Digit insurance clocks $400 mn in annual premiums, served 20 mn customers
Go Digit General Insurance, a Bengaluru-based general insurance company offering health, motor and travel insurance, announced that it has clocked $400 million in annual premiums and served over 2 crore customers since its inception in 2017.
In the wake of the pandemic, the company’s group health business grew by 11 times to Rs 170 crore. “The pandemic was a testing time for the entire world. Insurance for many was a financial cushioning and for others a wake-up call to seek a robust health insurance cover,” said Kamesh Goyal, Chairman and Founder, Digit Insurance. The company also sold 79,536 health policies and insured 42.5 lakh lives between March 2020 and September 2021.