According to media sources, The department of financial services, along with insurance sector associations and insurance companies, are working on the roadmap for organizing this conference that is slated to be the world’s biggest.
The insurance regulator has been proactive in the past few years and has announced many initiatives, and regulatory developments. Through an explainer, ETBFSI elucidates on the big guns brought in by IRDAI to achieve its target of 'Insurance for all'. Read here to know about- 'Bima Vahak', 'Bima Vistaar' and the digital platform – 'Bima Sugam'
In an exclusive interaction with ETBFSI, Prashant Tripathy, MD & CEO of Max Life Insurance talked about the Insurance behavior of Rural India from awareness, willingness to buy, stark urban-rural divide, saving motive, ownership level, challenges to what could be the key solutions to improve the alarmingly low numbers. Here are the excerpts:
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