Indian digital payments platform Paytm’s subsidiary, Paytm Insurance Broking, has received the brokerage licence from the Insurance Regulatory and Authority of India (IRDAI). Paytm will now offer insurance in various categories namely automotive, health and life. In addition to this, Paytm customers can also get policy management and claim settlement at select merchant points.
Paytm Insurance Broking aims to support its 16 Million merchant partners to sell its innovative insurance products all over India. Also, it aims to expand the outreach of its products in a hassle-free manner and empower the merchant by providing an alternate income source. Paytm has already partnered with 20 insurance companies and is now planning to get an additional 30 companies in future.
Important takeaways for all competitive exams:
India has expanded its list of Classical Languages by granting the status to Marathi, Pali,…
Uttarakhand has been declared India’s sixth fully literate state in 2026, after crossing the national…
The third edition of Sagarmanthan: The Great Oceans Dialogue is scheduled to be held in…
Spanish tennis star Carlos Alcaraz won the 2026 Japan Open men’s singles title in Tokyo…
Serbian tennis legend Novak Djokovic won the 2026 China Open men’s singles title in Beijing…
The World Bank has ranked India among the top 10 emerging-market performers in artificial intelligence…