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The penetration rate in the non-life insurance space in India is amongst the lowest globally. However, over the years, India has witnessed rapid digital adoption, thanks to the rising number of internet users and online transactors. This has also trickled down to the insurance industry and many companies today are implementing new-age tech innovations to improve adaptability among customers and transform the entire ecosystem.
So, what are these new innovations the insurance industry has witnessed over the years? On this episode of #InsuringIndia, Sabari Saran discusses with Vishal Shah, Head - Data Science, Digit Insurance about how much ground the insurance sector has covered when it comes to tech adoption. Listen in!
The penetration rate in the non-life insurance space in India is amongst the lowest globally. However, over the years, India has witnessed rapid digital adoption, thanks to the rising number of internet users and online transactors. This has also trickled down to the insurance industry and many companies today are implementing new-age tech innovations to improve adaptability among customers and transform the entire ecosystem.
So, what are these new innovations the insurance industry has witnessed over the years? On this episode of #InsuringIndia, Sabari Saran discusses with Vishal Shah, Head - Data Science, Digit Insurance about how much ground the insurance sector has covered when it comes to tech adoption. Listen in!