Evervent
Evervent is a privately held India-based insurtech company providing an end-to-end digital insurance platform (Insureops, PoS Pro, CRM, Aggregation Platform, Benfit.care, Agent App) for insurance intermediaries, insurers, banks, NBFCs, corporates, and MISP dealers in India and the USA.
- Company typePrivate
- Founded2020
- HeadquartersMohali, India
- Headcount51–100
- GTM typeB2B
- OfferingSoftware
What Evervent does
Evervent (Evervent Pvt Ltd.) is a privately held insurance technology company founded in 2020 and headquartered in Mohali, Punjab, India, with an additional office in Buffalo Grove, Illinois, USA. The company operates with 51-100 employees and provides an end-to-end insurtech platform targeting insurance intermediaries, insurers, banks, NBFCs, corporates, and MISP dealers across both Indian and North American markets.
The platform architecture is built around six proprietary products that cover the full insurance distribution lifecycle: Insureops (a policy lifecycle management and ERP system for insurance operations including underwriting, claims, and policy administration), PoS Pro (paperless POSP agent onboarding with 24/7 instant policy issuance), Customer Relationship Management (sales tool for distributor teams), Insurance Aggregation Platform (B2C customer-facing portal with real-time quotation and policy issuance), Benfit.care (group insurance and employee benefits platform with HRMS integration, automated renewals, and employee self-service), and Agent App (mobile application for independent agents). The platform supports B2B, B2C, PoSP, and enterprise distribution models from a unified system, with API-based integrations and SDKs connecting to insurer and third-party systems. The company claims 3.5K+ integrations, 100+ projects delivered, and 30+ trusted partners.
Evervent's business model centers on subscription- and licensing-based revenue from its insurance technology software and integration services, sold primarily through direct enterprise sales with personalized demo booking as the primary conversion mechanism, supplemented by self-serve platform access for mid-market customers and channel distribution through insurance intermediaries. Pricing is not publicly disclosed. The company is founder-owned, with no disclosed institutional investment, and is led by co-founders Ankit Sachdeva and Sunil Juneja.
Evervent firmographics
Firmographics- Name
- Evervent
- Legal name
- Evervent Pvt Ltd.
- Website
- https://evervent.in
- Company type
- Private
- Founded year
- 2020
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Evervent is a privately held India-based insurtech company providing an end-to-end digital insurance platform (Insureops, PoS Pro, CRM, Aggregation Platform, Benfit.care, Agent App) for insurance intermediaries, insurers, banks, NBFCs, corporates, and MISP dealers in India and the USA.
- Ownership category
- akta.pro rank
Evervent industry classification
Industry- Product category
- Insurance Technology Software
- NAICS
- Computer Systems Design Services (541512), Agencies, Brokerages, and Other Insurance Related Activities (5242)
- SIC
- Services-Computer Integrated Systems Design (7373), Services-Computer Programming, Data Processing, Etc. (7370)
- akta.pro primary industry
- Document, Workflow & Policy Servicing Automation (RPA/No-Code) (FSAGAGAK)
- akta.pro secondary industry
- Embedded Insurance & Affinity Distribution Platforms (FSAGAGAL)
Keywords
Where Evervent is headquartered
LocationHeadquarters
- HQ city
- Mohali
- HQ country
- India
- HQ region
- Asia
Offices2 records
Markets served
Evervent business model
Business model- GTM type
- B2B
- Offering type
- Software
- Cost components
- Technology or R&D, Personnel, Marketing or Sales, Operations, Infrastructure
Revenue model
- Insurance Technology Software: Evervent generates revenue through providing insurance technology software solutions including policy management systems, CRM, POSP tools, aggregation platforms, and employee benefits platforms to insurance distributors, insurers, banks, NBFCs, and enterprises on a subscription or licensing basis.
- Integration Services: API-based integrations with insurers, SDK implementations, and third-party integration services for insurance technology infrastructure.
Go-to-market motion1 record
Distribution channels3 records
Marketing channels7 records
Evervent product offering
Product offeringCore offering
Evervent provides an end-to-end insurance technology platform for insurance distributors, insurers, banks, NBFCs, and corporates. Its suite covers policy lifecycle management (insureops), POSP agent onboarding and instant policy issuance (PoS pro), B2C insurance aggregation, employee benefits management (Benfit.care), CRM, and a mobile agent app, supported by API/SDK integrations with insurer systems.
Product overview
Evervent is an end-to-end insurance technology platform providing a comprehensive suite of digital solutions for insurance distribution. The platform architecture includes core products: insureops (policy lifecycle management and ERP system), PoS pro (POSP onboarding and policy issuance), the Insurance aggregation platform (B2C customer-facing portal), and Benfit.care (employee benefits management). Supporting modules include Customer relationship management (CRM) and Agent app. The platform supports B2B, B2C, PoSP, and enterprise distribution models from a unified system, serving intermediaries, insurers, banks, NBFCs, and corporations with API-based integrations and SDK utilization.
Differentiator
Problem solved
Functional benefit
Brands
- insureops: Policy lifecycle management and enterprise resource planning system built for insurance operations.
