Source : PTI | Financial services firm Navi on Tuesday announced its foray into the motor insurance segment with the launch of a fully digital, zero-commission offering for cars and two-wheelers.
The direct-to-customer product, available on the Navi app, eliminates intermediary commissions to offer competitive and transparent pricing, the company said in a statement.
The new offering provides comprehensive, own-damage, and third-party covers for both traditional and electric vehicles (EVs).
“As a digital-first, direct-to-customer insurer, we are cutting out commissions entirely, thus passing those savings directly to customers through competitive pricing,” said Vaibhav Goyal, Managing Director and CEO, Navi General Insurance.
