This article showcases our top picks for the best Mumbai based Insurance companies. These startups and companies are taking a variety of approaches to innovating the Insurance industry, but are all exceptional companies well worth a follow.
We tried to pick companies across the size spectrum from cutting edge startups to established brands.
We selected these startups and companies for exceptional performance in one of these categories:
- Innovation
- Innovative ideas
- Innovative route to market
- Innovative product
- Growth
- Exceptional growth
- Exceptional growth strategy
- Management
- Societal impact
[adace-ad id=”7108″]
Top Mumbai Insurance Startups
Data sourced from Crunchbase and SemRush.
Axis Bank
Crunchbase Website Twitter Facebook Linkedin
Axis Bank is a banking institution offering commercial, corporate and retail banking, and treasury operations.
Acko
Crunchbase Website Twitter Facebook Linkedin
Acko is a digital insurance company with a license to underwrite and distribute bite-sized insurance products.
HealthySure
Crunchbase Website Twitter Facebook Linkedin
HealthySure is an InsurTech platform that focuses on innovating employee health protection.
Coverfox Insurance
Crunchbase Website Twitter Facebook Linkedin
Coverfox Insurance is an insurtech platform that provides hassle-free online insurance broking services.
OTO Capital
Crunchbase Website Twitter Facebook Linkedin
OTO Capital is a software company that provides affordable plans to purchase motor bicycles.
ICICI Lombard General Insurance
Crunchbase Website Twitter Facebook Linkedin
ICICI Lombard General Insurance is a private sector general insurance company in India.
Future Generali
Crunchbase Website Twitter Facebook Linkedin
Future Generali India Insurance is a joint venture between the Future Group.
Alliance Insurance Brokers
Crunchbase Website Twitter Facebook Linkedin
Alliance Insurance Brokers is a strong player in B2B insurance broking company.
Wellthy Therapeutics
Crunchbase Website Twitter Facebook Linkedin
Wellthy is a digital therapeutics company focused on improving patient health through proven clinical interventions and behavioral model
SBI Life
Crunchbase Website Twitter Facebook Linkedin
SBI Life is one of the life insurance company that offers a range of life insurance plans and policies to protect you and your family.
ICICI Prudential Life Insurance
Crunchbase Website Twitter Facebook Linkedin
ICICI Prudential Life Insurance Company Ltd. is one of the life insurance players in India and it has assets held over Rs. 100,000 Cr.
SBI General Insurance
Crunchbase Website Twitter Facebook Linkedin
SBI General Insurance offers a wide range of general insurance products in retail and commercial space.
Probus Insurance
Crunchbase Website Twitter Facebook Linkedin
Probus Insurance is one of the renowned Insurance Broker in India, owing to its manifold progression and distinct lines of business.
Verak
Crunchbase Website Twitter Facebook Linkedin
Better Business Insurance for Indian MSMEs and SMEs- best prices, expert guidance & paperless claims.
Arya.ai
Crunchbase Website Twitter Facebook Linkedin
Arya.ai offers ‘Autonomous AI’ product stack for financial institutions to automate and augment core business tasks using Deep Learning.
FINO PayTech
Crunchbase Website Twitter Facebook Linkedin
FINO PayTech is a thought leader, innovator and implementer of technology solutions.
Growfitter
Crunchbase Website Twitter Facebook Linkedin
Gamified digital health reward platform that adds financial benefits to your physical activity!
IndiaFirst Life Insurance
Crunchbase Website Twitter Facebook Linkedin
IndiaFirst Life Insurance is a young life insurance firm managing finances for customers.
i3systems
Crunchbase Website Twitter Facebook Linkedin
Data Analytics, Machine Learning, Natural Language Processing, Insurance Underwriting, Insurance Fraud Detection, Diagnostics Intelligence
Mobileware Technologies
Crunchbase Website Twitter Facebook Linkedin
Mobileware Technologies develops enterprise mobility solutions for clients in the banking, insurance, and financial services domains.
Mahindra Insurance Brokers
Crunchbase Website Twitter Facebook Linkedin
Mahindra Insurance Brokers is an insurance company.
