Please use this identifier to cite or link to this item:
https://repository.iimb.ac.in/handle/2074/21218
Title: | Analysing the business model of Insurtech | Authors: | Manoj, Kedia Nishita Tanwar, Latasha |
Keywords: | Business models;Business channels;Policy;InsurTech;Technogical innovations;Marketing channels | Issue Date: | 2021 | Publisher: | Indian Institute of Management Bangalore | Series/Report no.: | PGP_CCS_P21_032 | Abstract: | India's fintech industry is expected to reach $1.3 Tn by 2025. This industry is expected to grow at a CAGR of 31% during 2021-25. Insurtech is the fastest growing one among all the segments, expected to grow at a CAGR of 57% on the rapid adoption of non-life insurance such as health, education, and vehicles. Other areas will spearhead the growth for the next three years, followed by Investment tech (44%) and fintech SaaS (40%) and the lowest in the category of Payments (11%) due to already high penetration. Over the period, Insurtech share is likely to increase from 14.9% of the overall fintech market in 2022 to 26.1% in 2025: | URI: | https://repository.iimb.ac.in/handle/2074/21218 |
Appears in Collections: | 2021 |
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File | Size | Format | |
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PGP_CCS_P21_032.pdf | 3.13 MB | Adobe PDF | View/Open Request a copy |
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