Turtlemint CFO expects 40% FY27 revenue growth as insurance regulation seen boosting penetration – CNBC TV18

In TrendsStock MarketNSE IPOGold vs SilverN ChandrasekaranDow JonesCrude Oil PricesBRICS SummitTurtlemint CFO expects 40% FY27 revenue growth as insurance regulation seen boosting penetrationBadri Sanjeevi, Chief Financial Officer of Turtlemint Fintech Solutions Pvt Ltd, said proposed insurance commission reforms could improve affordability and expand insurance penetration rather than hurt profitability. The company also expects renewal revenue growth and stronger volumes to support its FY27 guidance. How does the insurtech plan to achieve its profitability target?By Ritu Singh | Vivek Iyer September 19, 2026, 6:26:10 PM IST (Published)Badri Sanjeevi, Chief Financial Officer of Turtlemint Fintech Solutions Pvt Ltd, an Indian technology-enabled insurance distribution platform (insurtech), has reaffirmed the company's financial year 2026-27 (FY27) guidance of around 40% revenue growth and adjusted earnings before interest, taxes, depreciation, and amortisation (EBITDA) profitability, saying the business does not expect proposed changes to insurance distribution commissions to affect its margins.Sanjeevi said the company believes regulatory changes aimed at reducing insurance distribution costs could improve affordability and expand insurance penetration, particularly in smaller cities and towns. He said Turtlemint expects higher volumes to offset any changes in commission structures while maintaining its profitability targets.On reports around the Insurance Regulatory and Development Authority of India's (IRDAI) proposed framework…

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