The second wave of the pandemic led to an uptick in demand for term and health insurance products, but the supply side constraints proved to be a dampener for the business. Sarbvir Singh, CEO, PolicyBazaar.com, speaks to Subrata Panda on the current trends in the insurance industry and how his firm's business model will change now that it has got a broker's licence. Excerpts:
Q. What kind of impact has the second wave had on the business of the company?
It was similar to what we saw last year. We saw a lot of demand from consumers on the health