Go Digit General Insurance Limited stands as one of India's leading digital full-stack insurance companies, trading on NSE and BSE under the symbol GODIGIT. The company was listed on 23 May, 2024 and has rapidly established itself as a technology-driven insurer transforming the traditional insurance landscape in India.
Go Digit General Insurance is a digital full stack insurance company which designs products, distributes and provides customer experience for non-life insurance products. The company operates with a mission to make insurance simple for people, leveraging advanced technology to enhance every aspect of the insurance value chain from product design to customer service.
The company's comprehensive product portfolio includes motor insurance, health insurance, travel insurance, property insurance, marine insurance, and liability insurance. Maximum revenue is generated from its Motor insurance products, making it a key driver of the company's financial performance. As at December 31, 2023, the company had 43.26 million customers or people who have availed the insurance benefits under various policies issued by the company since the inception of its insurance operations in 2017. Of this, 27.74 million customers pertained to motor insurance products, 14.97 million customers for health insurance products (including personal accident & travel) and 0.55 million customers for other insurance products.
Go Digit's competitive advantage lies in its digital-first approach and technology integration. The company has developed predictive underwriting models that leverage the insights gathered by its data bank. These models help it determine and target the markets and customers that are expected to be more profitable and hence, allows it to accurately price its coverage. The company's paperless processes and mobile-first approach have simplified insurance purchase and claims processes significantly.
Go Digit has demonstrated strong financial growth across key metrics. For the full year, net profit rose 133.89% to Rs 424.94 crore in the year ended March 2025 as against Rs 181.68 crore during the previous year ended March 2024. Sales rose 13.38% to Rs 8045.96 crore in the year ended March 2025 as against Rs 7096.40 crore during the previous year ended March 2024.
- Revenue: ₹8,045.96 crore (13.38% YoY growth)
- Net Profit: ₹424.94 crore (133.89% YoY growth)
- Gross Written Premium (Q3 FY25): ₹2,676.8 crore (10.24% YoY growth)
- Assets Under Management (Dec 2024): ₹18,939 crore vs ₹14,909 crore (Dec 2023)
Premium Retention Ratio for Q3 FY25 is 83.8%, as compared to 87.8% in Q3 FY24, while the combined ratio for Q3 FY25 is 108.1%, as compared to 110.3% in Q3 FY24.
Go Digit General Insurance's market capitalisation stands at ₹31,428.22 crore as of July 2025. Promoter holding in Go Digit General Insurance Ltd has gone down to 73.12 per cent as of Mar 2025 from 73.58 per cent as of Jun 2024, indicating some strategic shareholding changes while maintaining strong promoter confidence.
Go Digit General Insurance was founded in 2016 and is headquartered in Bengaluru, India. Backed by a financial holding company of Toronto, Canada - Fairfax, the company led its foundation stone in the year 2016 in Bengaluru, India. The company has grown to employ 3,957 total employees and serves customers across India through its digital platform.
The company has been actively expanding its product offerings and market reach. Go Digit is part of major market indices including BSE 500, Nifty 500, BSE MidCap, Nifty Smallcap 100, BSE Allcap, BSE Financial Services, and others, reflecting its growing importance in the Indian financial services sector.
Go Digit's focus on digital transformation, customer-centric approach, and strong financial performance positions it well in India's rapidly growing insurance market. The company's technology-driven model and expanding customer base make it a significant player in the digital insurance space, appealing to investors seeking exposure to India's fintech and insurance sectors.
