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Special Address by MR Kumar Former LIC Chairman


M.R. Kumar
Former Chairman,
LIC of India

Addressing the august gathering as part of the special address at Zopper NXT10 InsurTech Summit 2023, MR Kumar, former LIC Chairman, shared important takeaways: - In Aug 2023, UPI transactions crossed 10 billion - India’s insurance segment has to witness a UPI-like moment - We have tech but not awareness - There are 40 lakh agents for selling insurance but they need tools to help them sell - We need bionic agents - our insurance agents need to be batman, superman they should have tools that help them sell insurance


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