IRDAI Sets Up Task Force, Taps Into Aadhaar To Simplify KYC, Streamline Claims And Reduce Frauds
In a bid to streamline know your customer procedures in the insurance sector, IRDAI has set up a task force to facilitate the use of Aadhaar for customer identification. This initiative aims to enhance customer on-boarding, prevent fraud, and improve operational efficiency for insurance providers.
Source: outlookindia.com