IRDAI has come up with new sweeping reforms through its consultation paper titled “Re-calibrating Economics of Insurance Distribution.” These reforms will ensure fair pricing of insurance products, reduce sales malpractices, prevent mis-selling, and transform how insurance products are sold across…
India’s logistics landscape is undergoing a big transformation. Thanks to the expansion of the port infrastructure, “Make in India,” and rising global e-commerce, the movement of goods has achieved historic highs. But the truth is, every consignment that travels across…
IRDAI has introduced new rules that will shape how insurance intermediaries operate and report. Two of the most notable rules include the mandatory disclosure of the Point-of-Sale Agent and a reduced renewal burden. Both rules are different, yet have the…
The Indian insurance domain is undergoing a structural shift. Driven by regulatory modernisation, rising financial literacy, and digital adoption, the market presents immense growth opportunities for entrepreneurs, corporate entities, and investors. Establishing a business in the insurance sector requires navigating…
With a contribution of 18% of the country’s GDP, agriculture is not just a bedrock of the Indian economy; it presents a wealth of growth oppurtunities for startups and entreprenuers across India. However, while this number speaks volume, the sector…
Over 220 million smartphones are sold each year across India. Of which, more than 33 million carry formal accidental damage, liquid damage, or theft protection. These are not just numbers; they indicate a wealth of opportunities for entrepreneurs and fintech…
A staggering 45% of vehicles in India get insured every year, demonstrating the massive demand for vehicle insurance nationwide. Several insurance providers (including the government-backed institutions and third parties) provide auto insurance, yet there is a massive gap. That’s where…