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2025 Agenda

ITC Asia

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India Spotlight Workshop: Bringing Insurance to 1.4 Billion Indians: Brainstorming New and Innovative Business Models

04 Jun 2025
Room 5002

India’s $1.86 trillion insurance protection gap and 1.4 billion-strong market demand transformative solutions. As senior insurance leaders, you understand the stakes: low penetration, trust deficits, and rising climate risks. Join our 90-minute India Spotlight Workshop to co-create bold business models that redefine insurance access and scalability in India.

What You’ll Gain

  • Strategic Innovation: Lead 5 diverse teams of 6 in a high-energy session to design business models tackling India’s toughest insurance challenges.
  • Actionable Insights: Brainstorm (45 min), pitch (3 min/team), and vote on visionary solutions, guided by mentors with deep tech expertise.
  • Industry Leadership: Shape India’s InsurTech future, leveraging trends like 50% AI-driven claims automation and 25% market share for embedded insurance.
  • Exclusive Networking: Connect with decision-makers to forge partnerships and drive cross-border opportunities.
Challenges You’ll Address
  • Affordable Microinsurance for Rural Populations
    Design business models to deliver microinsurance to rural India, overcoming low income and awareness barriers.
  • Embedded Insurance for the Gig Economy
    Create affordable, seamless insurance for gig workers and consumers, optimizing tech costs, operations, claims, and fraud detection.
  • Trust-Driven Insurance for Low-Income Urban Families
    Build trust among skeptical urban families to boost insurance adoption in underserved markets.
  • Parametric Insurance for Climate-Vulnerable Communities
    Develop scalable parametric insurance for climate-vulnerable regions, ensuring rapid, transparent payouts.
  • Youth-Focused Digital Insurance Models
    Engage India’s under-30 demographic with digital-first insurance tailored to their tech-savvy needs.
  • AI-Powered Insurance for Urban Millennials
    Deliver personalized, AI-driven insurance for millennials, enhancing sales, servicing, fraud-waste-abuse detection, and regulatory compliance.
Who Should Attend?
  • Insurance CXOs: Drive strategic innovation to close India’s protection gap.
  • Regulators & Policymakers: Shape frameworks for scalable InsurTech adoption.
  • InsurTech Founders: Design models to disrupt and lead India’s $339B market.
  • Tech Leaders: Apply AI, blockchain, and IoT to transform insurance value chains.

Speakers
Pranshu Diwan, 3x Insurtech Founder & ex Head Insurance Paytm & Ola
Prerak Sethi, Founder, RIA and Co-Founder - India InsurTech Association
Rajat Sharma, Chief Revenue Officer - InsureMO
Mayank Gupta, COO & Co-Founder - Zopper