Wednesday, May 22, 2024

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InsuranceDekho launches online mobile app ‘ID Edge’

InsuranceDekho, a popular Insurtech start-up, today launched ID Edge, a mobile app that allows individuals, including insurance partners, to sell insurance via its seller platform.

With this app, the company while leveraging its proprietary technology aims to benefit thousands of insurance partners and potential micro-entrepreneurs associated with it.

Talking about the launch, Ankit Agrawal, Co-founder and CEO, InsuranceDekho, said, “The pandemic has created greater health insurance awareness. The number of health policies fulfilled has doubled every month since March. We have already started seeing a huge interest from rural youth, women and small businessmen who run their set-up at a smaller scale, awaiting to use ID Edge and become financially secure.

ID Edge will optimize performance and improve the operational efficiency of insurance partners and help the company reach a wider audience and help generate employment.

With the app, partners can keep track of their business, leads, fulfill inspections, issue policies, raise service requests and track upcoming renewals.

“The mobile app will further handhold our vision of onboarding 1 lakh insurance partners across the country,” added Ankit.

InsuranceDekho recently received an investment commitment of $20 Million from its parent company GirnarSoft towards strengthening their tech, product and sales teams.

As a part of the expansive plan to onboard insurance partners across the country, the company has already enrolled more than 20,000 partners.

The launch of ID Edge is the second phase of the umbrella strategy. Owing to end-to-end digital processes, zero paperwork or in-person meeting to fulfil policies has helped the company grow in a sector that was impacted by the pandemic.

New initiatives such as a self-inspection module where a customer can himself inspect the car to get the policy issued, ensured zero contact with surveyors visiting their premises and thus reducing avoidable contacts.

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