The Future of Insurance in INDIA : Shared value model (Using business case studies)

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Video Introduction:
The insurance industry in India is accelerating at a remarkable pace. as of 2020 mobile and internet has already reached 700million Indians and because of the Jio wave, the internet is already used even in the remote parts of the country. And these 2 factor expected to catalyse the insurance penetration and density India!! In fact, the IBEF reports states that the Indian insurance industry will grow four-fold in the next 10 years from its current size of USD 60 billion and with giant public listed players like Policy bazaar, LIC and SBI, there is one very important factor that they need to capitalise on to become a dominating player in the insurance market! And if they play their cards well, the profits of these companies can skyrocket by 1000s of crores in the next 10 years and obviously their stock price is going to shoot up accordingly! So the question is what is the next big revolution in the insurance sector?
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Chapters:
Intro 00:00
Skipping 'how insurance works?' : 02:47
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#insurance #futureofinsurance #thethinkscool
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#thinkschool #insurancesector #futureofinsurance

[@editz7374]

In my CA tution my finance teacher used to say : " Last decade was for banking companies and the upcoming Decade is going to be the golden era of insurance companies.

[@hitman5161]

No it's for tech company

[@jainniraj2021]

Which teacher?

[@mostlymysterious4814]

@@hitman5161 may be both

[@aonea1605]

REALITY physics wallah PW JOIN kar le bahut achha couching hai or mera rank bhi aya hai achha Rs.3000 only agar paisa jada Rs 1Lakh 50 thousand hai to join kar fee jada hai esi liye achha couching hoga Nikale ga tumhre mehant se hi PW ek nayi umid hai jo jakar ek bar dekh lo rank kitna aya hai O bhi sirf 11 ,12 study karne se na ki #ALLEN ki trah 7 class se kuchh students ko chun kar kar rat din 10 th tak sirf es liye padhao ki top result 1 se 100 me de de or baki sak usi ko dekh a jaye or unko pata hi nahi chalta hai ki tu sirf MONEY kamane ke liya hai REALITY HAI

[@aonea1605]

REALITY physics wallah PW JOIN kar le bahut achha couching hai or mera rank bhi aya hai achha Rs.3000 only agar paisa jada Rs 1Lakh 50 thousand hai to join kar fee jada hai esi liye achha couching hoga Nikale ga tumhre mehant se hi PW ek nayi umid hai jo jakar ek bar dekh lo rank kitna aya hai O bhi sirf 11 ,12 study karne se na ki #ALLEN ki trah 7 class se kuchh students ko chun kar kar rat din 10 th tak sirf es liye padhao ki top result 1 se 100 me de de or baki sak usi ko dekh a jaye or unko pata hi nahi chalta hai ki tu sirf MONEY kamane ke liya hai REALITY HAI

[@Sourav_MadridCF]

Love From Odisha ❤️❤️

[@QuickRounders]

Money is always eager and ready to work for anyone who is ready to employ it

[@Imran_18653]

What BS you have to make money work

[@manjilmukherjee]

Great Quote, someday I am gonna use it

[@basanthroy2512]

Rightly said

[@focus199]

I don't know you reply or not but I really want to tell you that you are amazing and giving us the education that 10 years of school does not give us. Thank you so much 😃 😊

[@princemax1996]

Agree

[@focus199]

@@princemax1996 😊😊

[@ePublicOfIndia]

0:10 "Because of Jio wave internet has reached the remotest part of the country" This can't be more true. There is a village which lies in the remotest part of J&K known as Paddar. There is no proper road, no electric grid, no airtel/BSNL/Voda services in that Himalayan village but Jio recently started providing services in that village as well. Jio tower uses generators as well as solar power as source of power. The villagers use solar power to charge their phones. JIO has literally empowered the villagers

[@beraMangal]

Still many people hate jio

[@vardhanarya]

still jio has lot of area to cover.

