Reliance General Insurance has received "Sandbox" approval from the Indian regulator IRDAI to release nine insurance products.
Sandbox Regulatory (RS) approval, created by IRDAI in 2019, refers to the testing of new products or services in a regulated environment.
RS allows innovative companies to conduct on-site tests to evaluate the pros and cons of proposed solutions.
Read also | Indian insurance market [4]
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[3] https://www.atlas-mag.net/en/issue/atlas-magazine-n-186-december-2021
[4] https://www.atlas-mag.net/en/article/indian-insurance-market-structure