Business transformation

We help insurers evolve with strategies tailored for your organization.s

Disruptive technologies, shifting demographics, rising customer expectations, increasing regulatory oversight and new competitive entrants represent serious challenges — even severe threats — to insurers. Staying relevant and viable demands that insurance companies make bold, strategic and urgent change.

To succeed, insurers must understand what’s possible and take decisive action to deliver value now and ignite long-term growth. From strategy through implementation, our team of global professionals has the industry knowledge and technical skills to help insurers transform.

Our latest thinking

Transformation Realized: How a leading non-life insurance company successfully leveraged synergies through a seamless post-merger integration

See how ICICI Lombard delivered value to all stakeholders through innovative, human-centered post-merger integration. Discover their strategic approach.

EY India

How entities in the financial services sector can plan their year-end closure

EY outlines key year-end accounting & financial reporting considerations for the financial services sector in FY 23. Read about the updates for year-end closure.

Jigar Parikh

EY Tech Trends Chapter VIII: Top FinTech trends in 2023

Discover how neo-banks to digital lending platforms and a slew of technology innovations are reshaping financial services. Learn more about FinTech trends.

EY India

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IFRS 17 Reporting and Calculation Platform (RCP)

Our Reporting and Calculation Platform (RCP) can help your business simplify reporting and calculation of IFRS 17. Find out how.
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Digital transformation in insurance

EY partners with insurers to build digital-first transformation strategies, deploying tools that boost efficiency, performance, and customer experience
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Customer and growth solutions

EY helps insurers adopt the right tech and retool experiences for stronger relationships with customers and distributors from crisis to recovery and growth.
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IFRS 17 implementation

Use compliance as a lever for finance transformation. EY helps align IFRS 17 regulations with your business goals through guidance on both tech & strategy.
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Strategy and Transactions in insurance

EY helps insurers improve efficiency, expand markets, pursue M&A & optimize capital to drive growth through tailored strategies and sector-focused insight.
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Tax services in insurance

For insurers streamline operations, expand into markets, pursue M&A & optimize capital to unlock stakeholder value through strategic consulting services.
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Finance, risk and actuarial change

For insurers to naviate compliance with new regulations like IFRS 17, integrating systems across finance, risk & actuarial functions for efficiency.
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Sustainable Finance

Sustainable Finance team at EY helps financial services companies define sustainability goals, drive long-term value & deliver measurable positive impact.
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The team

Pratik Shah

Partner and National Leader – Financial Services, EY India

Outside of work, Pratik is passionate about powerlifting and enjoys exploring diverse cuisines.

EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients.