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Max Life Insurance leads with most loyal customer base in Indian Private Life Insurance Industry during COVID-19, reveals Kantar s Annual Study
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Max Life Insurance leads with most loyal customer base in Indian Private Life Insurance Industry during COVID-19, reveals Kantar s Annual Study
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Top 10 Financial Stocks Today
The financial services sector of the economy has seen massive changes in the past few years as technology-led disruption acts as both a creative and destructive force within the industry. The global finance market is expected to grow from $20 trillion in 2020 to $22 trillion in 2021 at a compound annual growth rate of close to 10%. Some of the catalysts for this growth are fintech firms, blockchain-based currencies, and the rise of the sharing economy. However, these change-makers are also fueling the demise of traditional finance institutions.
According to research by London-based professional services firm PwC, 63% of insurance executives believe that the Internet of Things universe (IoT) will soon become strategically important to their business. There is also a growing unease within the banking industry that risks losing close to a quarter of business dealings to fintech firms within the next five years. The dramatic rise of blockchain over the p