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India’s annual production of automobiles in FY22 was 22.93 million vehicles. According to the Motor Vehicles Act of 1988, one must have a valid third-party insurance policy to drive a vehicle on the road. Any auto insurance process will start…
With the surge in internet usage and digital transformation across industries, businesses receive vast amounts of data from their customers. In the fast-paced world of insurance, understanding customers is more crucial than ever. According to a Zendesk customer experience trends…
As consumers are becoming more aware of different insurance solutions, the Indian insurance industry has been witnessing rapid growth and is expected to reach $222 billion by 2026 according to statistics by IBEF.org. According to Allied Market Research, the global…
It took years for Insurers to sell policies directly to customers and offer online policy issuance, all while contending with competition from price comparison websites. Many organizations are still struggling. As the insurance industry grapples with the rapid pace of…