Insurance for All by 2047: Making Public–Private Partnerships Work

India’s “Insurance for All by 2047” vision demands more than new products; it requires solving deep structural problems in how protection is distributed, designed, underwritten, and serviced, especially for MSMEs, informal workers, women, and low-income households. Despite rapid growth in InsurTech and regulatory innovation, penetration remains low and trust fragile, with traditional channels struggling on unit economics and digital channels often failing to convert and retain first-time customers.
This roundtable will bring together regulators, government representatives, insurers, and InsurTech to focus on a single core question: how can public–private partnerships be structured to close India’s protection gap at scale while remaining commercially viable and operationally robust? 
Odisha will be used as a practical lens and potential testbed, exploring how to blend national schemes, digital public infrastructure, and private innovation into simple, high-trust, embedded insurance offerings that work. 

Key topics to be explored:
- Building blended distribution models that combine government programs, DPI rails, and private platforms to reach low-income and informal segments sustainably.
- Redesigning products and underwriting for volatile incomes, climate and health shocks, and MSME risks, including the use of alternative and shared data under robust governance.
- Creating ‘high-trust by design’ customer journeys, with simplified disclosures, assisted digital experiences, and fast, low-friction claims that rebuild confidence.
- Structuring PPPs (roles, incentives, risk-sharing, and metrics) so that all actors are rewarded for long-term coverage, renewal, and resilience, not just enrolment numbers.