News From Press Key regulatory developments that changed the course of insurance industry in 2023

Key regulatory developments that changed the course of insurance industry in 2023

Source: Financial Express Jan 1, 2024

Embracing regulatory transformation and innovation, the year 2023 was nothing short of a milestone for the insurance industry. The dynamic customer needs served as a catalyst of change and the industry rose to the occasion with several customer-centric policy changes. The regulatory authority is already steering the sector towards Insurance 2.0 with initiatives like Bima Trinity bringing about better accessibility and inclusivity to the insurance industry.

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