Is the rise of fintech in disrupting insurance industry? – About Your Online Magazine


08 APRIL 2021 11:44 AM IST | ENGLISH | MONEY AND FINANCE | GENERAL AUDIENCE

15% of Indians currently buy financial products digitally. Digital insurance is currently at 12% versus 2% five years ago. By 2025, about 50% of new insurance sales are likely to be online. The average growth of Policybazaar, one of the biggest players in the digital insurance market, is hovering around 50%. Sarbvir Singh, CEO, Policybazaar.com sheds some light on the industry. How does he see the rise of fintech in the insurance industry’s disruption? What are the main trends and consumption patterns after COVID? And what are the prospects for growth going forward? Find out in this detailed and insightful interview at The Market.



Paula Fonseca