TechProcess Solutions
Crunchbase Website Twitter Facebook Linkedin
TechProcess Solutions offers transaction and payment processing services across a spectrum of industries in India.
Firstsource
Crunchbase Website Twitter Facebook Linkedin
Firstsource provides BPO solutions to organizations in banking, healthcare, telecoms, and media.
Life Insurance Corporation of India
Crunchbase Website Twitter Facebook Linkedin
Life Insurance Corporation of India is a company that provides citizens of India access to life insurance policies.
Liases Foras
Crunchbase Website Twitter Facebook Linkedin
Liases Foras is a Mumbai-based residential real estate.
Infinx Services
Crunchbase Website Twitter Facebook Linkedin
Infinx Services is a medical company located in Mumbai.
IDBI Capital Market Services Pvt Ltd
Crunchbase Website Twitter Facebook Linkedin
IDBI Capital is wholly owned subsidary of IDBI Bank (India’s Largest Bank). They are Category-I Merchant Banking
Ruloans Distribution Services
Crunchbase Website Twitter Facebook Linkedin
Ruloans is a large financial distributor operating across India, Ruloans including Home Loans, Personal Loans, Credit Cards, Business Loans.
HDFC Standard Life Insurance
Crunchbase Website Twitter Facebook Linkedin
HDFC Standard Life Insurance is a life insurance provider in India for both private and corporate clients.
Tata AIA Life Insurance Company
Crunchbase Website Twitter Facebook Linkedin
Tata AIA Life Insurance Company Limited (Tata AIA Life) is a joint venture company, formed by Tata Sons and AIA Group Limited (AIA).
C2L BIZ Solutions Pvt Ltd
Crunchbase Website Twitter Facebook Linkedin
C2L BIZ is an insurance industry solution provider.
HDFC ERGO General Insurance Company Limited
Crunchbase Website Twitter Facebook Linkedin
HDFC ERGO is a 74:26 joint venture between HDFC Limited, India’s premier Housing Finance Institution and ERGO International AG.
Iorta Technology Solutions Pvt. Ltd.
Crunchbase Website Twitter Facebook Linkedin
Saas; Sales Management Solutions for Insurance companies
Reliance General Insurance
Crunchbase Website Twitter Facebook Linkedin
Reliance General Insurance is an Indian private insurance company.
LIC Housing Finance
Crunchbase Website Twitter Facebook Linkedin
LIC Housing Finance Ltd. is a largest Housing Finance company in India.
Aegon Life Insurance
Crunchbase Website Twitter Facebook Linkedin
AEGON is an international provider of life insurance, pensions and asset management, Religare, holding company
Capital Food Group
Crunchbase Website Twitter Facebook Linkedin
Capital Foods is a great believer in the concept of ‘Global Food Culture’.
Navi General Insurance
Crunchbase Website Twitter Facebook Linkedin
Navi General Insurance provides health insurance services.
Raheja QBE
Crunchbase Website Twitter Facebook Linkedin
Raheja QBE is a joint venture between Rajan Raheja Group and QBE Insurance, offer general insurance services.
Trade Smart Online
Crunchbase Website Twitter Facebook Linkedin
Tradesmart Online is a brokerage business offering discount brokerage services in stock, commodity and currency trading segments.
FynTune
Crunchbase Website Twitter Facebook Linkedin
FynTune is an Insurtech expert building digital platforms that create real solutions.
AQM TECHNOLOGIES
Crunchbase Website Twitter Facebook Linkedin
AQM Technologies is one of India’s leading domain specialist software testing lab.
Bharti AXA Life Insurance
Crunchbase Website Twitter Facebook Linkedin
Bharti AXA Life offers life insurance plans & term insurance policies in India at minimal costs so that you can fulfill your responsibility.
The New India Assurance Co
Crunchbase Website Twitter Facebook Linkedin
The New India Assurance Co. Ltd., based in Mumbai, is one of the five Wholly Government of India owned assurance companies of India.
Asset Reconstruction Company (India) Ltd.
Crunchbase Website Twitter Facebook Linkedin
Asset Reconstruction Company (India) Ltd. operates as a asset reconstruction company.
