Top 11 Insurtech Companies in India - Discover Trusted Digital Insurance Leaders
Table of Contents
Insurance in India used to mean paperwork, waiting rooms, and agents who vanished after the first premium. That picture has been rewritten in under a decade. Top Insurtech companies in India, like Digit, Acko, PolicyBazaar, Turtlemint, Plum, and Onsurity have turned a famously slow-moving sector into something closer to a tech product, one where claims settle in hours and policies get bought between two metro stops. The pitch is speed and transparency, but the real differentiator lies in how each company handles the moment that matters most: when something actually goes wrong.
Comparing the Top 11 Insurtech Companies in India
These ratings reflect ViewGates independent expert evaluation across weighted factors (service quality, support, market presence). They are not user-submitted scores.
| Company | Best For | Pricing | ViewGate Score | Sub-scores (Quality · Support · Presence) |
| Policybazaar | Online insurance comparison and purchase platform | Varies by service | 4.62 / 5 | 4.6 · 4.5 · 4.8 |
| ACKO | Digital-first retail motor and health insurance | Budget | 4.48 / 5 | 4.7 · 4.3 · 4.4 |
| Go Digit General Insurance | Digital insurance products for individuals and businesses | Varies by service | 4.42 / 5 | 4.6 · 4.2 · 4.4 |
| InsuranceDekho | Insurance discovery for retail customers and agents | Varies by service | 4.28 / 5 | 4.3 · 4.2 · 4.3 |
| Turtlemint | Insurance distribution platform for advisors and SMEs | Freemium | 4.18 / 5 | 4.2 · 4.1 · 4.2 |
| RenewBuy | Digital insurance selling for consumers and advisors | Budget | 4.05 / 5 | 4.1 · 4.0 · 4.1 |
| Plum | Employee health benefits for startups and SMEs | Mid-range | 3.98 / 5 | 4.2 · 3.8 · 4.0 |
| Coverfox | Online insurance marketplace for retail buyers | Varies by service | 3.92 / 5 | 3.9 · 3.8 · 4.0 |
| Onsurity | SME employee healthcare subscription solutions | Mid-range | 3.86 / 5 | 4.0 · 3.7 · 3.9 |
| Riskcovry | Embedded insurance infrastructure for businesses | Enterprise | 3.78 / 5 | 4.1 · 3.6 · 3.7 |
| Toffee Insurance | Micro-insurance products for niche customer segments | Budget | 3.65 / 5 | 3.8 · 3.5 · 3.7 |
ViewGates Findings: In the Indian InsurTech sector, Policybazaar, ACKO, Go Digit General Insurance, and InsuranceDekho are among the most consistently recognized players for digital insurance solutions, policy comparison, online insurance distribution, and technology-driven insurance services. These companies are gaining market preference due to their strong digital platforms, customer-focused solutions, simplified policy buying processes, and innovative approaches to improving insurance accessibility and claims experiences.
Detailed Profile of the Top 11 Insurtech Companies in India
Here are full details of the top 11 Insurtech companies in India:
1. Policybazaar
| Company Name | Policybazaar |
|---|---|
| Established Year | 2008 |
| Headquarters | Gurugram, Haryana, India |
| Official Website | Click Here |
Policybazaar is one of India's leading digital insurance marketplaces, enabling customers to compare and purchase insurance products online. Policybazaar is an insurance technology company providing a digital platform for comparing, purchasing, and managing insurance products. The company offers life insurance, health insurance, motor insurance, travel insurance, and other financial protection products through its online marketplace. Policybazaar serves individual customers, families, and businesses by connecting them with insurance providers through digital tools, advisory services, and online policy management solutions.
2. ACKO
| Company Name | ACKO |
|---|---|
| Established Year | 2016 |
| Headquarters | Bengaluru, Karnataka, India |
| Official Website | Click Here |
ACKO delivers digital-first insurance products with simplified policy purchase and claims management experiences. ACKO is an insurance technology company providing digital insurance products through an online platform. The company offers motor insurance, health insurance, and other protection products with digital policy purchase, claims management, and customer service solutions. ACKO serves individual customers, vehicle owners, and businesses through technology-driven insurance processes and online distribution channels.
