Digit Insurance named General Insurance Company of the Year at 24th Asia Insurance Industry Awards 2020

• The youngest company to win this award in two consecutive years within 3 years of operation
• Asia Insurance Industry Awards are one of the most prestigious awards in the insurance industry running from the last 23 years
• The nominations were judged by 38 CEOs or founders of insurance companies, broking firms and financial institutions across Asia

Bengaluru, 3rd November 2020: Digit Insurance, one of the fastest-growing general insurance company on a mission to make insurance simple in India, has been named the “General Insurance Company of the Year” at the prestigious Asia Insurance Industry Awards held virtually on 2^nd November 2020. Digit Insurance won this award for its efforts in making insurance simple in India through product and process innovations.

Just 3 years into operations, Digit Insurance has won the award for the second consecutive year. The Asia Insurance Industry Awards this year had around 48 insurers, brokers, risk managers, service providers and industry leaders making it to the list of finalists. 

Mr Vivek Chaturvedi, Chief Marketing Officer, Digit Insurance, said, “We are once again honoured and delighted to receive this prestigious award title of being the General Insurance Company of the Year. At Digit, our constant endeavour is to deliver the best customer experience with products that really matter to our customers. And this recognition for two consecutive years is a validation that we are on the right path of simplicity!”

On a mission to make insurance simple, Digit Insurance recorded a growth in premiums of 87% in FY19-20 over the previous financial year. It has earned the trust of over 1.4 crore customers and 1.34% overall Market Share, as on 30^th September 2020, all this in less than 3 years of operation. Digit is the highest rated insurance company on Facebook with a 4.9 rating out of 5 with over 10000 reviews and has Net Promoter Scores of 71% for claims and 76% for non-claims.

About Digit:

Go Digit General Insurance Limited is a new-age general insurance company started by Kamesh Goyal and backed by the Fairfax Group, one of the largest financial services groups in the world. The company has raised three rounds of funding amounting to $140 million from Canadian billionaire Prem Watsa’s Fairfax Financial Holdings and $84 million from three growth equity investors— A91 Partners, Faering Capital and TVS Capital. This combined investment has brought its total funding to $224 million.

Headquartered in Bengaluru, Go Digit General Insurance Limited has partnered with some of the leading companies like Cleartrip, Sterling Holidays, SOTC and Policy Bazaar. It has been named as ‘Insurance Start-up of the Year – India’ at the Insurance Asia Awards 2020 and ‘General Insurance Company of the Year 2019’ award at Asia Insurance Review Awards 2019, Singapore. During the ongoing pandemic, it has been able to service several commercial and industrial establishments and secure its employees and customers through relevant health insurance solutions. It has also featured in the Top 25 Indian Start-ups Lists by Linkedin in 2018 and 2019 and was in CB Insights’ top 250 fastest growing fintech companies globally list in 2018. For more information, please write to