A shift in the insurance landscape offers insurers a transformative opportunity to leverage technology but it also poses some challenges. Learn how InsurTech can help drive growth with embedded insurance.
The rapidly growing entrepreneurial sector needs to protect itself from risks ranging from lost or damaged goods to cyber fraud. Read how the PAYS model offered by insurtechs offers a wonderful opportunity for e-commerce companies to insure themselves.
As the world shifts online, digitalization is taking centre stage and the insurance sector is right there in the mix. Thanks to InsurTech, Indian insurers are teaming up with various industries to turbocharge their digital distribution. Read this blog to know how it's transforming the game.
Banking is en route to becoming the third-largest sector in India by 2050. Here’s how InsurTech can help banks overcome challenges and grab this opportunity. Read our blog for insights on innovative strategies driving growth in this promising landscape.
Learn how InsurTech can support insurance companies in India and accelerate the industry’s journey to become the fastest-growing among the G20 nations.
Insurance fraud costs the industry a staggering ₹900 crores annually, driving up premiums and compromising trust. Fraudsters are getting more sophisticated, making it harder for insurers to detect and prevent fraudulent activities. From staged accidents to identity theft, the types of insurance fraud are as varied as they are damaging. But with the rise of InsurTech, there’s a powerful ally in the fight against fraud.
Big Data is transforming the insurance industry by powering predictive analytics. This shift enables insurers to assess risks more accurately, detect fraud, and create hyper-personalized policies. InsurTech solutions are key to navigating challenges such as data quality, security, and scalability, ensuring that insurers can effectively harness the power of data to stay competitive and innovative in a rapidly evolving market.
Insurance companies in India have a limited presence in remote areas. MFIs can open new avenues to serve them better, with low investment. This article digs deeper into this pivotal role played by MFIs, supported by InsurTech solutions.