Visitors to the web site can now evaluate merchandise by a spread of travel insurance suppliers, together with HDFC Ergo, Reliance General, Care Travel Insurance (previously Religare), ICICI Lombard and Bajaj Allianz. InsuranceDekho is anticipated so as to add extra insurers to the platform as soon as it has finalised agreements with them.
“In the post-Covid era, Indians are travelling again, with international travel growing at 76 per cent year-on-year – which has widened the market for insurance providers,” stated Ankit Agrawal, Co-Founder and CEO of InsuranceDekho. “There is excessive digital adoption for travel insurance as at present greater than 33 per cent Indian worldwide travellers purchase insurance instantly from the insurance firm’s web sites, which makes this a lovely section for innovation and disruption. We are constructing InsuranceDekho as a one-stop store for all insurance options and diversified funding choices; that is one essential step in that route.”
The web site additionally provides comparisons between a spread of different insurance sorts, together with well being and life, automobile and bike, funding, pet and time period insurance.
The common insurance trade in India is projected to develop at a compound annual development price (CAGR) of 9.9 per cent from ₹2,172.03 billion ($29.39 billion) in 2021 to ₹3,484.35 billion ($41.78 billion) in 2026, in line with GlobalData.
