The Indian insurance ecosystem is at an important inflection point. The Sabka Bima Sabki Raksha (Amendment of Insurance Laws) Bill, 2025 has opened up the industry to more players, with a clear objective of enabling Insurance for All by 2047. However, one of the biggest roadblocks remains trust. For a long time, insurance has operated as a trust-deficit industry, and this gap exists on both sides. Insurers struggle with fake and fraudulent claims, which leads to tighter controls. Customers,...