Hi All,
Recently IRDAI has announced that life insurers can now sell full fledged health insurance plans. Previously most of the health insurance were part of the general insurance division. How this will affect pure play general insurance companies like ICICI Lombard… Now ICICI LOMBARD will have competition from life insurance companies like LIC and their own sister concer life insurance division ( ICICI Pru life)…
Definitely ICICI Pru will launch their own health insurance products
When it comes to Banca partner ICICI BANK. Whom they would refer incase if cross selling health insurance…
Will they have conflict of interest between both life and general insurance arms…
Are there any possibilities of merging both the arm to form one single insurance company?
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