As climate-related events become more frequent across India, parametric insurance is emerging as an innovative risk management solution for businesses and communities. According to Policybazaar for Business, India’s parametric insurance market is expected to grow at 11.3% CAGR through 2028, outpacing global growth as demand increases across climate-sensitive sectors. Key highlights: 🌾 Agriculture leads adoption […]
Intro:Despite economic headwinds, climate volatility, and rapid tech disruption, insurance leaders are doubling down on growth. According to KPMG International’s 2025 Insurance CEO Outlook, 82% of CEOs express confidence in their company’s growth trajectory—up from 74% in 2024—with 78% bullish on the industry overall. AI Takes Centre Stage:Artificial intelligence isn’t just a buzzword—it’s the top […]
The insurance sector is experiencing a seismic shift as artificial intelligence (AI) becomes a cornerstone of operations, transforming the industry from a “detect and repair” model to one focused on “predict and prevent.” Traditionally, insurers have addressed risks after they occurred. But with AI-driven insights, the industry is now taking a proactive stance—anticipating risks before […]
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