Fairfax plans to enter global markets
Bengaluru, May 8 (UNI) Digit Insurance -- a new-age general insurance company today announced that it has reached 2.8 million customers and closed 35,000 claims with Rs 1200 crore premium in the last financial year.
The company has been using simplicity as its biggest differentiator and technology as an enabler to achieve its milestones.
Digit Insurance crossed 1200 crores of premium in the last one year with a remarkable 72 per cent Net Promoter Score (NPS). The company has also gained a market share of 2% in motor category in the Q4 FY18-19, a company release said here on Wednesday.
In his recent visit to Digit Insurance’s headquarters in Bengaluru, India, Mr. Prem Watsa, Chief Executive of Fairfax Financial and Digit Insurance’s promoter, said, “Digit Insurance’s growth last year has been phenomenal. And I attribute this to their relevant and unique Mission to Make Insurance Simple. They have been working on simplifying processes, customizing products and getting more transparency in the system.”
Kamesh Goyal, Founder and Chairman, Digit Insurance said, “To make something simple, you need to be honest with your partners and customers. Which is why we have recently released a Transparency Report 2.0 that has our service performance numbers.
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