IndiaInsurance
11th January 2012, 08:59 AM
In short, the bank has neither information nor trained staff to guide him. The prevalence of such cases has driven the Insurance Regulatory and Development Authority (Irda) to lay down guidelines for Open Architecture, a concept which addresses the problems of customers in search of appropriate insurance options and thereby brings about their financial inclusion. One may wonder what open architecture is and how it helps the customer.
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/open-architecture-brings-new-possibilities-in-insurance-reach/articleshow/11442669.cms)
More... (http://economictimes.indiatimes.com/personal-finance/insurance/analysis/open-architecture-brings-new-possibilities-in-insurance-reach/articleshow/11442669.cms)