FDI Hike In Indian Insurance Sector

CABINET'S BOOSTER SHOT OF 74% FDI FOR INSURANCE COMPANIES IN INDIA KNOW THE BENEFITS Technological Innovation The increase in FDI is expected to bring technological innovation that will result in improved quality of products and increased efficiency in the overall system. Employment Opportunities Generate multiple employment and business within the opportunities insurance sector and companies working in the technology space. Better Insurance Offers Insurers will be able to provide more competitive product offerings resulting in increased penetration of services in the country. Cost-Effective %24 With the increase in competition, customers can expect better products at a low cost. Growth of Digital Insurance Sector The digital insurance sector will get a push with infusion of fresh capital as well as boost the technology adoption rate. Read the full article in our Insights section. Connect With Us Visit us at: knowledgetics www.knowledgetics.com in Driving Insights through Knowledge & Analytics