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Tevano beginnt mit erfolgreichem Einsatz der Health Shield Technologie bei K-Line Trailers und erhöht die Sicherheit am Arbeitsplatz
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How Technology is Transforming the Insurance Industry in India By siliconindia | Tuesday, January 12, 2021 The insurance industry in India has seen major growth in the last decade. The industry today comprises 63 insurance companies (24 Life insurers and 39 non-life insurers) and is governed by the Insurance Regulatory and Development Authority of India (IRDAI). The industry has transformed from a seller’s market to a buyer’s market over the last two decades. Further, the market in India is expected to grow to $250 billion by 2025. Demographic factors such as growing middle class, young insurable population, and growing awareness of the need for protection and retirement planning will support the growth of Indian Life insurance. The future of the Insurance industry in India seems quite promising, and the above-mentioned figure prominently reflects the positive disruption caused by the digitalization of the industry.
Top 5 trends that will shape up wealth management business in 2021
More and more investors, especially the younger population, are gravitating towards technology platforms that provide advise as well as execution platforms Raghvendra Nath January 02, 2021 / 09:05 AM IST
The demographic trends in India suggest that there is high growth in the number of individuals who move upwards from middle income to upper middle income or to upper-income groups.
Accumulation of wealth brings about the questions of finding the right places to invest the money so that it grows at reasonable rates and is protected.
The Wealth Management industry in India has evolved significantly in the last two decades and an increasing amount of wealth managers are recognising the need to help clients sail through their financial journey and with increasing demand for personalized products and alternative asset classes.