Bancassurance 2.0
The bancassurance market in India is experiencing substantial growth, projected to reach USD 180.1 billion by 2033 with a CAGR of 5.85% between 2025 and 2033. This growth is fueled by increased insurance penetration, government support, and advancements in Insurtech. Bancassurance is today a natural complement to a bank’s core activities, and with the help of technology and AI, insurers and insurtechs can effectively cater to customer needs. Bancassurance’s prowess has benefited end...