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Investegate |CPPGroup Plc Announcements | CPPGroup Plc: Blink Parametric wins global travel sector awards

Investegate announcements from CPPGroup Plc, Blink Parametric wins global travel sector awards ....

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'Insurance sector transforming, stakeholders must work together'

‘Insurance sector transforming, stakeholders must work together’
February 27, 2021
BCG and India Insurtech Association report highlights fundamental shifts
As the Indian insurance industry is in the midst of a transformation with changing customer preferences and growing digital adoption, it’s imperative now for all key stakeholders insurers, Insurtechs and regulators to work together to ensure the best experience for the end customers and thereby ensure success for the industry, says a report of Boston Consulting Group and India Insurtech Association.
The Indian Insurance industry has seen significant progress with life and non-life insurance growing at 17 per cent and 14 per cent CAGR respectively, in the past five years. The total number of lives covered almost doubled from 12 crore to 23 crore during this period and the non-life segment saw six new entrants, taking the total number of players to 34. ....

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