FM directs public sector general insurers to develop products tailored to new and emerging risks, including cyber fraud
Finance and corporate affairs minister Nirmala Sitharaman has directed public-sector general insurance companies (PSGICs) to develop innovative insurance products tailored to new and emerging risks, including cyber fraud, and to diversify their product portfolio in line with evolving consumer needs in a bid to strengthen operations and generate profits. Three PSGICs–Oriental Insurance, United India Insurance…
