Wednesday, 4 September 2019

LinkedIn hails Digit Insurance as one of the Top Startups in India in 2019


  • This is the second consecutive year Digit has been featured in the list.
  • Digit’s unique strategy to simplify insurance evokes interest not only among its external stakeholders but also its employees and job seekers
Bengaluru, 04 September 2019Digit Insurance, one of the fastest-growing insurtech company in the world, has today been featured in LinkedIn’s Top Startups List in India. The company has been using simplicity as its biggest differentiator and technology as an enabler to achieve its mission. In last one year, Digit has reached 3 mn customers with Rs 1200 Cr of premium. Digit has also gained a market share of 2% in motor category in India in Quarter 1 ’19 , with a remarkable 72% Net Promoter Score (NPS). Digit Insurance’s unique strategy to transform the traditional insurance market with simplicity has attracted 1000+ employees across India.
Kamesh Goyal, Founder and Chairman, Digit insurance, said, “Digit Insurance featuring for the second consecutive year on ‘LinkedIn’s Top 25 Startups list is a testimony to our vision and mission and the way we plan to change the insurance industry. We take pride in the culture of a paperless & transparent environment that we have built. We are only in our second year of operations, and this achievement attests to our goodwill in the market.”
The ranking of the most wanted start-ups’ is determined by more than 50 million professionals on LinkedIn in India. Each start-up is measured based on four criteria – employment growth, engagement, job interest and attraction of top talent. Digit has been featured on the list for the second consecutive year.
About Digit Insurance:
Digit is one of the ‘Fastest Growing Insurance Companies in the World’. It was started by Kamesh Goyal and backed by the Fairfax Group, one of the world’s largest financial services groups. The company has raised two rounds of funding amounting to $140 million from Canadian billionaire Prem Watsa’s Fairfax group. Headquartered in Bengaluru, Digit has successfully partnered with some of the leading companies, such as Cleartrip, Sterling Holidays, SOTC & Policy Bazaar. Digit Insurance has been ranked among the most attractive start-ups in India by Linkedin in 2018 & 2019. Digit is featured in CB Insights’ top 250 fastest-growing fintech companies globally.

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