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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