Insurtech in India: An Overview
Date: 1 June 2026 Introduction India’s insurance sector has grown rapidly over the past two decades, with various reports indicating a compounded annual growth rate of approximately 17% during this period[[1]]. In the last financial year alone, the industry recorded total premium income of approximately USD 82.49 billion[[2]] and it is expected to continue growing …
IRDAI’s Regulatory Sandbox Regulations 2025: Key Changes for Insurance Innovation
Introduction The IRDAI first introduced the regulatory sandbox framework in 2019 with the objective of permitting controlled experimentation in the insurance sector while maintaining policyholder protection and orderly market development[[1]]. Conceptually, the sandbox operates as a controlled environment for innovation, allowing relaxations to participants from existing compliance requirements without diluting the underlying principles of prudential …
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AI in the Indian Insurance Market: Regulatory Preparedness
Introduction For some time now, there has been a growing impetus towards establishing a clear regulatory approach and governance mechanism for artificial intelligence in India (AI).
New Era in Indian Insurance: An Overview of the 2024 Amendment Bill
Introduction Following a review of the insurance legislative framework in India by the Finance Ministry,
ESG in Insurance Sector in India
Introduction The IRDAI has recently introduced new regulations that significantly impact the way insurance companies operate in India.