LIC gearing up to give tough fight to private insurers. Know how

Time is ripe for Life Insurance Corporation of India (LIC) to go for a technology upgradation plan! To compete with private players, the state-run insurer will rely on technology upgradation. This includes handling documents, speed up policy writing, setting up…

LIC upgrading technology to compete with private sector

State-run Life Insurance Corporation of India is upgrading its technology to compete better with the private sector. The country's largest insurer has issued tenders for upgrade of its system to handle documents and speed up policy writing, creation of acall…