Digital insurance platform Bima Sugam launches soon: IRDAI

• IRDAI chairperson Debasish Panda announces launch of Bima Sugam, a digital insurance platform.

• The company is formally registered and CEO appointed.

• Other key management personnel appointments are in advanced stages.

• A separate portal will be created for onboarding Bima Vahaks, local intermediaries for insurance distribution.

• Bima Sugam is part of the Bima Trinity initiative to improve insurance coverage.

• Other components include Bima Vistaar and Bima Vahak.