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BSE EBIX partners LIC for distribution of insurance products

February 18, 2022

BSE EBIX partners LIC for distribution of insurance products
BSE EBIX insurance broking pvt ltd, a joint venture of BSE and EBIX Singapore pvt ltd., announced the signing of Insurance Broker Agreement for the distribution of Life Insurance Corporation products on its state of art hi-tech platform. 

Under this agreement, BSE EBIX will offer their clients insurance products offered by LIC such as Life and Health, using its omnichannel digital presence. This collaboration of two like-minded companies aims at offering customer-centric solutions backed by technological innovations and best-in-class services. 
 
EbixCash, a subsidiary of EBIX, Inc. is in the process of seeking IRDA approval to transfer its share ownership in BSE EBIX from its parent Ebix Singapore pvt ltd. to EbixCash Ltd. 
 
Insurance is an important risk-mitigating tool that protects the economic interests of individuals and organizations. BSE EBIX aim is to reach out to every citizen of the country and provide insurance solutions to serve clients spread across the nation, and ensure they are secured and protected. 
 
The launch of LIC products by BSE EBIX is a major development from the organizations perspective since Life Insurance is traditionally one the fastest growing insurance segments in the nation. 
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