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RattanIndia Enterprises’ arm receives insurance direct broker licence from IRDAI
Nov-29-2022

RattanIndia Enterprises’ (REL) wholly owned subsidiary -- Neotec Insurance Brokers has received insurance direct broker licence from IRDAI for life and general insurance. This licence will pave the way for REL to start the business of sales of life and general insurance products though digital channels on its fintech marketplace platform BankSe.

Digital distribution channels will drive the next phase of growth in the insurance distribution landscape in India. Digital India ecosystem with Aadhaar and Account Aggregator network is enabling self-service platforms through digital modes which provide a hassle free consumer experience in cost efficient and transparent manner for customers. REL will be at the forefront of this insuretech revolution with its data driven digital delivery of insurance products at grassroot level on its fintech platform BankSe.

RattanIndia Enterprises is engaged in the business of Power generation, transmission and distribution of power and power advisory.

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