Game changer? LIC may enter indemnity health insurance by buying stand-alone private insurer, says CEO

August 12, 2024

Siddhartha Mohanty, CEO & MD of LIC, discussed the company’s plans to enter the indemnity health insurance sector by potentially acquiring a stand-alone private health insurance firm. He emphasized LIC’s digital transformation and its strategy to balance digital and agency channels. Mohanty also addressed insurance sector challenges, market investments, and LIC’s undervaluation in the stock market.

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