, India

India's Choice Group floats insurance aggregator platform

ISMOS will offer life, health and general insurance plans.

Indian financial conglomerate Choice Group has launched a fintech aggregator platform to tackle low insurance penetration, an announcement read.

The platform ISMOS will offer life, health and general insurance plans.

Customers will be able to extract a quote directly from several insurance companies on the ISMOS platform and buy policy of their choice instantly.

To supplement the initiative, the platform has enrolled over 1,000 points of sales persons that have been approved by the Insurance Regulatory and Development Authority of India (IRDAI). The platform will also facilitate claims through third-party administrators.

 

Join Insurance Asia community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Exclusives

Natural disasters steer Asia Pacific towards parametric insurance
Swiss Re gives importance to parametric insurance amidst challenges like basis risk and modelling complexities.
Insurance
InterContinental Singapore is saving insurance for a rainy day
NUS Professor Charoenwong discusses the effectiveness and value of a Singaporean hotel’s rain insurance offer.
Insurance