[@vardhanarya]

@@beraMangal just bcoz ambani is gujrati and the pm happens to be from gujrat

[@007_Sun_Tzu]

And the "farmers" claim Ambani is one villain in there life 😂😂😂....inko batao...inko biryani khilane wale hi inka C kaat rahe hai...fools

[@sahilsah457]

Jio is not available in Andaman Island only bsnl and Airtel works there.

[@satyendranooka3437]

Now, Tuesdays and Fridays became my favourite days!❤️❤️

[@QuickRounders]

Recently I attend all video of think school rather then my regular classes

[@QuickRounders]

Congrats on almost 850k Subscribers! Keep up the good work! 🚀

[@saikiranrao194]

Stop spamming

[@QuickRounders]

@@saikiranrao194 What spamming I have done????

[@yajlittle-refreshingandsoo6481]

Insurance companies are commodity business because every insurance companies sell insurance eventhough they sell different insurances. Insurance market are very competitive. It may be good for insurance companies but not for investors.Unless you have very deep understanding of the insurance business don't invest at all. You would be better off investing in Nifty or sensex index fund rather than in insurance companies. Index fund gives 12% in a long term investment.[Always have in mind when there is higher profit margin business , competition arrives quicker than you think unless you have unique superior products or services that command higher price.]

[@dhandhekibhasha2076]

One of the best channels that i have came across on KZbin. Inspired me too to make case studies and a startup series. The case study that you do is soo intriguing

[@ganeshram580]

Man! I love the amount of work you put in here! I highly appreciate your time and efforts! Informative and engaging! Keep up! :)

[@aniketbelsare3029]

Man this channel is full of knowledge This channel is the best thing available on KZbin So many things to learn

[@swaroopsri5613]

Ganesh bhai growing from strength to strength. Loved the editing in particular and your presentation as always is brilliant. 👌🏻

[@atharvadawkhar1829]

Always love your content, the way you make complex issues really easy to understand is really impressive. Keep up the good work.

[@DhruveelDave]

The research done for every topic is incredible.

[@dishakamnani1671]

I read the article Superb model !! They well explained it with nestle and other companies example👍👏

[@vOOrab]

Your content is always gold and on point man. ! Crazy good how you explain things to its simplest. My favourite Indian youtuber by far.

[@HPBGAMER]

Aap to great ho Sirji.... Kya Gazab ki knowledge dete ho aap❤❤❤

[@sumedh_deole1111]

Looks like insurance industry is going to be the next big thing in india. Loved the video. 🔥💯

[@Niteshnshah]

As usual.. you don't Stop posting amazing videos & as usual I don't stop making your KZbin Baba Happy...you stick to your side & I will stick to my side ..love you sir for such a meaningful videos in this concrete Jungle of unwanted & useless videos..

[@nistalasuresh5837]

Tesla rolled out insurance based on "Monthly safety score for all its models and higher the score less is the premium cost. This way they drivers drive carefully took pay less and thus not prone to accidents and there by not many claims and eventually it's a surplus... Insurance business is an amazing Business but the middlemen make misselling which is the biggest hindrance

[@DemetriPanici]

*“If you’re not failing, you’re not pushing your limits, and if you’re not pushing your limits, you’re not maximizing your potential” - Ray Dalio*

[@mindfulrestaurantcoach]

How can somebody not like a material like this…you are too good man…more power to you…keep uplifting…however a humble suggestion …with more power will also come more responsibility…God bless

[@Som7939]

Get to learn so many new things from your videos...keep it up!

[@007_Sun_Tzu]

You do everything from research to editing of these yourself??? Thats just mighty impressive!

[@sandeepsathe9644]

U know guys.. it brings me the best part of it...I like the way u use these words ..Good stuff in case study..

[@ThirumalavasanGDamodaran]

Good one. Appreciate the presenter for the cases he brought for analyses.

