India Insurtech Association

The video of the Awards Ceremony from the India InsurTech Annual Event 2024 is now live. Relive the excitement and celebrate the best of innovation in insurance and insurtech! Click here to watch the full video: https://lnkd.in/g8W7Cpkq Congratulations once again to all the winners: 🏆 Best AI Product/Project of the Year – ZScore Technologies | Deleep Murali 🏆 Best Digital Innovation of the Year – Dvara E-Dairy | Ravi K A 🏆 Best Customer-Focused Innovation of the Year – CoverSure | Saurabh Vijayvergia 🏆 Best Global InsurTech of the Year – OneAssure | Ruchir Kanakia 🏆 Compassionate Insurer Award – Aditya Birla Health Insurance Company Limited 🏆 Digital Excellence Award – GoSure.AI | Rama Kuppa 🏆 Best InsurTech Company of the Year – WRMS Global | Sarathy Srinivas These winners have been making a real difference—bringing in fresh ideas, creating better experiences for customers, and helping insurance reach more people in meaningful ways. Special thanks to Rahul Nawab, Prowess Consulting for hosting the awards ceremony and making it a memorable evening! We extend our heartfelt congratulations to all the winners and look forward to their continued impact on the industry. Jury: Preeti C. | Srinivasa Nagarjuna | Srinivasan Gopalan | Parag Gupta | Amit Chaudhary | Rajat Sharma | Anupam Sahay | Sandeep Malik John Spence | Anurag Rastogi #iiannualevent #iiaannualevent2024 #indiainsurtech #networkingatiia #Insurance #awardceremony #insurtechawards

Meet our newest member iAgency Software 🎉 Company Introduction: We at iAgency Software provides a comprehensive digital solution for insurance agents to streamline their business operations. We offers features like Lead Management, Policy Management, Renewal Tracking, KYC Document Storage, Commission Tracking, and Business Statistics. With our software, agents can efficiently manage client data, #automate follow-ups, and generate marketing posters. The platform also includes a website for agents to enhance their online presence and tools to fetch vehicle data and export records. iAgency Software simplifies workflows, saves time, and helps agents focus on growing their business. Welcome to IIA! Dheeraj Lunia #indiainsurtech #insurancetech #businessoperations #PolicyManagement

If you weren’t at the Annual Event 2024 to witness the big reveal of the IIA-BCG 4th Annual InsurTech Report, we’ve got the video right here for you! https://lnkd.in/gj-j2TX4 The Indian insurtech landscape has evolved significantly, with over 150 startups, $2.5 billion in funding, and a growing focus on innovation in underwriting, claims, and servicing. As India aims to have comprehensive development for every Indian by 2047, insurance will play a critical role, particularly in addressing under-penetration and out-of-pocket medical expenses. Health insurance, driven by awareness, accessibility, and affordability, remains pivotal for increased penetration. Insurtechs are reshaping stakeholder paradigms through partnerships and advanced tech adoption, emphasizing collaboration among insurers, incumbents, policymakers, and other ecosystem players to foster profitability, sustainability, and resilience. Link to the full IIA-BCG Annual Report 2024: https://bit.ly/412sDmo Arvind Virmani Alpesh Shah | Pranay Mehrotra | Pallavi Malani | Vivek Mandhata | Suhail Bhansali | Prerak Sethi | Subhajit Mandal, CFA | Shwetank Verma | Sunil Padasala Boston Consulting Group (BCG) #iiannualevent #iiaannualevent2024 #indiainsurtech #networkingatiia

Meet our newest member Ediplis Counsels 🎉 Company Introduction: Ediplis Counsels is a globally recognized law firm based out of India and has offices in 4 main cities of India, namely, Bangalore, Mumbai, New Delhi and Jaipur. Originally beginning as an IP boutique firm, the firm has now grown to be a leading full-service national firm providing extensive legal, contractual, regulatory, and IP support to clients across the country. The firm’s core practice areas and sector expertise include Corporate Commercial, Corporate M&A, Intellectual Property (including patents), Litigation and Arbitration, #Technology Media #Telecommunications, Data Protection, Media and Entertainment, Insurance and Finance, Employment and Labour, and Fintech and Regulatory.     The Firm’s Fintech/Insuretech practice involve all activities such as registration with regulatory authorities, legal & compliance support, drafting and vetting of agreement, compliance testings, compliance tracking, providing expert opinions, litigation support, etc. where they help the compines to work with lean legal teams and support them as an extended arm of the company itself. The IP practice groups have been handling large IP portfolios of clients ranging from multinational organizations to SMEs, start-ups and prominent Indian educational establishments..    While the firm already had an active litigation practice from the outset, the litigation and dispute resolution expanded in the past few years significantly. The firm’s senior partners are known for providing litigation counselling, support, representation as well as strategies for civil and commercial matters, including rights enforcement and defense in their respective domains of expertise. Welcome to IIA! Vishal Jain #Indiainsurtech #insurancetech #dataprotection #startup #digitalindia

Dr. Arvind Virmani, Hon'ble Member (Minister of State rank), NITI Aayog, inspired us at the India InsurTech Annual Event 2024 with his vision of "Viksit Bharat." Highlights include: ➡️ Leveraging India's expanding working-age population through targeted skill development. ➡️ Embracing digital transformation, manufacturing excellence, and global integration for economic growth. ➡️ Prioritizing education quality, skill development, and AI-driven models for sustainable progress. Watch full video of Special Address here: https://lnkd.in/gPg6iVZJ        We are immensely grateful to Dr. Virmani for sharing his invaluable perspectives and for inspiring us to envision an inclusive and prosperous India. Prerak Sethi | Shwetank Verma | Subhajit Mandal, CFA | Rajat Sharma | Sumit Ramani | Amit Tiwari | Nilanjan Roy | Sunil Padasala | Sunder Krishnan | Pallav Singh | Khushboo Aggarwal | Prabal Khanna | Rahul Nawab | Rahul Mehay | Shobha Arora | Alakh Ranjan | Tanvi Sachdeva | Anu Singh #iiannualevent #iiaannualevent2024 #indiainsurtech #networkingatiia #specialaddress #nitiaayog

