Bengaluru: Kishore Biyani’s
Future Group is looking to offer
microinsurance to customers as part of its
digital commerce strategy, with technology making it an attractive product to sell.
The company had launched
Future Pay wallet last year and is launching a consumer-lending business soon. Future Group and Italian insurance giant Generali Group already have a joint venture called Future Generali. “We want to do micro-insurance through the data we have about our customers. We are building a frontend distribution company, which will distribute the products Future Generali makes,” said Vivek Biyani, a director at Future Group who also heads its digital business initiatives.