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The 2047 Countdown: Can AI Close India's Insurance Gap?

10 Jul 2026

India has set a bold vision of "Insurance for All" by 2047. But with life insurance penetration at just 2.7%, health penetration below 0.4%, and around 350 million Indians still uninsured, the gap is wide. Can AI be the catalyst that helps close it?

In this session, Ashish Gupta (Founder & CEO, Benori) and Madhurima Singh (Senior Director, FS) walk through where India's life and health insurance sector stands today, the biggest growth opportunities, and how AI and Gen AI can accelerate progress across product design, underwriting, retention, medical inflation, and last-mile distribution.

What you'll learn:

  • The current state of India's life and health insurance market and the 2047 vision
  • Why the protection gap and the underinsured "missing middle" are the biggest opportunities
  • How AI is already improving underwriting speed, persistency, and product innovation, with real global and Indian examples
  • Practical ways insurers can put AI to work across the value chain

To learn how Benori can support your insurance growth strategy, write to us at info@benori.com


Written by

Team Benori

Published on 10 Jul 2026

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