Digit Insurance

Digit Insurance

Insurance

Bengaluru, Karnataka 145,793 followers

Digit Insurance is one of India's leading digital full stack insurance companies. On a mission to make insurance simple.

About us

Digit Insurance is one of India's leading digital full stack insurance companies. On a mission to make insurance simple. Great Place to Work Certified 😎 Please note that Digit General Insurance will NEVER ask for ANY money during the recruitment process. Please do not share any financial information, or make any payments to anyone posing as a representative of Digit Insurance. If you come across any fishy communication, please reach out to us.

Website
https://bit.ly/31YRYRH
Industry
Insurance
Company size
1,001-5,000 employees
Headquarters
Bengaluru, Karnataka
Type
Privately Held
Founded
2016
Specialties
Insurance, InsurTech, Startup, and Fintech

Locations

  • Primary

    Digit Insurance, Atlantis, 95, 4th B Cross Road

    Koramangala Industrial Layout, 5th Block

    Bengaluru, Karnataka 560095, IN

    Get directions

Employees at Digit Insurance

Updates

  • View organization page for Digit Insurance, graphic

    145,793 followers

    Ever wondered why we ended up on a phrase 'THAT'S IT?' for our latest campaign? 🤔   Remember that time when you picked up a beautiful pair of shoe and the price was lower than what you'd expected? 🤌🏻   Remember that time when you thought reaching Bengaluru International Airport would take 3 hours but since it was the morning and you reached within an hour? 🤪   Remember the time you ordered pizza and instead of it coming within 30 minutes, it arrived in 21? 😌   One common feeling across all these instances was a phrase that we blurted out naturally.  And that was 'THAT'S IT?' And that's precisely what we want you to feel every time you come to Digit for a claim (we hope nothing sketchy ever happens to you ❤️)   Well, you thought this caption was tooooo long. But it ended in 4 lines. That's It? 🥰

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  • View organization page for Digit Insurance, graphic

    145,793 followers

    Imagine waking up to a ₹5.5 lakh mess! 😳 A herd of elephants turned a quiet night into an unforgettable one by ‘redecorating’ a customer’s bungalow in Jalpaiguri. From crushed tea crops to damaged quarters, these pranksters left quite the mark. But with Digit Insurance, no mess is too big to clean up. We’ve got you covered, even when the wildest guests show up! 🐘💸 #DigitInsurance #ElephantChronicles #StayCovered

  • View organization page for Digit Insurance, graphic

    145,793 followers

    Time Travels & Triumphs: Digit Insurance's Bi-Annual Transparency Report! 🌟 We're back with our bi-annual transparency report, where we take you through our journey of the last six months—sharing our wins, lessons, and everything in between. This time, we've navigated the 'Time Vortex in the Insurance Realm,' and we're thrilled to bring you the highlights! This past year has been nothing short of exciting for us at Digit. We're so grateful to have so many of you choosing us, and it clearly shows in our numbers. 🚀 At Digit, we’ve seen some unique claims across India, and we’re proud to deliver on our promises. Here’s how we covered the year: - Coconut-Related Damages: Digit paid ₹16.8 million in claims for over 1,500+ incidents, with Maharashtra leading the way in 350+ vehicle-related cases in 2023 alone. Avg. payout per claim? ₹10,000. 🥥 - Monkey Business: Over 1,000 two-wheeler claims settled due to monkey damage since inception, with ₹3.5 million paid to date. 🐒 - Elephant Trouble: 9 motor claims in FY24 were settled due to elephants. 🐘 - Dogs on the Move: Dogs caused 7% of animal-related claims, amounting to ₹300 million in payouts. Indira Nagar in Lucknow saw the highest vehicle damage incidents, with ₹0.67 million paid for 110 claims in this area. 🐕 - Unusual Claims: Our highest accidental damage claim was ₹0.67 million, settled for a luxury bike after an accident with a goat. 🏍️🐐 At Digit, no claim is too big or too small—we’ve got you covered in every twist and turn! Transparency report: https://lnkd.in/gyiMJiGY #DigitInsurance #TransparencyReport #TimeVortex #SimplyingInsurance

  • View organization page for Digit Insurance, graphic

    145,793 followers

    Did you know, malnutrition affects nearly 1 in 3 people globally, contributing to both undernutrition and obesity? 🌎   #NationalNutritionWeek is celebrated every year from September 1st to 7th to remind us to make smarter food choices and maintain healthy habits. It’s all about staying balanced—not just for your health but for everyone around you! 🌸 Btw did you know you can get access to a range of health & wellness benefits as a Digit customer on the Digit app? Download now <https://lnkd.in/dy6_5TnJ> Now, here is a quick question for y'all ⬇

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  • View organization page for Digit Insurance, graphic

    145,793 followers

    Time Travels & Triumphs: Digit Insurance's Bi-Annual Transparency Report! 🌟 We're back with our bi-annual transparency report, where we take you through our journey of the last six months—sharing our wins, lessons, and everything in between. This time, we've navigated the 'Time Vortex in the Insurance Realm,' and we're thrilled to bring you the highlights! This past year has been nothing short of exciting for us at Digit. We're so grateful to have so many of you choosing us, and it clearly shows in our numbers. 🚀 India's rising natural calamities are causing significant property damage—from floods and storms to cyclones. At Digit, we're committed to helping you rebuild faster. Here's how we've been delivering on our promise: - Reimbursement Claims Settlement: Average TAT of 3.15 days in FY 23-24, with the fastest reimbursement processed in just 12.59 hours. ⏱️ - Hospital Discharge Approval: Average TAT of 54 minutes, with the quickest discharge authorized in 5.2 minutes. 🏥 - Motor Insurance Work Approval: Average TAT for work approval was 15.4 hours, with the fastest approval done in 5 minutes. 🚗 - Motor Claims Closure: Fastest four-wheeler claim settled in 20 days; fastest two-wheeler claim settled in 31 days. 🔧 At Digit, your time matters, and we’re here to make every minute count! Transparency report: https://lnkd.in/gyiMJiGY #DigitInsurance #TransparencyReport #TimeVortex #SimplyingInsurance

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Funding

Digit Insurance 9 total rounds

Last Round

Series unknown

US$ 54.9M

See more info on crunchbase