Driven by the aim of protecting India’s uninsured population, the IRDAI has been tweaking the country’s insurance framework to facilitate enhanced insurance penetration through unfettered product innovation powered by technology adoption
Given the low levels of penetration 4.2% overall and close to 1% for general insurance, there is considerable scope for growth, especially in the light of the country’s mission to provide insurance for all by 2047
The developments made in India’s healthcare sector evoke a sense of pride, offering state-of-the-art treatments and facilities. Yet, the accessibility to these advancements raises concerns, notably due to the substantial increase in costs. The reality of medical inflation is grim and can’t be overlooked. Technological evolution and the rushing demand for excellent healthcare have intensified […]