India Insurtech Association
India InsurTech Association (IIA) is a New Delhi-based not-for-profit industry body that promotes Indian InsurTech startups by convening insurers, brokers, regulators, and technology sponsors through its flagship annual event, working groups, membership programs, and joint research with Boston Consulting Group and other partners.
- Company typePrivate
- Founded-
- HeadquartersNew Delhi, India
- Headcount1–10
- GTM typeB2B
- OfferingServices
What India Insurtech Association does
India InsurTech Association (IIA) is a New Delhi-based not-for-profit industry body founded by Prerak Sethi, Shwetank Verma, and Subhajit Mandal to promote technology adoption across the Indian insurance value chain. It self-describes as the only dedicated Indian InsurTech Association, and it serves a four-sided constituency: Indian InsurTech startups, incumbent insurers/brokers/banks seeking digital transformation, regulators and government bodies (IRDAI, IFSCA, NHA, IndiaAI), and technology/service provider sponsors. The association runs a portfolio of programs including the annual flagship IIA Annual Event (5th edition scheduled for November 25, 2026 at The Westin Mumbai Powai Lake, following a 4th edition in 2025 at the Fairmont Mumbai with 950+ decision-makers and 70+ speakers), the First 20% Program supporting startups' global expansion, the IRDAI InsurTech Event, working groups, thought leadership publishing, an India InsurTech Map, an annual Pitchbook, an IIA Podcast, and joint research products such as the IIA-BCG Annual Report and the "From Consent to Cover" Account Aggregator study co-produced with Sahamati and KPMG in India. Technology surface is non-commercial and lightweight: a Wix-hosted public site, member and event registration portals, social channels (LinkedIn, X, YouTube, Instagram, WhatsApp), and an llms.txt structured knowledge file (v1.0, dated 2025-10-26) that maps IIA's authoritative pages for AI and LLM retrieval.
India Insurtech Association firmographics
Firmographics- Name
- India Insurtech Association
- Legal name
- India InsurTech Association
- Website
- https://indiainsurtech.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- India InsurTech Association (IIA) is a New Delhi-based not-for-profit industry body that promotes Indian InsurTech startups by convening insurers, brokers, regulators, and technology sponsors through its flagship annual event, working groups, membership programs, and joint research with Boston Consulting Group and other partners.
- Ownership category
- akta.pro rank
India Insurtech Association industry classification
Industry- Product category
- Industry Association Services
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Other Insurance Related Activities (52429)
- SIC
- Insurance Agents, Brokers & Service (6411), Services-Membership Organizations (8600)
- akta.pro primary industry
- Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)
- akta.pro secondary industry
- Data, Analytics & AI for Insurance (Risk, Pricing, Personalization) (FSAGAGAE)
Keywords
Where India Insurtech Association is headquartered
LocationHeadquarters
- HQ city
- New Delhi
- HQ country
- India
- HQ region
- Asia
Offices1 record
Markets served
India Insurtech Association business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Technology or R&D
Revenue model
- Membership fees (organizational and individual): Recurring revenue from corporate/organization memberships and individual memberships, providing access to events, visibility, policy advocacy, and ecosystem programs.
- Event sponsorship and partner fees: Sponsorship tiers (Lead Sponsor, Annual Sponsor, Premium, Associate, Kiosk) for the IIA Annual Event and other events, supporting recurring event-driven revenue from ecosystem participants.
- Annual event ticket sales / registration fees: Ticketed attendance for the flagship IIA Annual Event and other events (roundtables, workshops, virtual events), including event pass sales.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | — | Membership tiers (organizational and individual) and sponsorship tiers for events |
| Other | — | Event pass pricing (IIA Annual Event) |
Go-to-market motion4 records
Distribution channels6 records
Marketing channels12 records
India Insurtech Association product offering
Product offeringCore offering
India InsurTech Association (IIA) is a not-for-profit industry association that facilitates the promotion of technology usage across the Indian insurance value chain. It offers organizational and individual memberships, hosts the flagship IIA Annual Event, runs sponsorship programs, and operates the First 20% Program to support Indian InsurTech startups' global expansion during their market-entry phase.
