BIMA Sugam Gets IRDAI’s Nod – Here’s How This New Insurance Marketplace Will Work

  The Insurance Regulatory and Development Authority of India (IRDAI) has approved BIMA Sugam, an insurance exchange e-commerce platform similar to the concept of Amazon. Sugam will serve as a one-stop destination for all insurance needs, from policy purchase to claim settlement and everything in between. The platform would provide buyers with a host of … Read more

IRDAI Launches Bima Sugam, One-stop Shop For All Insurance Needs; Know Details

  IRDAI Bima Sugam: Insurance Regulatory and Development Authority of India (Irdai), recently announced the launch of Bima Sugam—an online marketplace that will house all companies selling life and non-life insurance on a single platform. The portal is scheduled to go live on January 1, 2023. In a bid to digitise the insurance marketplace to … Read more