• Mr. Gautam B M
• Dr. Jyothilinga V

Between 2015 and 2024, India experienced a significant transformation in its insurance sector, propelled by rapid advancements in digital technology. Initially driven by fintech innovations in banking and finance, this evolution laid the foundation for the rise of InsurTech—a convergence of insurance and technology. The establishment of Acko, India’s first fully digital general insurance company in 2017, marked a pivotal moment in this journey. Over the past decade, the Indian InsurTech ecosystem has grown remarkably, with equity funding rising from USD 8 million in 2015 to USD 912 million in 2024, and the number of active startups surpassing 160. Leveraging technologies such as artificial intelligence (AI), the Internet of Things (IoT), big data analytics, and automation, these firms have introduced personalized insurance products, enhanced claims management, and optimized underwriting processes. India’s global share in InsurTech deal activity increased from 2% to 8% during this period, driven by initiatives like regulatory sandboxes, embedded insurance models, and mobile-first distribution strategies. This study examines the evolution, sectoral performance, and global positioning of InsurTech in India, while evaluating its sub-sectors and forecasting its future within the broader digital insurance landscape.

InsurTech, Digital Insurance, Artificial Intelligence, Regulatory Sandbox, Insurance Innovation, Indian Insurance Sector.

"A STUDY ON GROWTH TRAJECTORY OF INSURTECH IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org), ISSN:2349-5162, Vol.12, Issue 8, page no.37-42, August-2025, Available :http://www.jetir.org/papers/JETIRHB06008.pdf

"A STUDY ON GROWTH TRAJECTORY OF INSURTECH IN INDIA", International Journal of Emerging Technologies and Innovative Research (www.jetir.org | UGC and issn Approved), ISSN:2349-5162, Vol.12, Issue 8, page no. pp37-42, August-2025, Available at : http://www.jetir.org/papers/JETIRHB06008.pdf