insurers, could lead to a premium discount and improved product availability.
Links:
[1] https://twitter.com/intent/tweet?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Firdai-expands-microinsurance-distribution-network&text=IRDAI+expands+microinsurance+distribution+network
[2] https://www.linkedin.com/shareArticle?url=https%3A%2F%2Fwww.atlas-mag.net%2Fen%2Farticle%2Firdai-expands-microinsurance-distribution-network&source=Atlas Magazine&mini=true
[3] https://www.atlas-mag.net/en/issue/china-s-awakening-sends-shockwaves-around-the-world
[4] https://www.atlas-mag.net/en/article/microinsurance