Wednesday, March 05, 2025 | 01:51 AM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

Tech age of insurance: India emerges as fastest-growing market globally

A country where insurtech companies are rapidly gaining market share. These are firms that make innovative use of technology in insurance

insurtech
Premium

Shivani Shinde

Listen to This Article

India is the world’s fastest-growing insurance market: A country where insurtech companies are rapidly gaining market share. These are firms that make innovative use of technology in insurance. Life and non-life insurance coverage has expanded in the last 10 years, but the market is still not served widely. Around $2.6 billion has been invested in the insurtech sector since 2018, says a survey done among more than 2,000 insurance customers.

Compiled by Shivani Shinde


Source: Nasscom and ICICI Lombard survey

What you get on BS Premium?

  • Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • Pick your 5 favourite companies, get a daily email with all news updates on them.
  • Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • Preferential invites to Business Standard events.
  • Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
VIEW ALL FAQs

Need More Information - write to us at assist@bsmail.in