GCC Insurance Market in Transition: Digital Disruption and Rising Demand
The insurance sector in the GCC is entering a transformative phase, driven by rising awareness among consumers and the rapid digitization of services. Despite strong macros and growing demand, insurance penetration remains relatively low at around 3% of GDP. However, the region is now poised for steady growth, with life, health, and motor insurance lines […]
Insurtech: Uncovering the opportunity in Southeast Asia
The insurtech sector in Southeast Asia is undergoing a transformative phase, driven by emerging models and categories. Recent regulatory changes have paved the way for innovative business models that enhance customer and agent interactions while reducing servicing costs. In this week’s newsletter, we will explore how insurtech companies are shifting their focus from revenue generation […]
InsurTech: Uncovering the Opportunity in Indonesia – Part 2
Indonesia’s InsurTech sector will grow at ~40% CAGR during 2021-26E due to low base (insurance penetration), already high (and rising) digital penetration, and the emergence of newer models. The capital raises by multiple players in the region suggests the continued support from investors. More could follow as players gain scale and display clearer path to […]
MENA Insurtech: Ripe for the Taking
Insurtech has all the makings of the long-awaited fulcrum that pioneers MENA’s insurance market level with that of developed economies, starting with the GCC. In this article, we deep-dive into MENA’s booming Fintech landscape and highlight a rapidly evolving segment within it – Insurtech. 1. Insurance penetration in GCC economies is still nascent– leaving significant […]
InsurTech: Uncovering the opportunity in Indonesia
As per our report, InsurTech in Indonesia is estimated to grow fourfold during 2021-26 and reach a multi-billion-dollar gross premium size. This will be driven by rising awareness of the need for insurance, rising digital penetration, wider product offerings and other factors. The note also provides some colour on consumers’ preferences for InsurTech offerings. Here’s a […]
Are The New Tech-Infused Insurance Models the Catalysts for Change?
Insurance penetration in India is poised to grow rapidly in just a few years.
Key Trends That Are Shaping InsurTech In India
Tech interventions such as artificial intelligence, machine learning, chatbots and IoT are enabling transformation
The $500 Mn potential Indian Smartphone Insurance market, But are the customers’ interests truly protected ?
Indian Smartphone Insurance Market holds potential to reach $500 Mn by FY 25
