Irdai slaps Rs 15 lakh penalty on Bharti AXA General Insurance
A penalty of ₹1 crore recommended due to the repetitive nature of non-compliance by the private sector insurer by the officer.
A penalty of ₹1 crore recommended due to the repetitive nature of non-compliance by the private sector insurer by the officer.
All distribution channels rose significantly, with motor, health and travel fuelling the growth for the retail channel which recorded 33 per cent increase in its revenue to Rs 1,960 crore in 2019-20 as compared to Rs 1,472 crore in the same period a year ago.
As part of its innovation strategy, Bharti AXA General Insurance introduced WhatsApp chatbot as an instant and additional customer service option for the policyholders, apart from the company's multiple channels.
