When chartered accountant Anmol Jaju, a resident of Mumbai, wanted to buy a motor insurance policy for his two-wheeler—a Honda Activa, he visited the website of an online broker and zeroed in on a top insurer that offered a lower premium. “I filled up my vehicle’s information on the broker’s platform. Most other sections got automatically populated," says Jaju. So far, so good.
India: New entrants and digital players intensify competition
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