Aegon Life Insurance is exploring partnerships with fintech firms to expand customer base through a digital push of selling policies online, a top company official said.
Among 23 private life insurers, Aegon is ahead of only Sahara Life on new premium collection.
The LIC, the only state-owned life insurer, holds the top rank in the life insurance space.
"While market share is important, at this point of time, the focus is to build the business more towards direct-to- customer and more digital with an omni-channel kind of a concept," Saibal Ghosh, Chief Investment Officer, Aegon Life Insurance, told during an interaction.