FM Sitharaman reviews public sector insurers’ performance, calls for digital push and product innovation
Finance Minister Nirmala Sitharaman reviewed the performance of public sector general insurers, urging digital transformation, innovative insurance products, and improved customer service. She highlighted the need to boost insurance penetration, adopt AI for claims processing, and enhance financial stability through better underwriting and strategic partnerships. Regular progress reviews have been planned.
Finance Minister Nirmala Sitharaman reviewed the performance of public sector general insurers, urging digital transformation, innovative insurance products, and improved customer service. She highlighted the need to boost insurance penetration, adopt AI for claims processing, and enhance financial stability through better underwriting and strategic partnerships. Regular progress reviews have been planned.
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