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A large digital company in India turned its attention to life insurance

Paytm, an Indian company engaged in payment systems and e-commerce, as well as Aegon Life, are creating a comprehensive product in the life insurance market, Zeebiz.com reports.
A large digital company in India turned its attention to life insurance

In the context of cooperation, Paytm will be selling Aegon Life products among its customers. The common digital platform is being developed for it. “This partnership is a great example of the Raytm and Aegon Life synergy. Big data analysis will quickly and accurately determine customer needs,” the article says.

The digital platform is expected to streamline potential buyers' access to the Aegon Life product line. “We are pleased to have started working with Paytm and see huge potential for growth. The light and comprehensible products developed as part of the partnership will soon appear and be sold only in Paytm, as more and more Indians are using their smartphones to make purchases,” said Vineet Arora, Aegon Life Insurance CEO.

Analysts estimate Paytm at $7 billion.

Source: https://www.zeebiz.com/personal-finance/news-paytm-partners-aegon-life-to-boost-digital-insurance-in-india-111381

Photos are from open sources.

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