For the last 18 years, the insurance industry has been recording 17 percent growth overall. While health and motor continue to be the leading drivers, sectors such as corporates and crops have witnessed a steady rise.
The introduction of the Ayushman Bharat scheme, launched by Prime Minister Mr. Narendra Modi will be a game changer for the people it serves, but its trust model could also prove to be more expensive in the long term in comparison to insurance.
M Saraswathy gets in conversation with Bhargav Dasgupta, MD and CEO, ICICI Lombard General Insurance to discuss the changing landscape of the insurance industry, Ayushman Bharat scheme, digitisation in the insurance space and more.