3. Go Digit General Insurance
| Company Name | Go Digit General Insurance |
|---|---|
| Established Year | 2016 |
| Headquarters | Bengaluru, Karnataka, India |
| Official Website | Click Here |
Go Digit General Insurance focuses on making general insurance products accessible through digital platforms and simplified customer experiences. Go Digit General Insurance is an insurance company providing general insurance products through digital platforms and distribution partners. The company offers motor insurance, health insurance, travel insurance, property insurance, and commercial insurance solutions. Go Digit serves individuals, families, businesses, and corporate customers through online platforms, agents, and partner networks across India.
4. InsuranceDekho
| Company Name | InsuranceDekho |
|---|---|
| Established Year | 2016 |
| Headquarters | Gurugram, Haryana, India |
| Official Website | Click Here |
InsuranceDekho provides an online insurance marketplace that helps customers compare and purchase a wide range of insurance products. InsuranceDekho is an insurance technology company providing a digital platform for comparing and purchasing insurance products. The company offers motor insurance, health insurance, life insurance, and other insurance solutions through online tools and advisory services. InsuranceDekho serves individuals, families, and businesses by connecting customers with insurance providers through digital channels and partner networks.
5. Turtlemint
| Company Name | Turtlemint |
|---|---|
| Established Year | 2015 |
| Headquarters | Mumbai, Maharashtra, India |
| Official Website | Click Here |
Turtlemint combines digital technology with insurance advisory tools to support customers and insurance professionals across India. Turtlemint is an insurance technology company providing digital insurance distribution solutions for customers and insurance advisors. The company offers technology platforms that support insurance sales, policy management, and advisory services across health, motor, life, and general insurance categories. Turtlemint serves consumers, insurance advisors, agents, and financial service professionals through digital platforms across India.
6. RenewBuy
| Company Name | RenewBuy |
|---|---|
| Established Year | 2015 |
| Headquarters | Gurugram, Haryana, India |
| Official Website | Click Here |
RenewBuy offers technology-enabled insurance distribution and advisory services through a combination of digital platforms and advisor networks. RenewBuy is an insurance technology company providing digital insurance distribution and advisory services. The company offers health insurance, motor insurance, life insurance, and other general insurance products through its online platform and advisor network. RenewBuy serves individuals, families, and businesses by enabling insurance comparison, policy purchase, and customer support services.
7. Plum
| Company Name | Plum |
|---|---|
| Established Year | 2013 |
| Headquarters | Bengaluru, Karnataka, India |
| Official Website | Click Here |
Plum specializes in employee health benefits and corporate insurance solutions through a technology-driven platform. Plum is an insurance technology company providing digital insurance solutions focused on employee benefits and business insurance needs. The company offers corporate health insurance, employee wellness benefits, group insurance solutions, and healthcare management services. Plum serves startups, small and medium enterprises, and businesses seeking technology-enabled employee insurance solutions.
8. Coverfox
| Company Name | Coverfox |
|---|---|
| Established Year | 2013 |
| Headquarters | Mumbai, Maharashtra, India |
| Official Website | Click Here |
Coverfox enables customers to compare and purchase insurance policies through an easy-to-use digital marketplace. Coverfox is an insurance technology company providing a digital platform for comparing and purchasing insurance products. The company offers motor insurance, health insurance, life insurance, travel insurance, and other general insurance products. Coverfox serves individuals and families through online comparison tools, insurance advisory services, and digital policy management solutions.
9. Onsurity
| Company Name | Onsurity |
|---|---|
| Established Year | 2020 |
| Headquarters | Bengaluru, Karnataka, India |
| Official Website | Click Here |
Onsurity provides technology-enabled healthcare benefits and insurance solutions tailored for startups and growing businesses. Onsurity is an insurance technology company providing digital healthcare and insurance solutions for businesses, employees, and individuals. The company offers subscription-based healthcare benefits, employee health insurance, wellness programs, and group insurance solutions. Onsurity serves startups, small businesses, gig workers, and organizations through digital healthcare and insurance platforms.
