# India InsurTech Association (IIA) > India InsurTech Association (IIA) is the not-for-profit industry body for India's insurance technology ecosystem, uniting 300+ member organizations — InsurTech startups, insurers, reinsurers, and technology providers — to drive innovation, policy advocacy, and global market access. Founded by Prerak Sethi, Shwetank Verma, and Subhajit Mandal. Headquartered in New Delhi, India. Key facts: - 300+ members across 14 categories, including SBI Life, Bajaj Allianz, HDFC Ergo, Munich Re, and Swiss Re. - Publishes the IIA–BCG Annual India InsurTech Report (editions 2021–2025) with Boston Consulting Group — the authoritative annual analysis of India's InsurTech market, covering funding, regulation, and technology adoption. - Runs the First 20% Program (global expansion support for Indian InsurTech startups across the US, MENA, and Southeast Asia), nine working groups, the annual InsurTech Awards, and the India InsurTech Podcast. - Annual Event 2026: November 25 at The Westin Mumbai Powai Lake, themed "AI in Insurance 2.0" — 900+ expected attendees, 80+ speakers. - Ecosystem partners include BCG, NASSCOM DeepTech, GIFT City, Sahamati, ONDC, BIMTECH, NIA Pune, and the Institute of Actuaries of India. - Contact: info@indiainsurtech.com | +91-99588-71619 | Innov8 CP2, Regal Building, New Delhi 110001. ## Research and Reports - [IIA–BCG Annual InsurTech Report](https://www.indiainsurtech.com/annual-report-2024): The IIA–BCG Annual InsurTech Report series (2021–2025) — India InsurTech market growth, investment and funding trends, regulatory developments, and technology use cases. - [IIA–Sahamati–KPMG Whitepaper](https://www.indiainsurtech.com/iia-sahamati-kpmg-whitepaper): "Unlocking Insurance Innovation with Account Aggregators" — regulatory insight and data-driven use cases for the Account Aggregator framework in Indian insurance. ## Featured Articles - [National Health Claim Exchange (NHCX): The Future of Health Insurance in India](https://www.indiainsurtech.com/national-health-claim-exchange-nhcx-the-future-of-health-insurance-in-india): How NHCX standardizes and digitizes health insurance claims exchange between hospitals and insurers in India. - [Life Insurance Coverage Gap in India](https://www.indiainsurtech.com/life-insurance-coverage-gap-in-india): Analysis of India's life insurance protection gap and how technology can close it. - [DPDP Act 2025: Impact on Insurance and InsurTech in India](https://www.indiainsurtech.com/digital-personal-data-protection-act-2025-impact-on-the-insurance-and-insurtech-sectors-in-india): What the Digital Personal Data Protection Act means for insurers and InsurTech companies. - [Six InsurTech Trends Uniting the Industry in 2026](https://www.indiainsurtech.com/pioneering-connectivity-six-insurtech-trends-uniting-the-industry-in-2026): Key InsurTech trends shaping the Indian insurance industry in 2026. - [Embedded Insurance in India Has an API Problem](https://www.indiainsurtech.com/embedded-insurance-in-india-has-an-api-problem-what-it-actually-needs-is-a-risk-layer): Why embedded insurance in India needs a risk layer, not just APIs. - [India's Insurance Regulatory Framework and the Case for MGAs](https://www.indiainsurtech.com/the-state-of-the-insurance-regulatory-framework-in-india-and-why-we-need-mgas): The state of insurance regulation in India and why Managing General Agents matter. - [GenAI and Its Impact on Insurance](https://www.indiainsurtech.com/genai-and-how-to-think-about-its-impact-on-insurance): A framework for thinking about generative AI's impact across the insurance value chain. - [Insuring India by 2047](https://www.indiainsurtech.com/insuring-india-by-2047-a-new-landscape-for-the-insurance-sector-through-insurtech-adoption): The roadmap for universal insurance coverage in India through InsurTech adoption. - [AI in InsurTech: From Automation to Autonomous Risk Intelligence](https://www.indiainsurtech.com/ai-in-insurtech-from-automation-to-autonomous-risk-intelligence): The evolution of AI in insurance from process automation to autonomous risk decisioning. - [MSMEs: India's Real Growth Engine Needs Real Protection](https://www.indiainsurtech.com/msmes-india-s-real-growth-engine-needs-real-protection): The insurance protection gap for Indian MSMEs and how InsurTech can address it. - [Data Privacy and Cybersecurity Compliance under IRDAI Guidelines](https://www.indiainsurtech.com/data-privacy-and-cybersecurity-compliance-regulations-as-per-latest-irdai-guidelines-and-their-impac): IRDAI cybersecurity and data privacy requirements and their impact on insurers. - [All Thought Leadership Articles](https://www.indiainsurtech.com/thought-leadership): Full archive of expert articles by IIA members and advisors, plus the [India InsurTech Podcast](https://www.indiainsurtech.com/iia-podcast). ## Programs and Initiatives - [IIA