News From Press Customer data portability coming in insurance sector

Customer data portability coming in insurance sector

Source - HinduBusiness Line Aug 3, 2018

It may soon be possible to take your data with you when you change your insurance company for continuity of benefits.

A panel on innovations in insurance and insurance technology and related regulatory aspects, formed by the Insurance Regulatory and Development Authority of India (IRDAI), has recommended portability of customer data when a customer moves from one insurer to another.

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