• India is taking a significant step toward streamlining its insurance sector with the launch of Bima Sugam, envisioned as a one‑stop digital marketplace for all kinds of insurance products — life, health, general, motor, travel, etc.
• The portal, overseen by the Insurance Regulatory and Development Authority of India (IRDAI) and operated by the Bima Sugam India Federation (BSIF), is being rolled out in phases, with its full transactional functions expected to be enabled by December 2025.