LIC launches 1st digital app ‘ANANDA’

Life Insurance Corporation of India has launched a digital application for agents for onboarding to get a life insurance policy. The Digital Application is called “ANANDA”, which is an acronym for Atma Nirbhar Agents NewBusiness Digital Application. The Digital application is a tool for the onboarding process to get the life insurance policy through a paperless module with the help of the agent or intermediary.

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Important takeaways for all competitive exams: 

  • Life Insurance Corporation of India Headquarters: Mumbai, Maharashtra.
  • Life Insurance Corporation of India Chairperson: M R Kumar.
  • Life Insurance Corporation of India Founded: 1 September 1956.

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