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From banks that want to cross-sell insurance products to ecommerce companies offering to insure large-ticket purchases to travel aggregators offering insurance against flight delays, companies are roping in insurance technology startups such as Zopper, Riskcovry, and OneAssure to power such sales.
Budget 2024: The insurance sector is also hoping for forward-thinking steps towards inclusivity, making insurance accessible to people with no access to insurance, with a particular focus on supporting the LGBTQIA+ community.