Indian insurance regulator asks firms to offer Digilocker to policyholders.
BANKING AND CREDIT NEWS-February 15, 2021--Indian insurance regulator asks firms to offer Digilocker to policyholders
(C)2021 M2 COMMUNICATIONS http://www.m2.com
Global Banking News - 15 February 2021
The Indian insurance regulator, Irdai, has called on insurers to offer Digilocker digital policy services to policyholders.
The move is expected to bring down costs and also speed up the claims processes. The regulator also said that insurers must teach their retail policyholders about Digilocker and how to use it.
Digilocker is an initiative under the government's Digital...
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