Tag: Insurance Regulatory and Development Authority of India

Pandemic Insurance, a step up in employee insurance

The ongoing coronavirus pandemic has claimed more than 1,000 lives of people from all walks of life in India. The virus has become a major health crisis in the country with the Central government imposing nationwide lockdown to contain the virus. In times like these, the government has asked insurance companies to not reject any…

Digit Insurance to raise $84mn in external equity funding

Insur-tech startup Digit Insurance recently announced that it will raise $84mn in external funding. The investment will be made by growth equity investors A91 Partners, Faering Capital and TVS Capital. Digit has sought approval from the Insurance Regulatory and Development Authority of India to raise the sum. This is the first time the Bangalore-based startup…