Insurance intermediary biz now opened up to foreign investors2 min read . Updated: 30 Aug 2019, 12:19 AM IST
- Govt’s move will help bring more capital, which will boost investment, augment reach of intermediaries
- Insurance intermediaries are brokers or agents who function as links between insurance companies and customers
The government’s decision to permit 100% foreign direct investment (FDI) in insurance intermediaries is expected to help foreign brokerages buy into Indian companies and deepen the market in terms of new products and technology. This could help bring in global products, practices, and sales strategies to India’s insurance market.
Select your Category