At the @IndiaInsurtech Annual Event in Mumbai, Sahamati launched its latest report - “From Consent to Cover: How the AA Framework Can Unlock Value in the Insurance Industry,” co-authored with @IndiaInsurtech and @KPMGIndia The report explores how the Account Aggregator (AA) framework is driving efficiency, inclusion, and innovation in India’s insurance ecosystem. 📘 Read the full report here: sahamati.org.in/wp-content/u… #AccountAggregator #InsuranceSector #InsurTech #Sahamati #DigitalIndia #ConsentToCover @GoenkaGuptaShal | @ruchipurohit | @AbhishekVney | @RutvikPaikine

AA: Transforming Insurance at Scale The Account Aggregator (AA) framework is reshaping the foundation of India’s insurance industry - driving growth, efficiency, and trust across the ecosystem. Insights from our latest report, “From Consent to Cover” (developed with @IndiaInsurtech and @KPMGIndia): Market Expansion: With wider adoption, the AA framework could unlock access for 33–40 crore underserved individuals, opening new markets, adding an estimated ₹1 lakh crore in premium income, and lifting insurance penetration to nearly 5%. Efficiency Gains: With verified digital data, underwriting could move from days to minutes, potentially saving the industry ₹218 crore annually. Risk & Fraud Control: Verified, consent-based financial data can help cut fraud-related losses and deliver up to 8% premium savings, a win for both insurers and customers. Stronger Portfolios: Better affordability checks could reduce lapse rates by 30%, helping build more resilient, customer-centric portfolios. The Account Aggregator framework represents more than just digital efficiency. It's a vision of an inclusive, transparent, and data-driven insurance future for India. 📘 Read the full report: sahamati.org.in/wp-content/u… #AccountAggregator #InsurTech #InsuranceSector #DigitalIndia #FinancialInclusion #Sahamati #ConsentToCover