The agreement addresses potential conflict-of-interest concerns while Prudential pursues its acquisition of a controlling stake in Bharti Life Insurance.
The exercise will monitor customer-facing practices across the industry over nine months as regulators intensify scrutiny of digital distribution channels.
Despite low penetration and high out-of-pocket healthcare costs, India’s insurance market is poised for sustained double-digit growth across life, non-life and health segments, says Allianz.
