Banks Insurance Broking Model

Notwithstanding a tepid response by banks to act as brokers for selling products of multiple insurers, the Insurance Regulatory and Development Authority (Irda) is hopeful that this model will pick up in due course even as it said it is renewing the corporate agency licence of banks as of now.

Notwithstanding a tepid response by banks to act as brokers for selling products of multiple insurers, the Insurance Regulatory and Development Authority (Irda) is hopeful that this model will pick up in due course even as it said it is renewing the corporate agency licence of banks as of now.