[@satyendranooka3437]

thanks a lot, i never understood insurance concept, you explained with simple words

[@shashwatbajaj6963]

amazing work bro your analysis is op 👌🏻👌🏻

[@AdityaRaj-eb6gb]

You are just fabulous bro. Love you Ganesh bhai🧡

[@asiansongdong8423]

whenever i recharge my phone, there is a free insurance offer added in the pack , i never thought they were pushing the insurance because there is a huge scope for that. thanks for making there videos as always

[@gaikwadb8908]

Very nice information sister

[@QuickRounders]

Education is what remains after one has forgotten what he has learn in school- Albert Einstein

[@curiouspreetam]

Hi sir I wanted to share that I have crossed 700 subscribers. I just wanted to share because I love your content and wish to create videos like you, thankyou for inspiring and teaching me

[@nareshramesh3519]

hey ganesh,u r such a magician who knows how to spellbound audience.Delivering quality content with a top notch presentation each and everytime..congrats and good luck

[@chir80]

Woww. Just love the way u conduct yr research n share it with us. ❤

[@varunkumavat5752]

Thank you brother 🙏 . India is changing,there is one reason that creator like you are keep educating people in a simple way. Bharat is now on the road to regain its title of( vishva guru and golden bird) jai hind

[@nikhilaggarwal7727]

You have just given spark to a rocket bhai. Just wait and watch what's coming up. Thank you

[@nishant3403]

What a great learning man you made my day And also told how do data analytics in insurance sector.

[@geek4707]

Was waiting for this.Thank you Bhaiyya

[@SusmitSarkar]

Superb... Every time I watch a Think School video... I learn a new concept. Thank you once again 🙂

[@cblondhe]

Good Videos, really appreciate the deep dive into the topic.

[@dhruvsapariya2142]

One word - Insightful... Any insurance company CEO should watch this on repeat, I'm gonna think about buying HDFC life stocks...

[@omkarjadhav3326]

Helpful as always...thanks alot❤️👍

[@rachittrikha]

Very precise...... love to see your presentation... Thank you...🙏🙏

[@sangramrit]

Insurance industry is already witnessing these changes. Maruti suzuki sends messages to keep car in safe place whenever there heavy rains in our area. Health insurance companies are giving discounts on next premium, if you have there app installed & walk certain number of steps daily.

[@tradingtraveller05]

Thanks for this nice case study. Its really interesting to see this side of Insurance companies. Already using small case. Going to add Insurance Case as well..

[@SunilKumar-nw4bj]

It's an useful info for future investors👌, good to have such knowledge☺

[@alaharivital]

Not youtube is baba you r great babaa

[@deepakbisht2750]

I had my car accident and its cost me 1.96L as repair cost but i got 1.94L from insurancer. That was amazing. Mathmetically i was paying on an average 17K yearly and till that accident year i paid only 4 installation 68K.

[@mihir9608]

Did you have 0 dep insurance?

[@deepakbisht2750]

@@mihir9608 yes

[@Aman-ns1yf]

Can u tell which things should we include in our car insurance to get the best value?

[@wazir1404]

We always learn something from you that's the reason we are here and continue on your channel to take knowledge.jai hind 🇮🇳

[@mrunaldeshpande8972]

Love the way u make it even more simpler and easy to comprehend every time 💯

[@lego-_-1716]

Your Videos are genuinely worth watching and truly worth the time🙏 I would like you to make a video about NFTs Thank you for teaching me things that school couldn't.

[@nikhilkothari6247]

Hey, in the start you mentioned about insurance company growing 4 fold in the next decade. Growth for last decade was projected to be 14-15% CAGR for the industry but it grew only 4%.

[@izharshaikh5067]

Great video as always. Why not make a review series on IPO's?

[@DhavalDhruv]

Other business KZbinrs buy our business program and you will build a billion-dollar business. And you Think school just point to point content nothing else. Thank you so much.

[@aryanrathod4064]

Best channel for business study.

