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Digit Insurance is a digital-first, full-stack general insurance company based in Pune, India, that provides health, motor, travel, and property coverage through online channels. The company operates a cloud-based platform offering 74 distinct insurance products distributed through a network of 61,972 partners, including individual agents and corporate brokers. Operating at a $3.5 billion valuation, the insurer generated ₹5,693 crore in gross written premiums during the 2022-2023 fiscal year and reported a net profit of INR 182 crore in fiscal year 2024. Backed by prominent institutional investors such as Fairfax Financial Holdings and Sequoia Capital, the firm has served over 50 million consumers across its various product lines and recently listed its shares on the NSE and BSE. The enterprise, officially known as Go Digit General Insurance, was originally founded in 2016 by insurance veteran Kamesh Goyal.
Key people at Digit Insurance.
Digit Insurance was founded in 2016 by Kamesh Goyal (Co-Founder).
Key people at Digit Insurance.
Go Digit General Insurance is a prominent Indian insurer providing a comprehensive suite of general insurance products, including motor, health, travel, and property coverage. The company leverages technology to simplify complex insurance processes, offering paperless claims and automated policy issuance for a streamlined customer experience. This digital-first approach aims to enhance accessibility and efficiency across its various offerings.
The company was founded in 2016 by Kamesh Goyal, an industry veteran with over three decades of experience in the insurance sector. Goyal’s foundational insight stemmed from a desire to demystify insurance, making it more transparent and user-friendly for a broad customer base. This led to the creation of a platform focused on digital innovation to address traditional industry pain points.
Digit Insurance serves a wide array of retail and commercial customers seeking accessible and convenient insurance solutions. Its overarching mission is to "Make Insurance Simple," striving to deliver transparent, tech-enabled general insurance products. The company envisions a future where insurance is easily understandable and available to a larger population, continuously challenging conventional practices.
Digit Insurance was founded in 2016 by Kamesh Goyal (Co-Founder).