Reliance General Insurance to Launch Nine Sandbox Approved Products Soon
New Delhi: Reliance General Insurance Company announced on Tuesday that it will soon release nine sandbox products to meet the changing needs of consumers.
The company has already received approval from the Insurance Regulatory and Development Authority of India (IRDAI).
This announcement is in line with the company’s long-term goal of re-innovating and redefining the insurance industry to meet the expectations of rapidly changing customers in the digital age.
“Three of the nine products are from the telematics segment, while the remainder of the offerings are from the company’s innovative product line designed to meet current and future customer needs. As one of the most technology-driven insurance companies, RGICL aims to showcase these pioneering product offerings to provide holistic insurance coverage from a futuristic perspective, ”the company said in a statement.
According to Rakesh Jain, CEO of Reliance General Insurance Company, “The pandemic has transformed the insurance landscape and raised customer expectations. The nine approved sandbox products are designed to meet customer expectations with personalized offerings.
“They are also modeled to meet current and futuristic customer needs. We intend to take the customer experience to the next level with these new-age offerings,” said Jain.
Reliance General Insurance, part of Reliance Capital, is one of the leading general insurance companies in India. It offers auto insurance, health insurance, travel insurance and home insurance, among other personalized solutions.