10. Riskcovry
| Company Name | Riskcovry |
|---|---|
| Established Year | 2018 |
| Headquarters | Bengaluru, Karnataka, India |
| Official Website | Click Here |
Riskcovry develops digital insurance infrastructure that enables insurers and enterprises to embed insurance into their platforms and services. Riskcovry is an insurance technology company providing insurance infrastructure and digital platforms for insurers, businesses, and financial service providers. The company offers insurance technology solutions including policy management, embedded insurance platforms, claims solutions, and digital insurance APIs. Riskcovry serves insurance companies, fintech businesses, enterprises, and distribution partners through technology-driven insurance infrastructure.
11. Toffee Insurance
| Company Name | Toffee Insurance |
|---|---|
| Established Year | 2017 |
| Headquarters | Gurugram, Haryana, India |
| Official Website | Click Here |
Toffee Insurance focuses on providing customized digital insurance products designed for modern lifestyle and protection needs. Toffee Insurance is an insurance technology company providing digital insurance products designed for specific customer needs and lifestyle categories. The company offers health insurance, personal accident insurance, travel insurance, and customized insurance solutions through digital platforms. Toffee Insurance serves individuals and businesses through technology-enabled insurance products and online distribution channels.
Key Evaluation Factors We Assess
This table shows key factors that one needs to ponder when choosing the right Insurtech company:
|
Evaluation Factor |
What We Assess |
|
Service Quality |
Digital service quality, ease of use, customer support, policy management and user experience |
|
Compliance Capability |
Digital platforms, AI capabilities, data security, innovation, regulatory compliance, and industry expertise. |
|
Response & Claims Reliability |
Speed of customer support, claims processing efficiency, issue resolution, and service reliability. |
|
Cost Efficiency |
Pricing models, policy benefits, platform features and flexibility |
How to Choose the Right Insurtech Company for Your Needs
Here are some major aspects the one needs to notice when choosing the right Insurtech company:
-
Claim settlement ratio: A slick app means little if claims drag on for months, so check the numbers before the marketing.
-
Policy customisation: Some platforms let you tweak coverage down to the last rider, others box you into rigid templates.
-
Customer support access: Chatbots handle the basics, but a real human should be one call away when a claim gets complicated.
-
Network hospital reach: Cashless treatment only works if your city, and your preferred hospital, are actually on the list.
- Digital claim process: Paperless filing sounds great until the upload keeps failing, so test the process before you need it in a crisis.
Insurtech Trends in India: What You Need to Know
Some of the major Insurtech trends in India are:
Product insights: - Bite-sized covers, think one-day travel policies or gadget protection, are replacing the old one-size-fits-all annual plans.
Demand pattern: - Millennials and Gen Z buyers are driving a shift toward health and term insurance bought entirely online, no agent in sight.
Pricing: - AI-driven underwriting is personalising premiums street by street, rewarding low-risk buyers instead of averaging everyone out.
Types: - Health, motor, and embedded insurance, quietly bundled into flight bookings and phone purchases, are pulling ahead of traditional life cover.
Sustainability: - The focus of insurers is on the implementation of fraud detection algorithms, which is a stronger investment compared to get customers through marketing campaigns.
Market overview: - The industry continues to attract investments despite traditional insurers struggling to go digital, an exceptional scenario where disruption beats denial.
How to Access: - You can contact Insurtech either directly via apps and website portals, although collaborations with banks and online retailers have become general way to access them.
How ViewGates evaluates and rates these companies
Our evaluations are conducted independently by the ViewGates Editorial & Research Team. To build a complete picture of each company, our analysts aggregate public sentiment and data from multiple external sources — including community and trade forums, survey data, verified reviews across the web, and direct industry inquiries — and combine this with our internal database and proprietary scoring criteria such as service quality, support, pricing, and overall market presence.
User sentiment is one input among many; final ratings reflect ViewGates' independent expert assessment and are not based on direct user submissions on this platform. We follow a structured, consistent methodology to ensure fair comparisons across companies. Learn more on our Methodology page. To suggest a correction, contact us at support@viewgates.com.