The company has obtained license for insurance broking business from Insurance Regulatory and Development Authority India ,IRDAI) through its wholly owned subsidiary – Samavesh Insurance Brokers Private Limited, enabling it to offer all types of insurance products to all insurance companies.
through inclusion, Nivesh Will reach more than 3000 pin codes and partners in around 200 pin codes. Nivesh has also appointed Hira Jaiswal, a former LIC, as its Principal Officer and has worked with him. united india Insurance for 30 years. The platform will enable customers to select the right insurance plan after comparing quotes from multiple insurance companies, the company said in a statement.
“Indians have very little insurance coverage right now, which leads to the destruction of significant money for businesses/households whenever a disaster strikes. Getting the right insurance coverage is an integral part of any money journey, and we aim to solve this problem with inclusion,” said Anurag Garg, Founder & CEO, investment.com, said.
The insurance platform will cater to both urban and rural customers and will be a pan-India initiative, offering all types of insurance products in the market.
“In the last decade, the life insurance sector has changed significantly. It has become increasingly important for insurers to offer more products to suit the modern needs of their customers. As a digital-first platform, Invest Financial in India Addresses the problem of low accessibility of products.With the introduction of Inclusion, the company has adopted a unique techno-human approach that enables customers to choose from a plethora of options and get the right insurance plan that suits their financial goals. aligns with,” said Padmaja Ruparel, Founding Partner IAN Fund said.
The investment earlier this year raised $1.6 million in funding in a pre-Series A round led by IAN Fund.