InsureNEXT 2022

This interesting conversation focuses on the integration of technology in the insurance sector. The change in technology has brought many new aspects like digital distribution, artificial intelligence, chatbots, telematics, etc.

The insurance industry has grown from the 13th largest insurance market to the 5th largest. According to IRDAI, the Indian general insurance premium will rise to 2.52% of GDP by 2032.

In this panel discussion, the panelist spoke about the future of the insurance sector. The insurance industry in India has seen a drastic change resulting in a complete makeover. The sector aims to get digital globally and for this, a vision for 2025 has been set under which a 3D approach has been adopted. The panellists also emphasize adopting the AAA approach by which they can focus on awareness, accessibility, and affordability.

An enthralling conversation among the significant figures of insurance sectors describes the risks and frauds happening in the insurance sector. People talk about the innovations required in the insurance sector to minimize these risks and frauds. There have been various challenges to this sector regarding data and infrastructure.

Banking Frontiers hosted a panel discussion in which speakers discussed how the entry of insurance technology, and technology gathering at a rapid pace, make...

Banking Frontiers hosted a panel discussion wherein the panelists discussed current claims challenges, how they addressed them, how they outperformed their industry peers, and...