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Financial Express | June 27th, 2023

Key trends and developments that redefine the Indian insurance industry in 2022

The insurance sector is taking advantage of modern technologies, such as the Internet of Things, Artificial Intelligence, e-commerce, and web aggregations, to meet its goal of providing insurance to everyone by 2047. These cutting-edge innovations have had a significant influence on the industry. Mayank Gupta, co-founder and COO of Zopper believes that transparency and technology-based solutions will be a major boost to the insurance market in India's second and third-tier cities. Additionally, cloud computing, telematics, data, and analytics are likely to have an enormous impact on the sector over the coming years.

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