Product overview
No product/service information was available in the provided source data.
Differentiator
Problem solved
Functional benefit
Products and services
- IIA Membership (Organizational and Individual) Recurring membership offering for organizations and individuals participating in the Indian InsurTech ecosystem, providing access to networking, events, working groups, the First 20% Program, thought leadership, and policy advocacy channels.
- IIA Annual Event Flagship in-person industry conference where leaders from insurers, brokers, InsurTech companies, banks, and service providers converge; features ticketed registration, speaker sessions, and ecosystem networking.
- Event Sponsorship Packages Tiered sponsorship offerings (Lead Sponsor, Annual Sponsor, Premium, Associate, Kiosk) for the IIA Annual Event and other events, providing brand visibility, lead generation, and ecosystem engagement for technology vendors and service providers.
- First 20% Program Flagship support program that encourages early technology adoption among insurers, brokers, and ecosystem players, and supports Indian InsurTech startups in their global expansion during the market-entry phase.
Companies that use India Insurtech Association
Customer profileNamed customers11 records
Segments7 records
Ideal customer profiles4 records
India Insurtech Association technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
India Insurtech Association partnerships and signals
Strategic signalPartnerships
30 partnerships are on record, tiered flagship (iia annual sponsor for 2025 and 2026), lead (lead sponsor of iia annual event 2025), flagship (joint research partner), core ecosystem partner, core (knowledge partner; co-research partner), core ecosystem partner (academic), opd & wellness partner (event 2025), agentic ai in insurtech partner (event 2025), technology partner (event 2025), cyber partner (event 2025), tech sponsor (event 2025), community partner (event 2025), international ecosystem partner, government / investment promotion partner, industry body partner, co-research partner and media partner.
- Duck Creek Technologiesflagship (iia annual sponsor for 2025 and 2026)IIA Annual Sponsor for both the 2025 and 2026 Annual Events. Featured prominently on the homepage as the 'IIA Annual Sponsor'. Christian Erickson, Managing Director-APAC at Duck Creek Technologies, is a speaker at the IIA Annual Event 2025.
- Google Cloudlead (lead sponsor of iia annual event 2025)Lead Sponsor of the IIA Annual Event 2025 (held at Fairmont, Mumbai on October 30, 2025). A Balakrishnan (Director, Google Cloud) participated as a speaker at the event.
- Boston Consulting Group (BCG)flagship (joint research partner)Co-produces the IIA-BCG Annual Report mapping India's InsurTech landscape, emerging technologies, and regulatory developments. Vivek Mandhata (MD & Partner, BCG) and Pallavi Malani (MD & Partner, BCG) are speakers at the IIA Annual Event 2025.
- Institute of Actuaries of India (IAI)core ecosystem partnerListed as a key Indian Ecosystem Partner on the IIA homepage and as a Supporting Partner at the IIA Annual Event 2025.
- Sahamaticore (knowledge partner; co-research partner)Knowledge Partner for the IIA Annual Event 2025 and a key ecosystem partner. Co-produced the report 'From Consent to Cover: How the Account Aggregator Framework Can Unlock Value in the Insurance Industry' with IIA and KPMG in India. Speakers at IIA Annual Event 2025 include Colin Fernandes (VP, Innovation) and Shalini Gupta (Chief Policy & Advocacy Officer).
- ONDC (Open Network for Digital Commerce)core ecosystem partnerListed as a key Indian Ecosystem Partner on the homepage and a Supporting Partner at the IIA Annual Event 2025. Speakers include Hrushikesh Mehta (SVP, Financial Services) and Mohit Monga (VP, Products).
- BIMTECHcore ecosystem partner (academic)Listed as a key Indian Ecosystem Partner on the homepage and a Supporting Partner at the IIA Annual Event 2025. Academic partner for InsurTech research and talent.
- National Insurance Academy (NIA)core ecosystem partner (academic)Listed as a key Indian Ecosystem Partner on the homepage and a Supporting Partner at the IIA Annual Event 2025. Academic and training partner for the insurance industry.
