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CAMSRep has successfully crossed the milestone of servicing over 1 crore e-policies within 80 lakh e-Insurance Accounts (eIA), establishing itself as the largest insurance repository in India. This rapid growth highlights a significant digital transformation in the insurance sector, with over 90% of insurers transitioning to electronic policy issuance. Recent regulatory initiatives have further promoted the adoption of e-policies, which streamline the management of insurance portfolios and enhance claim settlement efficiency.
CAMSRep's new integrated platform, Bima Central, caters to its growing eIA base, allowing policyholders to manage and access services through user-friendly digital channels. The platform, available in multiple languages and on various devices, has already attracted 4.5 lakh active users and processes around 1 lakh service requests monthly. The company's collaborations with leading insurers are expected to bolster customer engagement and operational efficiency further. This positive trajectory positions CAMSRep as a pioneering player in the insurance industry’s digital landscape, suggesting a promising future for investor engagement and growth opportunities.
All announcements from Computer Age Management Services Limited