 "Rakesh Joshi, Member (finance and Investment) IRDAI")
To enhance the insurance force in India, the Insurance Regulatory and Development Authority of India (IRDAI) will soon introduce "Bima Vahaks" in each gram panchayat, Rakesh Joshi, a member of the insurance regulatory body, said on Thursday.
"Each Gram Panchayat will have a 'Bima Vahak' who would be tasked to sell and service simple parametric bundled insurance products, Bima Vistar, covering health, property, life and personal accident," Joshi said at the Business Standard BFSI Insight Summit 2022 in Mumbai.
"This bundled product could be bought in units of the sum insured. App-based infrastructure will be put in place to ensure
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