Protean eGov Technologies has secured a work order worth around Rs 1 billion from the Bima Sugam India Federation (BSIF), as per a regulatory filing. The order was awarded on June 9, 2025, following a request for proposal (RFP) process.

Under the contract, Protean will serve as the technology solution provider for the Bima Sugam Marketplace. Its responsibilities will include overseeing the end-to-end development, implementation, platform integration, support, and maintenance of the digital insurance marketplace.

The engagement is seen as a continuation of Protean’s involvement in building national-level, citizen-centric digital systems, reinforcing its role in India’s Digital Public Infrastructure (DPI) initiatives.

The project is expected to be completed within 72 months from the date the contract is executed.

BSIF, the awarding body, is a not-for-profit organisation comprising major stakeholders from India’s insurance sector. It governs Bima Sugam, a national digital platform aimed at creating a unified marketplace for insurance products and services.

News source: Financial Express