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Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

Reimagining Insurance:AI set to unlock next $4 billion profit opportunity in India

by AIP Online Bureau | Oct 30, 2025 | Articles, Eco/Invest/Demography, Life, Non-Life, Risk Management, Technology

India’s Insurtech ecosystem is at a sizeable scale, with cumulative valuations crossing USD 15.8 billion and revenues growing reaching USD 0.9 billion in 2024 – a 10x increase since 2019. The sector has 2 unicorns, 8 players between USD 100 million to USD 1...
AI in Insurance: GenAI tools driving over 30% productivity gains, industry leaders getting results, BCG Report

AI in Insurance: GenAI tools driving over 30% productivity gains, industry leaders getting results, BCG Report

by AIP Online Bureau | Apr 11, 2025 | Indian News, Technology

Pallavi Malani, India Leader – Insurance Practice, BCG said, “Generative AI is reshaping the insurance industry. From underwriting and claims automation to customer service and AI enabled agency channel – we expect AI to structurally change the industry....

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