- PoS pro
- Customer relationship management
- Insurance aggregation platform & application
- Benfit.care
- Agent app
Products and services
- Insureops Policy lifecycle management and enterprise resource planning (ERP) system built for insurance operations, including underwriting, claims, and policy administration, for insurance intermediaries and insurers.
- PoS pro Compliant paperless onboarding of agents, 24/7 instant policy issuance, CRM, and integration with distributor management system for Point of Sales Person (PoSP) agents and networks.
- Customer Relationship Management (CRM) Interactive sales tool that enables insurance sales teams to sell and manage their business operations, integrated with the broader Evervent platform.
- Insurance Aggregation Platform & Application Customer-facing B2C aggregation platform with real-time quotation system, buying journeys, and policy issuance capabilities for end customers.
- Benfit.care Group insurance tri-platform offering automated renewal management and CD balance management for brokers, HRMS integration for employers, reporting and analytics, employee self-service portal, risk profiling, and policy wallets for employees.
- Agent App Mobile application for independent agents to manage leads, generate quotes with a simplified workflow, and handle proposals and payments.
Quantifiable outcome
- 3.5K+ integrations completed
- +3 more outcomes
Companies that use Evervent
Customer profileSegments6 records
Ideal customer profiles5 records
Evervent technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- Yes
- API docs
- API detail
Core technology
AI maturity
App detail
Feature6 records
Evervent partnerships and signals
Strategic signalScale indicators5 records
Recent moves5 records
Expansion highlights6 records
Evervent competitors and assessment
Company assessmentDirect peers
- PolicyBazaar (PB Fintech): India's largest insurance aggregator and comparison platform. Directly competes with Evervent's Insurance Aggregation Platform on B2C insurance distribution and policy issuance across life, health, and motor lines.
- Coverfox: Indian insurance web aggregator offering real-time quotation, comparison, and policy issuance. Overlaps directly with Evervent's B2C aggregation platform in product offering and target customer.
- Turtlemint: Indian insurtech focused on POSP network enablement and point-of-sale agent management. Directly comparable to Evervent's PoS Pro product for compliant paperless onboarding and instant policy issuance.
- InsuranceDekho: Indian insurance aggregator and POSP-led distribution platform. Competes with Evervent's B2C aggregation and POSP onboarding products across life, health, and motor insurance lines.
- RenewBuy: Indian insurance distribution and renewal platform with strong POSP and agent network focus. Comparable to Evervent's policy issuance, agent enablement, and aggregation capabilities.
Broad incumbents
- Acko General Insurance: India's leading digital-first insurer with proprietary technology for policy issuance, claims, and distribution. Operates as both insurer and tech platform, overlapping with Evervent's insureops and distribution capabilities.
- Mphasis Insurance Platform: Large IT services firm offering insurance-specific digital platforms for policy admin, underwriting, and claims. Competes with Evervent's insureops at the enterprise insurer tier with broader IT services bundling.
Emerging players
- Onsurity: Indian employee benefits and group health insurance platform for SMEs. Competes with Evervent's Benfit.care product on HRMS-integrated group insurance distribution and employee self-service.
- Plum: Indian employee health benefits platform integrated with HRMS, offering group insurance and wellness products. Directly comparable to Benfit.care's employer/employee benefits value proposition.
- Toffee Insurance: India-based embedded insurance API platform enabling distribution partners to offer contextual insurance. Overlaps with Evervent's integration kits/SDKs and embedded distribution offering for banks and digital platforms.
Market position
Strengths5 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Evervent social profiles
Digital presenceEvervent financial estimates
Financial estimateRevenue estimate
Valuation estimate
Evervent leadership team
Management profileNumber of profiles
Profiles2 records
Evervent funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Evervent M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Evervent
What does Evervent do?
Evervent provides an end-to-end insurance technology platform for insurance distributors, insurers, banks, NBFCs, and corporates. Its suite covers policy lifecycle management (insureops), POSP agent onboarding and instant policy issuance (PoS pro), B2C insurance aggregation, employee benefits management (Benfit.care), CRM, and a mobile agent app, supported by API/SDK integrations with insurer systems.
Is Evervent a public or private company?
Evervent is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was Evervent founded?
Evervent was founded in 2020. It employs 51 to 100 people.
Where is Evervent based?
Evervent is headquartered in Mohali, India, in the Asia region.
How does Evervent make money?
Two revenue lines are on record. Insurance Technology Software is the primary driver. The others are integration Services.
Who are Evervent's main competitors?
Direct peers on record are PolicyBazaar (PB Fintech), Coverfox, Turtlemint, InsuranceDekho and RenewBuy. Broad incumbents are Acko General Insurance and Mphasis Insurance Platform. Emerging players are Onsurity, Plum and Toffee Insurance.
Does Evervent have an API?
Yes. Evervent provides API-based integrations with insurers, SDK utilizations, and third-party services. The platform supports B2B, B2C, PoSP, and enterprise distribution through a unified system with API connectivity.
What industry is Evervent in?
Evervent's product category is Insurance Technology Software. Its primary akta.pro industry code is FSAGAGAK, Document, Workflow & Policy Servicing Automation (RPA/No-Code), with a secondary code of FSAGAGAL, Embedded Insurance & Affinity Distribution Platforms. Its NAICS code is 541512 and its SIC code is 7373.