IRDAI has granted BimaKavach a license to engage in direct insurance broking, allowing the company to aggressively promote its tailored portfolio of insurance products to companies throughout India.
The company specializes in digitizing cyber and criminal insurance and provides immediate quotations, making online shopping and serviceability easier. It also offers customized advice and solutions.
BimaKavach streamlines the insurance procurement process for enterprises with its portfolio of eighteen insurance products, which are categorized into areas including liability, asset, engineering, marine, and group health insurance. Businesses no longer require several brokers because they can now manage various coverage options from a one, central site.