InsuranceDekho has expanded its agent partner network, adding more than 95,000 new agent partners in the past year. This marks a 92 per cent Year-on-Year (YoY) growth, bringing the total number of agents to 2.2 lakh as of December 2024.
With this expansion, InsuranceDekho now operates across 99 per cent of India’s pin codes, with 86 per cent of its agents based in tier-II and tier-III cities. The company has made inroads into smaller towns like Sikdar (Rajasthan), Krishnanagar (West Bengal), Zunheboto (Nagaland) and Muzaffarnagar (Uttar Pradesh). Additionally, its reach extends to some of India’s most remote regions, including Lahaul-Spiti (Himachal Pradesh) and Serchhip (Mizoram), reinforcing its mission to make insurance accessible nationwide.
Pankaj Goenka, Vice President and Head—B2B2C, InsuranceDekho, highlighted the significance of this expansion, stating, “The remarkable expansion of our agent network reflects our dedication to make insurance accessible to every corner of the country. By reaching 99 per cent of India’s pin codes, we are addressing critical gaps in accessibility and bringing financial protection closer to under-served communities. This milestone is not just about numbers, it represents our commitment to empower individuals and families at the last mile with reliable insurance solutions. The resulting growth in our premium run rate further underscores the impact of our efforts, reinforcing our role as a trusted enabler in the insurance ecosystem.”
By leveraging cutting-edge technology, InsuranceDekho offers a portfolio of over 720 insurance plans from 49 insurers, ensuring a seamless and accessible digital experience for customers.
The company’s financial growth further reflects its success. As of March 2024, the company’s annual premium run rate surged to Rs 3,300 crore, nearly doubling YoY. Looking ahead, the company aims to expand its reach to six lakh villages, reinforcing its role in job creation and financial empowerment in rural India.
This milestone marks not just business expansion, but a transformative step towards bridging the insurance gap and ensuring financial security for millions across India.
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