Indian insurtech companies have raised $1.8 bn in capital between 2014 and Q1 2022.
What does this indicate for the future of insurance?
With a CAGR of 17%, the Indian insurance market has been transformed by disruptive technologies, agile distribution networks, and supportive B2B models that prioritize the consumer and the company.
And digital-born insurtech businesses have cracked this strategic framework. To the extent that Acko General Insurance, Artivatic, and Toffee Insurance have been featured in global fintech lists as the top innovators in the world.
Unlock complete insights into how insurtech investments can drive explosive growth in the Indian insurance sector in our latest point-of-view (PoV) paper – Insurtech Investments to Spur Explosive Growth in the Indian Insurance Sector.