Irdai permits general insurers to issue sophisticated add-ons for motor insurance

"The Concept of Motor Insurance is constantly evolving. The advent of technology has created a relentless pace for the insurance fraternity to rise up to interesting yet challenging demands of the millennials. The general insurance sector needs to keep pace with and adapt to the changing needs of the policyholders," Irdai said in a statement.

from Banking/Finance-Industry-Economic Times https://ift.tt/h1zxsEO