InsuranceDekho is an insurtech platform that utilizes a streamlined digital interface to provide instant insurance policy quotes and issuance across various categories, including travel, health, life, and vehicle insurance. By reducing the policy issuance time to just five minutes, it addresses the inefficiencies and lengthy processes traditionally associated with purchasing insurance, enhancing customer satisfaction and accessibility.
Funding
$210M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
BFMUFounders
Product
Problem
Purchasing insurance in India often involves navigating complex paperwork, enduring lengthy processing times, and lacking clear comparisons between different policy options. This can lead to customer frustration and delays in obtaining necessary coverage.
Solution
InsuranceDekho is an insurtech platform designed to streamline the insurance buying process, offering a digital interface for instant policy quotes and issuance across various insurance categories. The platform reduces policy issuance time to approximately five minutes, addressing the inefficiencies of traditional insurance purchasing. InsuranceDekho provides a user-friendly experience, allowing customers to quickly compare policies from multiple providers, select the best option for their needs, and receive immediate digital policy documents. A dedicated support team is available to assist customers with policy selection and claims assistance.
Target Audience
InsuranceDekho primarily targets individual consumers in India seeking to purchase or renew insurance policies for their vehicles, health, life, or business, as well as those seeking investment plans and travel insurance.
Features
- Instant policy quotes from top-rated insurers across various categories (car, bike, health, term, life, investment, business, and travel)
- Digital policy issuance in approximately five minutes
- Comparison tools to evaluate different policy options side-by-side
- Dedicated support team available seven days a week for assistance with purchase and claims
- Online claim support
- Partnerships with numerous insurance providers in India