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Epaper Friday, September 05, 2025

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Congratulatory Quote on Accounts Aggregator Foundation Day

September 02, 2025 05:00 PM

On Accounts Aggregator (AA) Foundation Day, we congratulate the AA Ecosystem for making financial data sharing safe, simple, and consent-driven. We see the AA Framework promoting the use of data, analytics and technology for designing insurance products that are more affordable, accessible, and tailored to people’s needs. In 2025, the use of AA increased in the insurance sector, particularly for underwriting term insurance policies, and we encourage more insurance companies to experiment and innovate using the powerful DPI rails. This DPI is poised to play a key role in ensuring that every Indian family has adequate protection, and we achieve the country's objective of “Insurance for All by 2047”.

Ajay Seth
Chairperson, IRDAI

 

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