India’s Insurance Regulatory and Development Authority of India (IRDAI) has introduced a groundbreaking Public Insurance Registry aimed at streamlining the management of policyholder data. This innovative Digital Public Infrastructure intends to link all parties within the insurance ecosystem, fostering improved operations. Policyholders will enjoy more efficient monitoring of their policies and expedited claims handling, while insurers can utilize standardized data for enhanced risk evaluation and fraud prevention.
Read more at the source
Disclaimer: The content of this post is sourced from external sites and is for informational purposes only. All rights and credits belong to the original authors and publishers.