🛡️ Trust and claims. Everything else is detail.

PM Insurtech
(India Edition)

5 dynamics and 5 metrics for insurtech PMs.

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5 Dynamics

1.

Trust is the product — users buy protection, not software

2.

Claims experience is everything — one bad claim kills 100 referrals

3.

Underwriting data beats UX at margin — pricing precision wins

4.

Regulatory constraints shape every flow — IRDAI rules aren't optional

5.

Distribution remains partly offline — agents still drive a huge share

5 Metrics

1.

Conversion at quote-to-purchase — the real funnel step

2.

Claims settlement ratio and turnaround time

3.

Persistency (renewal) rate — LTV is 80% about renewal

4.

NPS post-claim — the only NPS that matters

5.

Cost per acquisition vs LTV — insurance CAC is high

FAQ

Is insurtech a good PM domain?

Slow-moving but large and resilient. You'll work with actuaries, underwriters, and regulators in ways no consumer PM does. Career paths branch into banking tech, wealth management, and fintech broadly. Compensation is solid; impact compounds over years as policies accumulate.

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