Retina scan...
“We believe that the Indian insurance market is still in its nascent stage ... We have a little over 5% of the Indian population covered ... there is a lot of space for many more players to enter and operate.”
“The online channel is likely to grow exponentially ... after traditional agents and bancassurance, it could over the next five years become a sustainable third significant distribution channel for the insurance companies.”
“The Industry right now is focused on the same kind of segment, same kind of products. (It) should get into more innovation either on the servicing front, product development or alternate distribution channels...”
“Need for customisation has become the norm for today. One size no longer fits all! Customers demand individual attention and products that cater to those needs.”
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