Insurance is one of the most lagging behind industry in terms of Innovation but for last 3 years, Insurance sector is seeing the growth. In recent times, the awareness for insurance among the millennial population is steadily growing.
Billions of people do not have proper access to insurance either it is health, life, home, farming and more. Insurance is one of the category that always comes to and end while making financial decisions.
Insurance industry is in the midst of transformational changes that not only includes digital focus but also involves multiple categories of insurance which did not exist 5 years back.