Go Digit General Insurance, commonly known as Digit Insurance, is a prominent digital-first general insurance company in India. Here’s a brief overview:
Company Profile
Founded: 2016
Headquarters: Bengaluru, Karnataka
Founder: Kamesh Goyal (ex-Allianz executive)
Backed by: Fairfax Financial Holdings (Canada-based)
Key Features
Digital-First Approach: Entire process—from policy purchase to claims—is paperless and mobile-friendly.
Customer-Centric: Known for simple policy documents, easy claim filing via smartphone, and 24/7 customer support.
Innovative Products: Offers customized, usage-based, and affordable policies.
Insurance Products
Motor Insurance: Car, bike, commercial vehicle insurance (with popular add-ons like zero depreciation, engine protection).
Health Insurance: Flexible sum insured, consumables cover, no room rent capping.
Travel Insurance: International/domestic coverage, COVID-19 included.
Home Insurance
Mobile & Gadget Insurance
Shop Insurance
Cyber Insurance (for individuals and SMEs)
Growth & Recognition
Digit became a unicorn (valuation > $1 billion) in 2021.
One of the first Indian insurtechs to go public – listed on the NSE & BSE in 2024.
Consistently rated for high claim settlement ratios and customer satisfaction.
Why It's Popular:
Transparent, jargon-free policies
Fast claim settlements (video-based inspections)
Ideal for tech-savvy, urban millennials