INA vs TATA

At a session on inclusive insurance in New Delhi, panelists were discussing various ways, including using digital tools, to bring more people under insurance cover. While some panelists suggested going digital might be the only alternative, David M Dror, chairman and managing director, Micro Insurance Academy, chose to differ. He said TINA, the acronym for “there is no alternative” — the phrase associated with former British prime minister Margaret Thatcher — was not the right term for India. He added that India was the land of TATA, where the acronym stood for “there are a thousand alternatives”.