Liberty General Insurance
Crunchbase Website Twitter Facebook Linkedin
Liberty General Insurance is a online insurance company which offers Car, Two Wheeler, Health & Travel Insurance plans.
Magma HDI
Crunchbase Website Twitter Facebook Linkedin
Magma HDI is a general insurance company that offers products for individuals such as vehicle insurance, health insurance, Home Insurance.
Edelweiss Tokio Life Insurance
Crunchbase Website Twitter Facebook Linkedin
Edelweiss Tokio Life is an insurance company, creating its insurance solutions around the financial needs of its consumer.
Watchyourhealth.com
Crunchbase Website Twitter Facebook Linkedin
Watchyourhealth.com is an InsurTech/HealthTech company that Enables and empowers customers to engage the clients through smart technology.
MyInsuranceClub
Crunchbase Website Twitter Facebook Linkedin
MyInsuranceClub is an insurance comparison engine that allows users to compare the premium rates and features of various insurance policies.
Tradebulls
Crunchbase Website Twitter Facebook Linkedin
Tradebulls provides online trading, IPO, mutual fund and equity services.
Global Insurance
Crunchbase Website Twitter Facebook Linkedin
Global Insurance Brokers is India’s insurance, reinsurance brokerage, risk and claims Consulting firm, are a Composite Insurance Broker.
Saraswat Bank
Crunchbase Website Twitter Facebook Linkedin
Saraswat Bank provides retail loans, mutual funds, insurance, NRI banking, business banking, credit cards, debit cards & e-banking services.
OneInsure
Crunchbase Website Twitter Facebook Linkedin
OneInsure offers a comprehensive range of insurance products.
PayBima
Crunchbase Website Twitter Facebook Linkedin
PayBima: Simplest, Fastest, Most Reliable way of buying insurance
Kotak Mahindra General Insurance
Crunchbase Website Twitter Facebook Linkedin
Kotak Mahindra General Insurance provides an array of non-life insurance products like Motor, Health, and others.
GlitterBug Technologies
Crunchbase Website Twitter Facebook Linkedin
GlitterBug Technologies is a provider of car insurance services, bike insurance services, and mobile insurance services.
HEALTHINDIA Insurance TPA Services
Crunchbase Website Twitter Facebook Linkedin
HealthIndia Insurance TPA Service provides quality third-party administrative services to clients.
Agile Financial Technologies
Crunchbase Website Twitter Facebook Linkedin
Agile Financial Technologies is led by captains of the industry who envisioned the creation of an unparalleled enterprise that would be an
General Insurance Corporation Of India
Crunchbase Website Twitter Facebook Linkedin
GIC is a reinsurance company that provides reinsurance and risk solution to international and domestic markets.
ITI Reinsurance Ltd.
Crunchbase Website Twitter Facebook Linkedin
ITI Reinsurance Ltd. operates as a Reinsurance Company.
Reliance Life Insurance
Crunchbase Website Twitter Facebook Linkedin
eliance Life Insurance provides life insurance services and products.
Assurekit
Crunchbase Website Twitter Facebook Linkedin
Assurekit is a tool that provides insurance distribution services.
Techguard
Crunchbase Website Twitter Facebook Linkedin
Techguard specializes in offering device protection products, warranty and repair services for tech gadgets and appliances.
Axis Capital
Crunchbase Website Twitter Facebook Linkedin
AXIS Capital Holdings is leading financial service providers reputed for our ability to perceive the true potential of businesses.
Tata Motors Insurance Broking and Advisory Services
Crunchbase Website Twitter Facebook Linkedin
Tata Motors Insurance Broking and Advisory Services is a Brokerage company
IDFC Mutual Fund
Crunchbase Website Twitter Facebook Linkedin
IDFC Asset Management Company Ltd. was established in 2000 and is already one of the largest Mutual Fund houses in India.
Aditya Birla Sun Life Insurance
Crunchbase Website Twitter Facebook Linkedin
ABSLI is a life insurance firm that provides children’s plans, wealth protection plans, retirement & pension, health plans, and term plans.
