BimaPay targets ₹2,500 crore premium financing in FY27

BimaPay Finsure, a digital lending platform enabling flexible insurance premium payments, plans to more than double its premium financing to ₹2,500 crore in FY27, as affordability remains a key barrier to insurance adoption and renewals among individuals and MSMEs.

The insurtech platform said it is investing in technology and credit infrastructure to strengthen its credit-assessment engine and process a higher volume of policies to achieve the target. It is also strengthening its risk and compliance systems to support the planned scale-up.

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