Overview
- The Bima Sugam India Federation unveiled the website at IRDAI headquarters in Hyderabad with Chairman Ajay Seth and industry leaders present.
- The site currently serves as an information and guidance gateway, with transactional features to follow after insurers and ecosystem partners complete technical and operational integrations.
- Envisioned as a unified marketplace, the platform is intended to aggregate life, health and general insurance offerings across companies to simplify comparison, purchase and policy management.
- IRDAI positioned the initiative as the foundation for India’s Digital Public Infrastructure for insurance, aligned with the goal of Insurance for All by 2047 under Viksit Bharat 2047.
- Planned utilities include a digital policy repository, e-KYC and consent services, and a real-time claims servicing gateway, with assurances on security, compliance and scalability.