News From Press Insurers keen on more tie-ups with MFIs for rural penetration

Insurers keen on more tie-ups with MFIs for rural penetration

Source: Financial Express Jan 17, 2023

With the Insurance Regulatory and Development Authority of India (Irdai) increasing the maximum number of tie-ups for corporate agents and insurance marketing firms, insurance companies are approaching microfinance institutions for partnerships to leverage their last-mile connectivity for deeper penetration into the rural market.

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