The numbers speak for themselves - India’s insurtech industry is transforming, and so are the opportunities it brings. We’re excited to kick off a series of highlights from our recently launched Annual InsurTech Report 2024. This carousel gives you a quick snapshot of where the Indian insurtech landscape stands today: ➡️ 150+ insurtechs shaping the future of insurance ➡️ Revenue exceeding $750M—that’s 12x growth since 2018 ➡️ 10 companies valued at over $100M and 45+ minicorns crossing the $1M mark ➡️ $2.5B+ in cumulative funding fueling innovation ➡️ A staggering $13.6B+ cumulative valuation Curious to learn more? Explore the full report to uncover key trends and insights. https://lnkd.in/dGZMYeKN A heartfelt thanks to all the authors: Alpesh Shah | Pranay Mehrotra | Pallavi Malani | Vivek Mandhata | Suhail Bhansali | Prerak Sethi | Subhajit Mandal, CFA | Shwetank Verma Boston Consulting Group (BCG) #iiannualevent #iiaannualevent2024 #indiainsurtech #networkingatiia

Sharing Shri Kalyanaraman Rajaraman Vision for Inclusive Insurtech: 𝐊𝐞𝐲𝐧𝐨𝐭𝐞 𝐀𝐝𝐝𝐫𝐞𝐬𝐬 𝐚𝐭 𝐈𝐈𝐀 𝐀𝐧𝐧𝐮𝐚𝐥 𝐄𝐯𝐞𝐧𝐭 2024 We had the privilege of hosting Shri K. Rajaraman, Chairperson of International Financial Services Centres Authority (IFSCA), as a keynote at our annual event last month. His focus on fostering innovation and collaboration within insurtech is exactly the direction the industry needs. A big thank you to Shri Rajaraman for taking the time to inspire us and to IFSCA for being a steadfast supporter of industry progress. Watch the full video to gain valuable insights and join us in shaping the pathways to a more inclusive insurance ecosystem. 📽️ https://lnkd.in/gfc-M5HU Prerak Sethi | Shwetank Verma | Subhajit Mandal, CFA | Rajat Sharma | Sumit Ramani | Amit Tiwari | Nilanjan Roy | Sunil Padasala | Sunder Krishnan | Pallav Singh | Khushboo Aggarwal | Prabal Khanna | Rahul Nawab | Rahul Mehay | Shobha Arora | Alakh Ranjan | Tanvi Sachdeva | Anu Singh #inclusiveinsurance #indiainsurtech #iiannualevent #iiaannualevent2024 #indiainsurtech #networkingatiia #insuranceforall

We invite you to envision an insurance experience that is as effortless as sending a message – quick underwriting, on-time renewals, better fraud detection, and personalized product suggestions! This vision is no longer a distant dream but a tangible reality, propelled by the transformative potential of financial insights and the frameworks of account aggregation. In his latest article, Nikhil K., Co-Founder & CEO of Finarkein Analytics, explores how financial data is transforming the insurance industry. From faster processes to tailored customer offerings, these insights are game-changers. Read the full article now: https://lnkd.in/gbu93zmg Prerak Sethi | Subhajit Mandal, CFA | Shwetank Verma | Prashant Rao | Nilanjan Roy | Shobha Arora | Tanvi Sachdeva | Anu Singh #indiainsurtech #insurtech #insurancetech #insurance

𝐓𝐡𝐞 4𝐭𝐡 𝐞𝐝𝐢𝐭𝐢𝐨𝐧 𝐨𝐟 𝐭𝐡𝐞 𝐈𝐈𝐀 𝐏𝐢𝐭𝐜𝐡𝐛𝐨𝐨𝐤 𝐢𝐬 𝐨𝐮𝐭 𝐧𝐨𝐰! Showcasing the innovative IIA Members and the solutions they bring to the market. As part of our 𝐅𝐢𝐫𝐬𝐭 20% 𝐏𝐫𝐨𝐠𝐫𝐚𝐦, this Pitchbook aims to elevate the global presence of our esteemed members. Discover the expertise, target markets, and more of our member organizations in this compact resource. Check out the IIA Pitchbook 2024 now: https://lnkd.in/g975M263 Your support is crucial to the growth and innovation in the insurance industry. Thank you for being a part of our community. Prerak Sethi | Shwetank Verma | Subhajit Mandal, CFA | Rajat Sharma | Sumit Ramani | Amit Tiwari | Nilanjan Roy | Sunil Padasala | Sunder Krishnan | Pallav Singh | Khushboo Aggarwal | Prabal Khanna | Rahul Nawab | Rahul Mehay | Shobha Arora | Alakh Ranjan | Tanvi Sachdeva | Anu Singh #indiainsurtech #insurancetech #IIAPitchbook2024 #Pitchbook #technology #digitaltransformation #machinelearning #AI #Insurance #insurers #reinsurers #brokers

Which technology do you believe will lead to inclusive insurance in India? With innovations in areas like AI, blockchain, IoT, and digital payments reshaping the sector, it is achievable to make insurance open to everyone. But who will lead the charge? Cast your vote below and share your opinions in the comments! 👇 Curious about how tech may shape inclusive insurance? Don't miss our Annual InsurTech Report 2024, which explores 'Pathways to Inclusive Insurance: A Vision for 2047.': https://lnkd.in/dGZMYeKN #insurtech #insuranceforall #BCG