The electric two-wheeler manufacturer is seeking to expand its revenue streams by leveraging its existing customer base to distribute insurance products under a composite corporate agent licence.
Authorities warned against imposing uniform requirements on agents or suggesting contract terminations without sufficient consultation as the industry implements post-scandal reforms.
The proposed commission caps have pushed PB Fintech to weigh a move into insurance manufacturing, while some insurers need little or no cost cutting to meet the proposed EoM limits.
