LIC launches IT Platform e-PGS for group business operation
The Life Insurance Corporation of India (LIC) introduces a new IT platform called ‘e-PGS’. ‘e-PGS’ platform will be for its group business operations.
- e-PGS is a centralized web-based workflow-based IT platform.
- it will offer centralized collection and payment accounting with a high level of bank integration through the host to host connectivity.
- Along with it, it will also offer comprehensive self-servicing capabilities via a customer portal where corporate customers can view their data, initiate actionable processes, lodge and track claims.
About Life Insurance Corporation of India (LIC) –
Chairperson: M R Kumar
Founder: Government of India
Founded: 1 September 1956
Headquarters: Mumbai
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