Digit

What Digit does

Go Digit General Insurance Limited is a Bengaluru-headquartered, publicly listed Indian general insurance company founded in 2016 and majority-owned by Fairfax Financial Holdings (approximately 72.2% promoter stake post-IPO). It operates as a digital-first insurer distributing motor, health, travel, property, business, and life insurance products across India, serving over 70 million customers (7 Crore+) through its website, mobile app, an 80,000+ POSP and agent network, corporate brokers, and web aggregators. The company is licensed by IRDAI (Reg. No. 158), carries a CRISIL AA- corporate credit rating, and reported FY26 Gross Written Premium of Rs 11,294 crore (+9.8% YoY) with net profit of Rs 544 crore (+28% YoY), holding a 2.42x solvency ratio.

The company's core technology stack combines AI-assisted underwriting, automation-driven claims processing, smartphone-enabled self-inspection for motor claims, WhatsApp self-service for 4.7 lakh+ users, and proprietary parametric insurance products triggered by objective climate and environmental data (heat, AQI, and moisture indices). It integrates with India's public digital infrastructure including ABHA (Ayushman Bharat Health Account), CKYC, DigiLocker, and VAHAN. Operational metrics include 82.9% of health cashless approvals cleared within 30 minutes (average 21.38 minutes, ahead of IRDAI's one-hour benchmark), a 95% first-time resolution rate, a 97.2% claims settlement ratio, and only 339 Ombudsman complaints against 11.16 lakh claims processed.

Revenue is generated primarily through gross written premiums across motor (the dominant segment at Rs 2,736 crore in Q4 FY26), health, travel, property, and emerging parametric and pet insurance lines, with FY26 sales of Rs 8,414 crore. The multi-channel distribution model combines PLG/digital direct sales through godigit.com and the Digit app (rated 4.8 on Google Play) with embedded B2B partnerships and a marquee enterprise win (Infosys group insurance covering 3.2 lakh employees, replacing National Insurance). The company completed its IPO in April 2026 at a $3-3.2 billion valuation and is pursuing a board-approved merger with its holding company Go Digit Infoworks Services to simplify its corporate structure.

Name

Digit

Legal name

Go Digit General Insurance Limited

Website

https://godigit.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Go Digit General Insurance is a publicly listed Indian digital-first insurer offering motor, health, travel, property, and life insurance through its app, website, and 80,000+ POSP network, serving 70M+ customers with AI-driven claims automation and parametric climate products.

Ownership category

akta.pro rank

Product category

General Insurance

NAICS

Direct Property and Casualty Insurance Carriers (524126), Direct Health and Medical Insurance Carriers (524114), Direct Life Insurance Carriers (524113)

SIC

Accident & Health Insurance (6321), Insurance Agents, Brokers & Service (6411)

akta.pro primary industry

Personal Auto Insurance (FSAJAMAA)

akta.pro secondary industries

Individual Supplemental Health (Hospital Indemnity, Critical Illness, Accident) (FSAIAEAD), Personal Accident Insurance (Injury, Disability & Income Benefit) (FSAJAJAD), Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)

Keywords

• General insurance services
• Digital insurance platform
• Motor insurance products
• Health insurance policies
• Life insurance plans

Headquarters

HQ city

Bengaluru

HQ country

India

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Marketing or Sales, Personnel, Technology or R&D, Operations, Infrastructure, Others

Revenue model

1. Gross Written Premium - Motor Insurance: Motor insurance (car, two-wheeler, commercial vehicles) is the largest revenue segment, growing 6.2% to Rs 2,736 crore in Q4 FY26 and representing the dominant share of total GWP of Rs 11,294 crore in FY26.
2. Gross Written Premium - Health Insurance: Health insurance contributed Rs 384 crore in Q4 FY26 (down from Rs 437 crore in prior year), with overall health segment representing a significant portion of total premiums.
3. Travel Insurance: International travel insurance products starting at Rs 225, including single-trip and multi-trip options, with coverage up to $1 million sum insured.
4. Property Insurance: Home insurance, shop insurance, fire insurance, burglary insurance, and other property coverage products offered through digital platform.
5. Business Insurance: Commercial products including Workmen Compensation, Contractors All Risk, Plant & Machinery, Marine Cargo, D&O Liability, Erection All Risk, and Professional Indemnity insurance.
6. Life Insurance: Term life insurance (Digit Glow, Glow Plus, Glow Lite), savings plans, retirement/pension plans, and group life products offered through Digit Life subsidiary.
7. Parametric Insurance Products: Heat-index, AQI-based, and moisture-index parametric insurance products targeting informal workers, construction laborers, and farmers with automatic payout triggers.

Pricing tiers

Go-to-market motion3 records

Distribution channels5 records

Marketing channels8 records

Core offering

Go Digit General Insurance Limited (Digit Insurance) is a digital-first Indian general insurance company selling motor, health, travel, home/property, and commercial/business insurance through its website and mobile app, with term life and savings plans offered through its Digit Life subsidiary. Distribution combines self-service digital channels with an 80,000+ POSP and agent partner network, plus a dedicated enterprise sales motion for group insurance accounts, and includes innovative parametric insurance products for climate-vulnerable populations.

Product overview

Go Digit General Insurance (Digit Insurance) operates as a digital-first insurtech company offering a comprehensive portfolio of insurance products through both mobile app and web platforms. The company provides motor insurance (car, two-wheeler, commercial vehicle), health insurance with 0% GST on premiums, travel insurance, home/property insurance, business insurance, and life insurance products. The core offerings are organized under two main divisions: Digit General Insurance (general insurance products) and Digit Life Insurance (life insurance products including term life, savings plans, and retirement plans). The digital-first strategy emphasizes paperless processes, technology-led claims automation (82.9% of cashless approvals within 30 minutes), and app-based self-service including WhatsApp support for 4.7 lakh+ customers. Notable innovative products include Pay as You Drive car insurance, EV Shield add-on for electric vehicles, AQI-based parametric insurance for construction workers, and moisture index-based parametric insurance for farmers. The company serves over 7 crore (70 million) customers across India.

