News From Press Insurers to double down on technology, rural expansion for growth in 2025

Insurers to double down on technology, rural expansion for growth in 2025

Source: Business Standard Jan 3, 2025

The Indian insurance industry is set to focus on customer-centric technological adoption and expanding into rural areas to drive growth in 2025. These initiatives are planned amid anticipation of policy-level changes, including potential increases in foreign direct investment (FDI), amendments to insurance regulations, and revisions in goods and services tax (GST) rates, industry insiders said.

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