Mumbai, November 12, 2026: FatakSecure has announced a partnership with Zurich Kotak General Insurance, under which it will serve as a Corporate Agent to distribute Zurich Kotak’s insurance solutions via digital channels.
The collaboration aims to enhance the accessibility and convenience of insurance products for customers by leveraging FatakSecure’s digital platform and Zurich Kotak General Insurance’s underwriting expertise. The partnership forms part of Zurich Kotak’s broader strategy to expand its digital ecosystem and reach customers through innovative distribution channels.
Focus on digital insurance solutions
FatakSecure will distribute Zurich Kotak General Insurance’s affinity and motor insurance products through its platform. Zurich Kotak will provide insurance offerings and support the development of customer-centric solutions. Both companies will also explore opportunities to expand into retail and embedded insurance, seeking synergies to further extend their digital reach.
Statements from company leaders
Bikash Chaudhary, CEO of FatakSecure, said the partnership marks a significant milestone in strengthening insurance offerings and enabling customers to access solutions more easily. Birendra Mohanty, Chief Business Officer, Zurich Kotak General Insurance, stated that the association with FatakSecure reflects the company’s commitment to making insurance more accessible and convenient, supporting the broader agenda of ‘Insurance for All by 2047.’
About the organisations
FatakSecure, a subsidiary of FatakPay Digital, operates as a Composite Corporate Agent and insurtech platform, working with digital NBFCs, fintechs, e-commerce, and gig-economy companies to embed insurance products into customer journeys. FatakPay, based in Mumbai, offers instant loans, insurance, investments, and credit tools through its subsidiaries, including FDPL Finance Pvt. Ltd. and FatakSecure. The company was founded by Ajit Kumar, Abhishek Gandhi, Amit Lodha, and Amit Goyal.
Zurich Kotak General Insurance Company (India) Limited is a 70:30 joint venture between Zurich Insurance Group and Kotak Mahindra Bank. The company adopted its current name in August 2024 after Zurich Insurance Group acquired a 70% stake in Kotak Mahindra General Insurance Company Limited. Established in 2015, Zurich Kotak offers a range of non-life insurance products in retail and commercial segments.
Disclaimer: This article is based on a press release provided by the concerned organisation and has been edited for style and clarity with the assistance of AI tools. BusinessFortnight does not verify, endorse, or take responsibility for the claims, figures, or statements made in the original release.
