India’s largest digital payments company, Paytm, through its mobile wallets is looking at ways to revolutionise India’s insurance business. It has launched a program to offer health insurance to auto and cab drivers – 300,000 of them – who use Paytm to accept fares.
“That benefit can be passed on policy holder… The potential is huge as healthcare, unlike in developed countries, is hugely underpenetrated,” said Sanchit Vir Gogia, Chief Analyst and CEO of Greyhound Research.
Source: Hindustan Times