Go Digit General Insurance Limited, established in 2016 and headquartered in Pune, Maharashtra, is a leading digital insurance company in India. The company offers a wide range of non-life insurance products, including motor, health, travel, property, marine, and liability insurance. Digit leverages cutting-edge technology, such as artificial intelligence and machine learning, to enhance product design, distribution, and customer experience, emphasizing a modular product architecture and cloud-based operations. It also integrates APIs with channel partners for seamless operations.
The company was a pioneer in offering customizable insurance for flight delays and COVID-19 hospitalization costs. As of March 31, 2022, it had 56 active products, including innovative mobile insurance offerings. Go Digit plans to further expand by raising Rs 1250 crore through a public issue, which includes a fresh equity share issue and an offer for sale, positioning itself for continued growth in the digital insurance sector.
