Banking Frontiers Presents

InsureNext & InsureTech Conclave and Awards 2024

Date: 24th January 2024 | Venue: Hotel Sahara star, Mumbai

Banking Frontiers Presents

InsureNext & InsureTech Conclave and Awards 2024

Date: 24th January 2024
Venue: Hotel Sahara star, Mumbai

Theme - Fastracking Insurance for All

Shaping the Future of Insurance

The insurance industry has surged to become the 5th largest from its 13th position. IRDAI predicts Indian general insurance premiums will reach 2.52% of GDP by 2032, with global premiums exceeding $7 trillion in 2022. The insurance technology sector is thriving, thanks to simplified product launches and expansion into underserved areas. In India, there are 24 life and 34 non-life insurance companies, and the non-life segment is under 1%, demanding strategic growth.

Introducing the 2024 Banking Frontiers INSURENEXT Conclave, a vital platform for tackling industry challenges and driving innovation in insurance, technology, and related sectors.

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Fostering Partnerships for Innovation in India's Insurance Landscape

India presents a wealth of opportunities due to the significantly low penetration rates in both the life insurance (2.8%) and non-life insurance (0.9%) sectors. Despite being the 10th largest life insurance market and the 15th largest non-life insurance market globally, the sector’s growth has been gradual.

Nevertheless, there is ongoing consolidation in both the life and general insurance domains. According to data from IBEF, the Indian insurance industry currently stands at a substantial USD 280 billion. The life insurance segment is projected to experience a growth rate of 12-15% over the next three to five years. However, the array of insurance products available to customers is yet to match global standards.

InsureNext 2024

Key Takeaways!

Networking opportunity with the who’s who of the industry.
Variety of speakers from across the insurance value chain.
Convenience of meeting the experts from the segment under one roof.
Extensive knowledge transfer through intelligent discourse.
Mapping of future trends.

Who should attend

Senior Executives (CEOs, COOs, CIOs, CXOs)
Functional Heads
Marketing Heads
Claims and Settlement Heads
Technology Experts
Strategists
Customer Acquisition Specialists
Data Scientists
Analysts

Why should you attend

A power-packed conference uniting insurance industry leaders to connect, learn, and shape future strategies.
Where insurance titans converge to ignite innovation, forge connections, and chart the course for the future.
At this event, you’ll gain exclusive insights from industry giants, helping you stay ahead of the insurance curve.