Home » LIC introduces Technology Platform ‘e-PGS’

LIC introduces Technology Platform ‘e-PGS’

Sumit Arora Published On June 26th, 2021 Leave a comment

Life Insurance Corporation (LIC) has launched a centralized web-based workflow-based IT platform called “e-PGS”. The new technology platform, e-PGS, has been designed to provide a centralized collection and payment accounting with a high level of bank integration. It has been designed to provide very innovative features of seamless and integrated banking with automatic reconciliations.

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This system is capable of providing comprehensive self-servicing capabilities through the customer portal. On this portal, corporate customers will be able to view their data, initiate actionable processes and lodge & track claims.

Important takeaways for all competitive exams:

Chairman of LIC: MR Kumar;
LIC Headquarters: Mumbai;
LIC Founded: 1 September 1956.

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About the Author

Sumit Arora

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As a team lead and current affairs writer at Adda247, my role involves researching and creating informative and engaging content aimed at helping candidates prepare for national and state-level competitive government exams. I specialize in delivering insightful articles that keep aspirants updated on the latest current affairs trends and developments. My primary focus is on educational excellence, ensuring that our readers are well-prepared and informed to face their exams with confidence. Through meticulously crafted content, I aim to guide and support candidates in their journey toward success.