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Best Insurtech Startups In India for 2025

Insurtech startups in India are significantly changing the insurance industry. By using advanced technologies and innovative ideas these companies are making insurance easier to access more affordable and user-friendly for consumers.

By Aryan Sharma
New Update
Insurtech Startups In India

Insurtech startups in India are changing the insurance industry by using advanced technologies like artificial intelligence machine learning and data analytics. These companies are developing new insurance solutions that are made to fit the specific needs of Indian customers. They help improve processes like assessing risks distributing policies and handling claims.

As India startup ecosystem grows insurtech companies are playing an important role in making insurance easier to access more efficient and focused on customer needs. By using advanced technologies these insurance startups are able to create innovative products designed specifically for Indian consumers.

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Top Insurtech Startups in India for 2025

Explore the top insurtech startups in India for 2025. Discover key players, their offerings, and how they are transforming customer experiences and insurance accessibility.

Digit Insurance

Digit Insurance is an online insurance company in India that offers a variety of insurance products. Digit is a general insurance company founded by Kamesh Goyal and supported by the Fairfax Group. It offers car insurance, travel insurance, home insurance, commercial vehicle insurance, and shop insurance. 

Digit General Insurance provides various motor insurance policies to protect you and your vehicle from accidents, theft and natural disasters. They also offer extra add-on covers to enhance your insurance protection.

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PolicyBazaar

Policybazaar is an online insurtech startup in India that lets users easily compare buy and manage different insurance policies. It offers a website and mobile app where users can compare insurance options and other financial services from top insurance companies.

Based in Gurgaon, India PolicyBazaar has grown to a workforce of 1,001-5,000 employees and made a notable impact in the insurance industry. Between 2014 and 2018, the company secured over $238 million in funding with major backing from SoftBank Group.

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Acko General Insurance

Acko General Insurance is a private insurance company in India that provides a range of products online. Acko General Insurance is a private sector general insurance company based in India. Founded in November 2016 it obtained its license from the Insurance Regulatory and Development Authority of India (IRDAI) in September 2017.

ACKO Health Insurance offers affordable health insurance policies through its online distribution model. In contrast to traditional health plans in India which are typically sold through agents and brokers who earn commissions from the insurance company ACKO focuses on direct online sales.

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Go Digit Insurance

Go Digit Insurance is a digital insurtech startup provider that offers a variety of insurance products. Headquartered in Bengaluru, India. Go Digit Insurance is a prominent insurtech company in the country. With a substantial workforce and over $200 million in total funding since 2017 this digital insurance provider is transforming the Indian insurance landscape.

The car insurance provider offers motor insurance to its clients through a network of over 5,800 cashless garages located across the country. The company provides a smartphone-enabled claim settlement service simplifying the process for policyholders.

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Insurance Dekho

InsuranceDekho is an online insurtech startup that lets users compare insurance quotes and purchase insurance policies. It has a wide variety of insurance products including health, life, motor, travel and pet insurance. InsuranceDekho is an omnichannel platform that provides not just insurance options but also investment choices and tax schemes. 

The company currently claims to partner with 48 insurance providers, offering more than 630 insurance plans on its platform. An online insurance comparison platform for individuals, it allows users to select multiple policies, compare prices, and make payments. The platform offers insurance plans for health, cars, and bikes.

RenewBuy

RenewBuy.com is one of India’s fastest-growing online insurtech startup distribution platforms, offering a wide selection of life and general insurance policies from various insurance providers.

RenewBuy aims to simplify insurance and make it accessible to everyone. The company mission is to provide the widest range of insurance options through their Point of Sale Person (POSP) advisors using their innovative proprietary technology. RenewBuy is one of the fastest-growing online distribution platforms offering a broad selection of life and general insurance policies as well as other financial products.

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SecureNow

SecureNow is an insurance brokerage firm in India that provides commercial insurance solutions for small and medium-sized enterprises. SecureNow is one of the leading insurance companies in India, dedicated to protecting small and medium-sized enterprises by offering the best and most affordable insurance options.

SecureNow is a young insurance brokerage firm, is filling an important gap by providing pure-risk commercial insurance to small and medium-sized enterprises. These smaller businesses often lack access to quality insurance options on their own. We provide you risk assessment & cover at best rates.

Turtlemint

Turtlemint is a digital platform that supports financial advisors in distributing insurance products to their clients. It also helps consumers find and purchase suitable insurance policies. The platform's goal is to demystify insurance by simplifying complex terms and providing smart tools that assist users in making informed decisions.

Turtlemint streamlines the understanding and purchasing of insurance. They aim to make insurance more accessible by clarifying difficult terms and offering helpful tools for users. Turtlemint has a friendly team of insurance advisors available via chat, phone and in-person to assist users with purchasing and claims services.

Toffee Insurance

Toffee Insurance is a digital insurtech startup that provides small, affordable and accessible insurance products for everyday needs. Toffee Insurance is a microinsurance platform that helps millions of people insure their everyday items for peace of mind. The platform primary goal is to simplify the insurance process by reducing the hassle of complicated paperwork and time-consuming procedures.

Toffee has also launched innovative products such as cycle, EV and pet insurance along with a one-click process for issuing policies and processing claims. By focusing on fairness, transparency and customer-centricity they have gained the trust of millions. Now they are planning to expand their offerings to provide insurance for everyone.

Coverfox

Coverfox is an online insurance broker in India that lets customers compare and buy insurance policies from more than 30 insurance companies. Coverfox Insurance is a company based in Maharashtra that offers various insurance products and services. They help you buy, renew, and compare insurance plans, including motor, health, term, and life insurance. 

Coverfox makes shopping for insurance easier by offering many options on one platform. Their AI system recommends policies based on your profile, and human experts are available to help you choose the best option.

Finsall

Finsall is an insurance fintech platform that provides financing options for insurance premiums in India. Finsall is providing every Indian with an affordable, simplified, and seamless digital premium financing experience. As a leader in India’s insurance premium financing industry, we are dedicated to maintaining our status as the most trusted partner in the ecosystem.

Finsall is one of the top and most affordable insurance companies in India. They primarily focus on offering installment plans for customers who cannot pay their insurance premiums upfront. They partner with banks that provide loans to these customers.

Probus

Probus is a leading insurance broker with a retail client presence throughout India. It maintains a strong balance of both life and non-life insurance businesses. Probus was established on November 22, 2002. Probus is a non-profit, non-political, and non-sectarian organization that offers a social space for retired and semi-retired individuals to connect, make friends, and explore their interests.

PROBUS is a local, national, and international association of retired individuals who gather in non-political, non-sectarian, non-profit, and autonomous clubs. These clubs offer regular opportunities for members to meet others in similar situations.

Conclusion

Insurtech startups in India are significantly changing the insurance industry. By using advanced technologies and innovative ideas these companies are making insurance easier to access more affordable and user-friendly for consumers. As the industry grows these startups are not only addressing the changing needs of Indian customers but also helping create a more efficient and transparent insurance system. With their focus on simplifying the insurance process and improving customer experience insurtech startups are set to lead the future of insurance in India.

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