- GIFT City (Gujarat International Finance Tec-City)core ecosystem partnerListed as a key Indian Ecosystem Partner on the IIA homepage. IFSCA Chairperson Shri K. Rajaraman has been a featured speaker at the IIA Annual Event.
- Nasscom (deeptech)core ecosystem partnerListed as a key Indian Ecosystem Partner on the IIA homepage. Industry body partner for technology and deeptech initiatives.
- Visit (getvisitapp.com)opd & wellness partner (event 2025)OPD & Wellness Partner of the IIA Annual Event 2025. Sponsor logo featured on the event page.
- RevRag AIagentic ai in insurtech partner (event 2025)Agentic AI in Insurtech Partner of the IIA Annual Event 2025. Co-Founder & CEO Ashutosh Prakash Singh is a speaker at the event.
- NTT Datatechnology partner (event 2025)Technology Partner of the IIA Annual Event 2025. Sponsorship and ecosystem engagement.
- BOXX Insurancecyber partner (event 2025)Cyber Partner of the IIA Annual Event 2025. Milan Naik (President, Asia & Middle East & Global Affinity Lead, BOXX Insurance) is a moderator at the event.
- Sharpsell.aitech sponsor (event 2025)Tech Sponsor of the IIA Annual Event 2025. Co-Founder Arun Subramanian is a speaker at the event.
- Indian Financial Forum (IFF)community partner (event 2025)Community Partner of the IIA Annual Event 2025.
- Italian Insurtech Associationinternational ecosystem partnerSupporting Partner at the IIA Annual Event 2025. International InsurTech association partnering for cross-border ecosystem collaboration.
- MENA Insurtechinternational ecosystem partnerSupporting Partner at the IIA Annual Event 2025. Lars Gehrmann (Group Chief Digital Officer, Qatar Insurance Group; MENA InsurTech Initiative organiser) is a speaker at the event.
- Insurtech Israelinternational ecosystem partnerSupporting Partner at the IIA Annual Event 2025. International InsurTech association partnership.
- InsurTech NYinternational ecosystem partnerSupporting Partner at the IIA Annual Event 2025. International InsurTech association partnership.
- Insurtech Australiainternational ecosystem partnerSupporting Partner at the IIA Annual Event 2025. International InsurTech association partnership.
- InsurTech Rising (Africa)international ecosystem partnerSupporting Partner at the IIA Annual Event 2025. International InsurTech association partnership (Africa).
- Fintech Association of Japan (FSA)international ecosystem partnerSupporting Partner at the IIA Annual Event 2025. International FinTech/InsurTech association partnership (Japan).
- Invest Indiagovernment / investment promotion partnerSupporting Partner at the IIA Annual Event 2025. India's national investment promotion and facilitation agency.
- GIC (General Insurance Council)industry body partnerSupporting Partner at the IIA Annual Event 2025. Indian general insurance industry body.
- LIC (Life Insurance Corporation of India)industry body partnerSupporting Partner at the IIA Annual Event 2025. India's largest life insurer.
- KPMG in Indiaco-research partnerCo-produced the report 'From Consent to Cover: How the Account Aggregator Framework Can Unlock Value in the Insurance Industry' with IIA and Sahamati.
- Asia Insurance Postmedia partnerMedia Partner of IIA. Provides coverage of IIA events and ecosystem news.
- The Insurance Timesmedia partnerMedia Partner of IIA. Industry trade publication covering IIA activities.
- Insurzinemedia partnerMedia Partner of IIA. Online insurance news publication.
Scale indicators10 records
Recent moves6 records
Expansion highlights5 records
India Insurtech Association competitors and assessment
Company assessmentDirect peers
- InsurTech NY: New York-based InsurTech industry association/community serving the US Northeast InsurTech cluster. Supporting Partner at IIA Annual Event 2025; directly comparable as a city/state-level InsurTech body running events, working groups, and member programming.
