Jio Financial Services, the newest addition to Reliance Industries will enter the insurance sector, said Reliance Industries’ chairman Mukesh Ambani at the 46th Reliance annual general meeting (AGM) on Monday. “JFS will enter the insurance segment to offer simple, yet smart, Life, General, and Health insurance products through a seamless digital interface, potentially partnering with global players. It will use predictive data analytics to co-create contextual products with partners and cater to customer requirements in a truly unique way,” said the Reliance Chairman. He talked about the joint venture of Jio Financial Services with US-based BlackRock, the world’s largest asset manager.