insurancebusinessmag

Indian insurtech Covrzy secures broking license

Covrzy, the brand name of Bizcovr Insurance Broking Private Limited, has been granted a direct broking (general) license by the Insurance Regulatory and Development Authority of India (IRDAI). According to CIO News, this regulatory approval enables the insurtech start-up to offer a variety of business insurance products as a direct broker in the Indian market.