- InsurTech Hartford: US-based InsurTech industry accelerator/association based in Hartford, Connecticut, focused on connecting InsurTech startups with insurers. Directly comparable to IIA as a geographic InsurTech ecosystem convener running programming, working groups, and member services.
- Digital Insurance Agenda (DIA): Global InsurTech community and event platform hosting DIA Amsterdam and other insurance innovation events. Comparable to IIA in its event-led community model for InsurTech executives, startups, and insurers worldwide.
- Fintech Association of Japan (FSA): Japan's national fintech industry association with overlapping InsurTech coverage. Supporting Partner at IIA Annual Event 2025; comparable as an APAC industry association whose remit spans fintech and adjacent insurance innovation.
- Insurtech Australia: Australian national InsurTech association promoting InsurTech innovation and ecosystem development. Supporting Partner at IIA Annual Event 2025; comparable in mission, member segments, and event-driven model.
- InsurTech Rising (Africa): Pan-African InsurTech community and event series convening insurers, startups, and regulators across the continent. Supporting Partner at IIA Annual Event 2025; mirrors IIA's emerging-market association model.
- Italian Insurtech Association: National InsurTech industry association in Italy; structurally mirrors IIA as a country-level InsurTech body promoting collaboration between insurers, brokers, startups, and regulators. Listed as a Supporting Partner at IIA's 2025 Annual Event.
- MENA Insurtech: Regional InsurTech community initiative covering the Middle East and North Africa; pursues a similar mandate of convening insurers, brokers, and InsurTech startups. Listed as a Supporting Partner at IIA Annual Event 2025, making it a directly comparable association peer.
- Insurtech Israel: Israel's national InsurTech industry body, focused on connecting Israeli InsurTech startups with global insurers and investors. Supporting Partner at IIA Annual Event 2025; operates with the same industry-association playbook as IIA.
Broad incumbents
- InsurTech Connect: Largest global InsurTech conference and community (held in Las Vegas and other hubs). Comparable to IIA as an InsurTech ecosystem convener but operates at significantly greater scale and commercial breadth; useful comp for the upper bound of what IIA's Annual Event could aspire to.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
India Insurtech Association social profiles
Digital presenceIndia Insurtech Association financial estimates
Financial estimateRevenue estimate
Valuation estimate
India Insurtech Association leadership team
Management profileNumber of profiles
Profiles13 records
India Insurtech Association funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
India Insurtech Association M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about India Insurtech Association
What does India Insurtech Association do?
India InsurTech Association (IIA) is a not-for-profit industry association that facilitates the promotion of technology usage across the Indian insurance value chain. It offers organizational and individual memberships, hosts the flagship IIA Annual Event, runs sponsorship programs, and operates the First 20% Program to support Indian InsurTech startups' global expansion during their market-entry phase.
Is India Insurtech Association a public or private company?
India Insurtech Association is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was India Insurtech Association founded?
India Insurtech Association was founded in -1. It employs 1 to 10 people.
Where is India Insurtech Association based?
India Insurtech Association is headquartered in New Delhi, India, in the Asia region.
How does India Insurtech Association make money?
Three revenue lines are on record. Membership fees (organizational and individual) is the primary driver. The others are event sponsorship and partner fees and annual event ticket sales / registration fees.
Who are India Insurtech Association's main competitors?
Direct peers on record are InsurTech NY, InsurTech Hartford, Digital Insurance Agenda (DIA), Fintech Association of Japan (FSA), Insurtech Australia, InsurTech Rising (Africa), Italian Insurtech Association, MENA Insurtech and Insurtech Israel. InsurTech Connect is listed as a broad incumbent.
Does India Insurtech Association have an API?
No public API is recorded for India Insurtech Association.
What industry is India Insurtech Association in?
India Insurtech Association's product category is Industry Association Services. Its primary akta.pro industry code is FSAGAGAL, Embedded Insurance & Affinity Distribution Platforms, with a secondary code of FSAGAGAE, Data, Analytics & AI for Insurance (Risk, Pricing, Personalization). Its NAICS code is 5242 and its SIC code is 6411.