Analysing the business model of Insurtech

The Digital Institutional Repository of IIM Bangalore

Please use this identifier to cite or link to this item: https://repository.iimb.ac.in/handle/2074/21218

DC Field	Value	Language
dc.contributor.advisor	Thampy, Ashok
dc.contributor.author	Manoj, Kedia Nishita
dc.contributor.author	Tanwar, Latasha
dc.date.accessioned	2022-06-28T04:53:11Z	-
dc.date.available	2022-06-28T04:53:11Z	-
dc.date.issued	2021
dc.identifier.uri	https://repository.iimb.ac.in/handle/2074/21218	-
dc.description.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:
dc.publisher	Indian Institute of Management Bangalore
dc.relation.ispartofseries	PGP_CCS_P21_032
dc.subject	Business models
dc.subject	Business channels
dc.subject	Policy
dc.subject	InsurTech
dc.subject	Technogical innovations
dc.subject	Marketing channels
dc.title	Analysing the business model of Insurtech
dc.type	CCS Project Report-PGP
dc.pages	20p.
Appears in Collections:	2021

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