| | JUNE 20254VOL 11 · ISSUE 1 - 6 · JUNE, 2025 PublisherOffice Editorial queries editor@ciotechoutlook.com To subscribeVisit www.ciotechoutlook.com/magazine/or send email to: subscription@ciotechoutlook.comMagazine Price is 150 per issuePrabhu Dutta A.R.N RayAlok ChaturvediGM - Media & Graphic Designing VisualizerMagendran PerumalCirculation ManagerEditorial TeamNo. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugheshpalya, Bangalore-560017Girisha MAssistant Managing EditorMary Janifha Evangeline. XSenior DesignerAdvertising queriessales@ciotechoutlook.comBangaloreTel 080 46441103GM Sales & MarketingRavi KalgiPrinted and published by Alok Chaturvedi on Behalf of Biz Print Media Technologies Pvt Ltd and Printed at Executive Prints - 113/7, Ground floor, Old madras road, Halasuru, Bangalore - 560008 and Published at No. 124, 2nd Floor, Surya Chambers, Old Airport Road, Murugeshpalya, Bangalore-560017.Copyright © 2025 Biz Print Media Technologies Pvt Ltd, All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher.Ashirvadh Nair AViswanathan ALakshmi PrabhaNoidaTel 120 4639300EDITORIALREIMAGINING INSURANCE: FASTER, SMARTER, DIGITAL-FIRSTThe insurance industry is undergoing a dramatic transformation, thanks to the rise of InsurTech startups. Traditionally seen as rigid and slow to change, the sector is now being revitalized by agile, tech-savvy innovators who are reimagining everything from underwriting to claims processing. These startups are leveraging emerging technologies such as artificial intelligence, machine learning, blockchain, and data analytics to streamline operations, enhance customer experience, and introduce innovative products tailored to modern lifestyles.Several Startups in this landscape have shown that insurance can be digital-first, transparent, and customer-centric. By simplifying complex policies, automating claims, and offering personalized pricing models, they are not just meeting but exceeding the expectations of today's digital-native consumers. Even areas such as micro-insurance and on-demand coverage - previously underserved are now thriving, thanks to flexible and scalable solutions developed by these new players.Moreover, InsurTech is fostering financial inclusion by bringing insurance to gig workers, freelancers, and low-income populations through mobile-first platforms. Investors are taking note, with global InsurTech funding reaching new highs year after year, signaling strong confidence in the space.While regulatory challenges and integration with legacy systems remain hurdles, the momentum is undeniable. Traditional insurers are no longer viewing startups as competitors, but as collaborators through partnerships, incubators, and acquisitions. In a post-pandemic world that values resilience, personalization, and speed, InsurTech startups are not just transforming insurance they are making it smarter, more inclusive, and ready for the future.In this special issue, CIOTechOutlook brings to you the stories of companies that have made their mark in this domain with their technology acumen and industry expertise. These companies have kept abreast of the new technological advancements in this sector and have leveraged them to their full potential. We hope this issue gives you helpful insights into this market landscape. Mary Janifha Evangeline. XAssistant Managing Editormary.janifha@ciotechoutlook.com
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