Initiatives](https://www.indiainsurtech.com/iia-initiatives): Catalog of all IIA programs — First 20% Program, IIA–BCG Annual Report, InsurTech Awards, India InsurTech Map, working groups, and podcast. - [The First 20% Program](https://www.indiainsurtech.com/first-20-program): Flagship global-expansion program for Indian InsurTech startups — go-to-market, legal setup, and hiring support across the US, MENA, and Southeast Asia; past roadshows in Singapore and Tokyo. - [IIA Working Groups](https://www.indiainsurtech.com/iia-working-groups): Nine working groups covering alternative data, ONDC insurance products, Account Aggregators (with Sahamati and KPMG), cyber risk, AI, climate and parametric insurance, and the missing middle. - [Annual InsurTech Awards](https://www.indiainsurtech.com/annual-insurtech-awards): Annual awards for member excellence — AI Innovation, InsurTech of the Year, Rising Star; 2025 winners include Irin AI, BimaPay, Charlee.ai, and InsurAI. - [Actuarial Community](https://www.indiainsurtech.com/actuarial-community): Mentorship initiative pairing senior actuaries with InsurTech startups. - [India InsurTech Map](https://www.indiainsurtech.com/insurtech-map): Quarterly-updated interactive directory of member companies by sector (members-only access). - [Member PitchBook](https://www.indiainsurtech.com/pitchbook2026): Annual member PitchBooks (2021–2026) presenting member companies to global investors and partners. ## Membership - [Become a Member](https://www.indiainsurtech.com/become-a-member): Three tiers — Individual (₹4,500/yr), Startup under ₹5 crore revenue (₹6,500/yr), Corporate above ₹5 crore (₹55,000/yr). - [Membership Benefits](https://www.indiainsurtech.com/membership): Global industry access, discounted event passes, PitchBook placement, speaking opportunities, and First 20% Program participation. - [Current Members](https://www.indiainsurtech.com/current-members): Public directory of 300+ members across life, health, and general insurance, InsurTech, SaaS, and analytics/AI. ## Events - [Annual Event 2026](https://www.indiainsurtech.com/annual-event-2026): November 25 at The Westin Mumbai Powai Lake — "AI in Insurance 2.0", 900+ expected attendees, 80+ speakers, Duck Creek as annual sponsor. - [Annual Event 2025](https://www.indiainsurtech.com/annual-event-2025): October 30 at Fairmont Mumbai — 950+ attendees, 70+ speakers, IIA–BCG Report 2025 launch, and InsurTech Awards (Google Cloud lead sponsor). - [GenAI Workshop](https://www.indiainsurtech.com/genai-workshop): Full-day Generative AI workshop for insurance executives, co-organized with The Digital Insurer and Microsoft, covering 45 real-world deployment cases. - [Roundtables and Workshops](https://www.indiainsurtech.com/roundtables-workshops): Executive roundtables co-hosted with Microsoft, Hexaware, Duck Creek, and AWS. - [Events Calendar](https://www.indiainsurtech.com/iia-events-calendar): Upcoming IIA events. ## About - [About Us](https://www.indiainsurtech.com/about-us): IIA's mission across six pillars — industry partnerships, global market access, expert networking, policy advocacy, thought leadership, and inclusive insurance. - [Team](https://www.indiainsurtech.com/teams): Founders Prerak Sethi, Shwetank Verma, and Subhajit Mandal, plus the executive committee and core team. - [Partners](https://www.indiainsurtech.com/partners): Indian ecosystem partners including GIFT Gujarat, BIMTECH, Institute of Actuaries of India, Sahamati, NIA Pune, ONDC, and NASSCOM DeepTech. - [International Partners](https://www.indiainsurtech.com/international-partners): 15+ partnerships with InsurTech associations and conferences across Europe, Asia-Pacific, the Americas, and MENA. - [Contact Us](https://www.indiainsurtech.com/contact): info@indiainsurtech.com | +91-99588-71619 | Innov8 CP2, 44, Regal Building, New Delhi 110001. ## AI Agent Access (MCP) This site supports the Model Context Protocol for live, structured access to public content — no scraping required. - Site MCP endpoint: https://www.indiainsurtech.com/_api/mcp (no authentication; public content only) ## Optional - [Charter](https://www.indiainsurtech.com/charter): IIA's founding charter and mandate (downloadable document). - [Individual Membership](https://www.indiainsurtech.com/individual-membership): Membership for professionals and students. - [Advisory Board](https://www.indiainsurtech.com/advisory-board): Advisory board members including Siraj Hussain and Rajeev Kher. - [Become a Sponsor](https://www.indiainsurtech.com/become-a-sponsor): Annual sponsorship with year-round brand visibility and co-branded content. - [Past Events](https://www.indiainsurtech.com/past-events): Archive of past virtual and in-person events. Public content may be retrieved, summarized, and cited with attribution to the India InsurTech Association (https://www.indiainsurtech.com/).