Go Digit is an unintended beneficiary in the proposed shake-up of Indian insurance
The Insurance Regulatory and Development Authority’s (IRDAI) proposed commission cuts have come at an unusually good time for Go Digit—just weeks after the digital general insurer deliberately sacrificed growth for profitability in the June quarter.
Last week, IRDAI set the cat among the pigeons with its radical proposals in a public consultation paper titled ‘Recalibrating economics of insurance distribution’.
The proposalsThe Indian ExpressWhat are IRDAI’s proposed insurance reforms, why have they hit insurance stocks? introduce sharp cuts in........
