Digit said that it is building a technology driven platform that can offer customized products at reduced cost and will provide customer service.
Prem Watsa's Fairfax-backed Digit Insurance has received the Certificate of Registration (R3) from the Insurance Regulatory and Development Authority of India (IRDAI) to carry on general insurance including health insurance business in India. The company will introduce its products and services in the next four to six weeks in the Indian market.
In a statement, Digit said that it is building a technology driven platform that can offer customized products at reduced cost and will provide customer service.
Jasleen Kohli, Director and Chief Distribution Officer said, “For us, Making Insurance Simple translates into – Easy interface for customers and partners to interact and transact with us, Simple products, Simple and effective claims’ process."
The company plans to initially offer retail insurance products through strategic partners.
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