01-June-2026
Corporate News
 
LIC plans foray in fintech space, strategic investment also on table: CEO Doraiswamy
01-Jun-2026

Insurance giant LIC is actively considering establishing a fintech arm either through strategic investment or organic way to cater to its growing digital needs, CEO and MD R Doraiswamy said. "Naturally, to meet the modernisation requirement and particularly to bring innovation, we are engaging both fintech and insurtech players and we are getting a lot of new things being developed by such players," Doraiswamy told PTI in an interview.

News Source:- https://economictimes.indiatimes.com/industry/banking/finance/insure/lic-plans-foray-in-fintech-space-strategic-investment-also-on-table-ceo-doraiswamy/articleshow/131420113.cms