Differentiator

Problem solved

Functional benefit

Brands

• Digit Life: Life insurance products including term life, savings plans, retirement and pension plans, and group life products.
• Digit Glow Term Life Insurance
• Digit ICON Guaranteed Returns Savings Plan

Products and services

• Car Insurance

Quantifiable outcome

• 82.9% of health insurance cashless approvals processed within 30 minutes (average 21.38 minutes) vs IRDAI's one-hour benchmark
• +8 more outcomes

Named customers5 records

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration7 records

AI capability7 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered minor and core.

• Anvayaa Kin CareminorStrategic or Co-development Partner · 18 February 2026Go Digit General Insurance partnered with eldercare services provider Anvayaa Kin Care in February 2026 to integrate structured senior-care support into wellness benefits for policyholders. The offering includes a Rs 499 package with 24x7 medical emergency assistance, annual geriatric specialist consultations, virtual health check-ins, and preferential rates on companion visits, physiotherapy, and nurse-on-call services.
• Howden Insurance IndiacoreStrategic or Co-development Partner · 29 January 2026Go Digit General Insurance partnered with Howden Insurance India to launch moisture index-based parametric insurance covering over 6,000 farmers across Rajasthan and Uttar Pradesh across approximately 2,200 acres of farmland. The partnership disbursed payouts to around 500 farmers in Rajasthan, marking India's first insurance claim paid through a parametric product designed for agriculture.
• Global Parametrics / Frontier MarketsminorStrategic or Co-development Partner · 14 January 2026Global Parametrics (part of CelsiusPro Group) partnered with Frontier Markets and Go Digit General Insurance to launch a gender-smart parametric insurance product for smallholder women farmers in Rajasthan and Uttar Pradesh, covering excess moisture and drought risks during Rabi season 2025-26. Go Digit serves as the local insurer with Howden India structuring the offering, supported by UK government's FCDO and Germany's KfW funding.
• Mr. Giridhar AramaneminorOthers · 29 October 2025Go Digit General Insurance appointed Mr. Giridhar Aramane as Non-Executive Independent Director effective November 1, 2025.
• Mr. Michael WallaceminorOthers · 29 October 2025Go Digit General Insurance appointed Mr. Michael Wallace as Non-Executive Director effective November 1, 2025.
• KMDminorStrategic or Co-development Partner · 25 February 2025Go Digit partnered with KMD to launch India's first AQI-based parametric insurance for Delhi-NCR construction workers, automatically paying out when air quality thresholds are breached to provide financial protection against pollution-related health risks.
• Jan SahasminorStrategic or Co-development PartnerJan Sahas, in partnership with Go Digit General Insurance and Godrej Properties' CSR arm, enrolled 3,925 informal workers across Delhi-NCR in a parametric heat-insurance scheme that automatically pays out when temperatures cross predetermined thresholds.
• Godrej Properties CSRminorStrategic or Co-development PartnerGodrej Properties' CSR arm partnered with Jan Sahas and Go Digit General Insurance to fund and support the parametric heat-insurance scheme for informal workers in Delhi-NCR.

Scale indicators20 records

Recent moves8 records

Expansion highlights6 records

Direct peers

• Acko General Insurance: India's leading digital-first general insurer, founded in 2016 and backed by Amazon, Accel, and Munich Re. Directly competes with Digit in digital motor, health, and embedded insurance distribution in India.
• ICICI Lombard General Insurance: One of India's largest private-sector general insurers with similar product breadth across motor, health, and commercial lines. Competes directly with Digit in retail motor and health, with much larger scale.
• HDFC ERGO General Insurance: Major Indian general insurer offering motor, health, and commercial insurance. Competes with Digit across all major retail lines and increasingly in digital distribution.
• Bajaj Allianz General Insurance: Top-five Indian private general insurer with strong motor franchise. Overlaps significantly with Digit in retail motor and health insurance segments.
• Tata AIG General Insurance: Major Indian private general insurer with full motor, health, and commercial line offerings. Competes directly with Digit in retail and group insurance.
• SBI General Insurance: Government-affiliated large Indian general insurer. Comparable in product breadth and increasingly in digital channels; competes with Digit for both retail and enterprise customers.
• Reliance General Insurance: Large Indian private general insurer with similar product mix across motor, health, and commercial lines. Competes with Digit particularly in retail and SME segments.

Broad incumbents

• Policybazaar (PB Fintech): India's largest insurance aggregator and comparison platform, publicly listed. Comparable as a digital-first insurance distribution player, though it operates as an intermediary rather than a carrier.
• New India Assurance: India's largest state-owned general insurer with dominant market share (~15%+). Competes with Digit across all lines and is the legacy incumbent whose contracts (e.g., Infosys) Digit has won.

Emerging players

• Lemonade: US digital-native insurtech using AI and behavioral economics for underwriting and claims. Comparable to Digit as a global digital-first insurance model, though operating in different geographies and regulatory regimes.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• Xx.com/heydigit
• YouTubeyoutube.com/c/DigitInsurance
• Facebookfacebook.com/digitgeneralinsurance
• LinkedInlinkedin.com/company/godigit
• Instagraminstagram.com/digitinsurance

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles15 records

Subsidiaries1 record

Funding overview

Funding rounds12 records

Investors14 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Digit