Bima Sugam combines Life, Motor and Health Insurance under a unified digital public infra for insurance.
Bima Sugam will allow agents, brokers and insurers to operate under one roof enabling seamless operations.
Phase 1 launch builds an Information hub although functionality of agents and insurers will be added later.
To cut middlemen costs and offering a secure policy storage leading to better transparency and fairness for all.
Bima Sugam aligns with the national vision of “Insurance for All by 2047” and PM’s mission of Viksit Bharat 2047.