India InsureTech Market, Business Models, and Opportunities
Conversation with Arun Balakrishnan, Co-founder Xceedance
In this edition of FutureView we have a conversation with Arun Balakrishnan, Co-founder and CEO of Xceedance, a global products and services provider to the Insurance industry. Arun was previously CEO of Berkshire Hathaway Insurance India. He has an intimate understanding of how insurance businesses operate, deep knowledge of the different functional areas within insurer organizations, as well as hands-on experience with business strategy and planning.
InsureTech with Arun Balakrishnan
Conversation time stamps for ease of navigation:
0:12 - Arun’s background - journey from a start-up, to CEO of Berkshire Insurance India, to Xceedance
6:55 - Global Insurance trends and what’s driving investor interest in Insuretech
14:05 - Evolution of India Insuretech
17:30 - Direct-to-consumer versus Channel strategy
20:06 - The Math challenge: Direct-to-consumer LTV/CAC
22.16 - Insuretech product innovation areas in India
32:04 - Global opportunities and challenges for Indian Insuretech start-ups
39.13 - The one key requirement to build a successful Insuretech company
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