After the recent hard-hitting pandemic, uncertainty around health and related risks are paid more attention & people have greater awareness, driving them to insure themselves against any such uncertainty of life in general.
The industry that we are deep diving into today, is one of the essentials in any growing economy, the Insurance Industry. It is expected to grow to $280 billion by the year 2025 & is bringing more people under its umbrella.
There lies the potential for exponential growth and government, regulators &various organizations are leaving no stone unturned for the same. Let’s look in detail at how this industry can push our economic growth & its future prospects.