How regulatory changes are reshaping motor insurance in India
- Posted on June 13, 2025
India’s motor insurance sector is undergoing significant transformation driven by IRDAI reforms, technological advancements, and evolving consumer preferences. These changes include standardized policies, flexible ‘pay-as-you-go’ options, and long-term coverage mandates. Telematics, data analytics, and specialized policies for electric and autonomous vehicles are further shaping a more inclusive and tech-friendly insurance landscape.
India’s motor insurance sector is undergoing significant transformation driven by IRDAI reforms, technological advancements, and evolving consumer preferences. These changes include standardized policies, flexible ‘pay-as-you-go’ options, and long-term coverage mandates. Telematics, data analytics, and specialized policies for electric and autonomous vehicles are further shaping a more inclusive and tech-friendly insurance landscape.