[@mohaktripathi7268]

Your "how to read book as CEO" video was really helpful and the steps which you mentioned. Just wanna know, do you teach your research methodology (obviously research can't be put in straight jacket formula) in your communication masterclass?? If not then please share your reaearch tactics either in paid courses or any youtube video like this. Regards

[@rockrocks8439]

O-h+huhhhhhh+huhh+-hl jhut uk hm unhein j+nhh hmmm h hmuh ur hhnyhy nyhhnyhhhhynynynypyyyyyyyyyyyhyyyyypppppnpppppp Ppimyyyyyjnyyynyynynyynhnynynnynnnjnjpyyppyyyyypynyypmppt Ppppyyypyymynynnynhyjnyyyyp6yyypyyypppppppppp p pp pp Ppppppppppyyyyppypyp

[@deathstroke2341]

@@rockrocks8439 sfsdaecdaead

[@aonea1605]

REALITY physics wallah PW JOIN kar le bahut achha couching hai or mera rank bhi aya hai achha Rs.3000 only agar paisa jada Rs 1Lakh 50 thousand hai to join kar fee jada hai esi liye achha couching hoga Nikale ga tumhre mehant se hi PW ek nayi umid hai jo jakar ek bar dekh lo rank kitna aya hai O bhi sirf 11 ,12 study karne se na ki #ALLEN ki trah 7 class se kuchh students ko chun kar kar rat din 10 th tak sirf es liye padhao ki top result 1 se 100 me de de or baki sak usi ko dekh a jaye or unko pata hi nahi chalta hai ki tu sirf MONEY kamane ke liya hai REALITY HAI

[@aonea1605]

REALITY physics wallah PW JOIN kar le bahut achha couching hai or mera rank bhi aya hai achha Rs.3000 only agar paisa jada Rs 1Lakh 50 thousand hai to join kar fee jada hai esi liye achha couching hoga Nikale ga tumhre mehant se hi PW ek nayi umid hai jo jakar ek bar dekh lo rank kitna aya hai O bhi sirf 11 ,12 study karne se na ki #ALLEN ki trah 7 class se kuchh students ko chun kar kar rat din 10 th tak sirf es liye padhao ki top result 1 se 100 me de de or baki sak usi ko dekh a jaye or unko pata hi nahi chalta hai ki tu sirf MONEY kamane ke liya hai REALITY HAI

[@hashirkk6704]

Highly informative and insightful ❤️

[@shaileshparmar5818]

This video itself is a gold mine 👌

[@UjjwalKumar-]

Superb ❤️❤️👍🏼❤️👍🏼❤️👍🏼 . I am seeing this on my T.V ❤️👌🏼👌🏼👌🏼👌🏼👌🏼❤️❤️❤️

[@wazir1404]

we are always with you and your knowledge.keep teaching us SIR plss 🙏🙏

[@mrithun15]

Exactly what I was looking for. Great info

[@awesomeshubham9153]

Watching such information packed videos is more important that buying insurance 😅

[@jyotichoudhary817]

Present buddy♥ Thank you for your hard work♥♥ Keep going both of you♥♥ Ye Dil Maange More♥

[@abhishek7271]

Because of Data , too many field got new opportunity in this decade So two ways to make millions with job only 1: become data analyst 2: invest in top 5 insurance companies monthly

[@ivinitmittal]

Refreshing topic!!🔥

[@shakibkureshi2430]

Thank you so much for great video ❤️🙏

[@YOUTUBERSHIVAM1551]

-If you want to be successful. -Learn from other people's mistakes. -Don't learn from the successful peoples stories. -learn from other people's mistakes. -no matter how smart you are. -you will encounter these mistakes. -you learn from mistakes Not because you will be able to avoid mistakes. -you will able to see when these mistakes comes, -this suffer comes, -you know how to deal with it . -how to face it. -Solan from other people's mistake That's the key of success...

[@mdraheem6625]

I believe your channel is very underrated as of now but may shoot up to 5x in next 2 years

[@yashjhade2337]

Not only this, but they also take time value of money into account while planning profits.

[@siddharthbanerjee7455]

Now this is what I call fabulous

[@neerajkumarmuduli5031]

very informative....topic ,thanks

[@pradneshkhaladkar7634]

Yes Tuesday and Friday are my favourite Days...

