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The Future of Comprehensive Motor Insurance in India : Is It Time for a Shift Towards Pay-How-You-Drive Models?
India, March 31, 2025:The Indian motor insurance industry is experiencing a technological revolution, where data innovations are disrupting traditional, comprehensive insurance models, driven by an increasing consumer demand for personalized solutions. As digital advancement is reshaping the landscape, the Indian motor insurance market is anticipated to grow from $13.19 billion in 2025 to $21.48 billion by 2030 with a CAGR of 10.25% during the same period.
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