Leading web aggregator Policybazaar on Friday said it has got approval from regulator IRDAI to undertake insurance broking, a development that will help the company augment business and expand bouquet of services.
The DIPP is an arm of the commerce and industry ministry which deals with FDI related matters and promoting ease of doing business in the country.
Mumbai: Seeking to increase insurance penetration in the country, the Reserve Bank on Thursday allowed banks to act as brokers for insurers, set up their own subsidiaries and also undertake referral services for multiple companies.“Banks
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