June 20, 2026

insurance penetration

Digital push: LIC urged to double down on mobile-first outreach; focus on ‘insurance for all’, says Nagaraju

Digital push: LIC urged to double down on mobile-first outreach; focus on ‘insurance for all’, says Nagaraju

admin02 mins

Financial Services Secretary M Nagaraju has asked the Life Insurance Corporation of India (LIC) to sustain its push on digital marketing and a mobile-first strategy to help achieve the national objective of “insurance for all”.Speaking at LIC’s strategy meet in Mumbai, Nagaraju said the insurer’s expanding digital outreach would be critical to widening coverage and…

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Insurance mis-selling: Irdai flags sharp rise in unfair practice complaints; asks insurers to fix root causes

Insurance mis-selling: Irdai flags sharp rise in unfair practice complaints; asks insurers to fix root causes

admin02 mins

Mis-selling continues to be a key concern in the insurance sector, with the regulator asking insurers to dig deeper into the root causes behind such practices, according to the latest annual report of the Insurance Regulatory and Development Authority of India (Irdai).While the total number of grievances against life insurers remained largely unchanged at 1,20,429…

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