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LIC, a key player in India’s universal insurance goal, boosts reach via digital tools and 14.8 lakh agents, including 2.9 lakh women in its Bima Sakhis program.
Financial Services Secretary M Nagaraju emphasized at LIC’s strategy meet that the insurer is advancing India’s goal of universal insurance coverage through a digital-first approach, including mobile marketing and tech-driven products like ULIPs and term plans.
He highlighted LIC’s strong financial health, with assets of Rs 57.23 lakh crore and a high solvency ratio, underscoring its role as a Domestic Systemically Important Insurer.
The company is expanding its reach via over 14.8 lakh agents, including the Bima Sakhis program that has empowered 2.9 lakh women to serve over 14 lakh policies across 50% of panchayats, with plans to expand further.
LIC, un actor clave en el objetivo de seguro universal de la India, aumenta el alcance a través de herramientas digitales y 14.8 lakh agentes, incluidas 2.9 lakh mujeres en su programa Bima Sakhis.