[@adityakharote3878]

Most of the insurance companies in India have underwriting losses. They earn from the investment income. There are challenges in Indian insurance industry such as change in consumer behavior, Technology disruption, Changing regulations, frauds, CAT losses and so on. These problems are causing insurance companies to keep their business ON. But days are changing, insurers are addressing them with innovative strategies like digital transformation, products innovation etc.

[@Amith-ky8hw]

Best video ever ❤️❤️❤️

[@bhargavpatel6217]

Awesome, as always 😉

[@ranuraje913]

Insurance company can enter into gain sharing aggreement with research companies ...if research results into increase in revenue or/ and decrease in claims by acceptable percentage then gain can be shared by both of them...and Insurance company have to pay to research company only if research results any gain to the company...this way benefit not only Insurance co, but also research co, customer, and resources to fix problems after damage could also reduce to huge extent...

[@ranuraje913]

Value Shop model can also be helpful

[@saurav5938]

It was really a great presentation apart from the information you shared.

[@allah3398]

My uncle is the inspector to check the reality of the incidents... He told us that in many cases the company tells him to point out any nonsense way to avoid giving claim or give only 40-50% ...the less amount of customer gets the more will be commission of my uncle... And it's one of the top insurance companies...

[@sriramvenkata1326]

I think after watching this video no one takes insurance,instead invest on the aspects deal by insurance companies

[@berlin5403]

Even though I happen to know about something and you tell to move to next time stamp . I watch the video completly 😂

[@StrikingCommoner]

You deserve every single like from those who watch your videos

[@Pankaj-nx1ci]

I know some people who just damages some parts of their car ...which have some scratch or minor damages ...than replaces the whole part and apply for the claim ...this is the reason i m not interested in insurance companies

[@vaibhavarya4006]

When the biggest Bullish Investor in India is starting New Businesses. This begs a question. Should one really be investing time and money in stock market or all our energy be invested in starting our own businesses ?

[@sushmitghosh6314]

sir , please make some videos on how Steve Jobs saved apple from bankruptcy .

[@FlakyClips1]

It's like insurance company wants you to fear of accidents which can happen unexpectedly and at the same time they pray that no one should met with an accident.

[@kashishjindal3258]

Did you guys notice that the GOAT ganesh don’t monetise from KZbin ads i would love to know why is it because he want his audience to have a good experience while watching him?

[@ThinkSchool]

We did monetise bro. Very difficult to sustain without it.

[@shankar167]

superb, I have subscribed now.

[@RuturajPatki]

Very nice and informative video. Just like your every other video, I truly love the way you present animated info graphics. 👍🏻👍🏻 Still guessing which software you use for this and how you do it... Would you like to end my guess by replying to this comment? 😉😊

[@ThinkSchool]

Final cut Pro Thanks alot for supporting ❤️

[@RuturajPatki]

@@ThinkSchool thanks so much for your reply. I am sure it's not the Final cut Pro, it's the Pro who is giving that Final cut is the difference. 👌💐

[@Shiva-qu6wp]

Hi Ganesh. Thnx for wonderful videos. Could you make video on 'Metaverse' and how it will change the entire world going forward. Really want to hear it from u. This topic really going to be very interesting.

[@varungandhi8733]

Hi Ganesh and Parsh, I am curious to know how a company like bislery was able to sell water and generate profit out of it P.S: Asking this keeping in mind how price sensitive the Indian market is

[@Tushhhhhar5]

Informative.Keep it up.

[@abunirmal7408]

Very Good case study..

[@akshaypatyal3228]

This person is really smart 👆

[@McKingBurger]

Very very informative

[@prashanthb17]

Like I will skip the video to 2:45, common dude. I refresh my concepts here. :D Plus I will know how to tell it simply when I have to explain the same concept to some junior

[@vijaythamban3149]

Which Insurance was that which rejected claim and which was the private operator which deployed drone and processed the claim.

[@MegSulivan]

Insurance will take care of you and your loved ones in the long run. While Investments will take care of your and your loved ones now and in the immediate future or even longer as you keep investing

[@manishvishwakarma3976]

Thanks a lot 🙏

[@vsaiteja3391]

Wow nice case study