Anuj Kumar, Managing Director of Computer Age Management Services (CAMS), said the company is focusing on expanding its Electronic Insurance Account (EIA) business, especially after its recent partnership with Life Insurance Corporation of India (LIC). He sees strong growth potential in the insurance repository sector.
“I think the way this game is played is that the larger number of insurance accounts you have…you can get as much market share as you drive the EIA account,” he said.
Since an individual can hold only one EIA, it serves as a digital…
