The year 2019 was an action-packed year for InsurTech in India: $183 million flowed into the ecosystem, the IRDAI announced its InsurTech sandbox program, and the mainstream press acknowledged that InsurTech isn’t insurance FinTech but a standalone ecosystem. I last wrote on InsurTech in India in August 2019; since then, the ecosystem has evolved rather rapidly. If you're hearing about InsurTech in India for the first time, you may want to review some material I’ve published in the past in this order – the regulator’s view, ecosystem introduction (January 2019), and update (June 2019). |