CEO and Co-founder, Toffee Insurance
“With Nearly 70% of the countries population living in Rural and semi-open geographies, the move will boost the vision of Digital India and provide Toffee Insurance with an opportunity to upscale. It will establish financial inclusivity and provide easy access to digital risk products for the next half billion. From the budget 2019 we are expecting rebates on angel tax for start-ups, reduce taxes for MSME’s to enable growth. Reforms in the regulatory framework of the insurance industry will help improve market penetration and risk mitigation. Also the framework of subsidies where insurers are encouraged to reach rural areas by providing incentives to the technology led digital channels and making insurance a mandatory element of individual tax planning will help benefit all from it.”