IBEXI Solutions
Crunchbase Website Twitter Facebook Linkedin
IBEXI Solutions specialises in providing business and technology solutions across the insurance value chain,
Ageas Federal Life Insurance
Crunchbase Website Twitter Facebook Linkedin
Ageas Federal Life Insurance is a private sector, development, and commercial bank that provides solutions to all financial needs.
L&T General Insurance Company
Crunchbase Website Twitter Facebook Linkedin
L&T General Insurance Company engaged in technology, engineering, construction, manufacturing and financial services.
Deep Trading
Crunchbase Website Twitter Facebook Linkedin
Utilizing mass deep learning algorithms in finance
Universal Sompo
Crunchbase Website Twitter Facebook Linkedin
Universal Sompo is an insurance company that covers health, motor and commercial insurance as well as loan secure insurance policy.
PNB MetLife India Insurance
Crunchbase Website Twitter Facebook Linkedin
PNB MetLife India Insurance is one of the leading life insurance company located in Mumbai.
KMD
Crunchbase Website Twitter Facebook Linkedin
KMD is a professional services firm that provides employee benefit, energy, liability, marine, aviation and insurance broking services.
Future Generali India Life Insurance
Crunchbase Website Twitter Facebook Linkedin
Future Generali India Life Insurance offers a spectrum of insurance plans, retirement plans, and advisory services.
Volkswagen Finance
Crunchbase Website Twitter Facebook Linkedin
Volkswagen Finance is responsible for co-ordinating the worldwide financial services activities of the Volkswagen Group.
HDFC Sales
Crunchbase Website Twitter Facebook Linkedin
HDFC Sales specializes in providing financial services.
Max India
Crunchbase Website Twitter Facebook Linkedin
Max India focuses on life insurance, healthcare and allied businesses.
Howden Insurance Brokers India
Crunchbase Website Twitter Facebook Linkedin
Howden Insurance Brokers India provides risk management, insurance broking, insurance portfolio management, and claims management services.
Maheshwari Investment. Pvt. Ltd
Crunchbase Website Twitter Facebook Linkedin
Maheshwari Investment. Pvt. Ltd
Lakshmishree Investment & Securities Pvt. Ltd.
Crunchbase Website Twitter Facebook Linkedin
Lakshmishree Investment & Securities Pvt. Ltd. (LISPL) is one of the quickest growing Stock Broking companies in India.
FRR Forex
Crunchbase Website Twitter Facebook Linkedin
FRR Forex specializes in international currencies, debit cards, money transfer, travel insurance, money gram, and express money services.
Zibika.com
Crunchbase Website Twitter Facebook Linkedin
Zibika.com is a private insurance broking firm that sells life insurance, health insurance, and motor insurance online.
Auto Tranz
Crunchbase Website Twitter Facebook Linkedin
Auto Tranz is a company that provides technology for all automotive needs.
BFC Forex & Financial Services
Crunchbase Website Twitter Facebook Linkedin
BFC Forex & Financial Services offers buying and selling foreign currencies including currency exchange, money transfer, & travel insurance.
Shift Risk Insurance Brokers
Crunchbase Website Twitter Facebook Linkedin
Shift Risk Insurance Brokers is a one-stop portal to research, compare & general & life insurance.
Macquarie SBI Infrastructure Management
Crunchbase Website Twitter Facebook Linkedin
Macquarie SBI Infrastructure Management Pte. Limited brings together the recognised infrastructure investment, fund management, project
Edelweiss Insurance Brokers
Crunchbase Website Twitter Facebook Linkedin
Edelweiss Insurance Brokers is an insurance broking and risk management company.
Reliance Health Insurance Limited
Crunchbase Website Twitter Facebook Linkedin
Reliance Health Insurance – Online Health Insurance Company
Amazon Health & Medical Tourism
Crunchbase Website Twitter Facebook Linkedin
Amazon Health and Medical Tourism is a complete medical service provider.
GoChanakya
Crunchbase Website Twitter Facebook Linkedin
An online market place for finding the best Financial Advisors, Wealth Managers, Stock Brokers, Insurance Advisors.
Finwisely
Crunchbase Website Twitter Facebook Linkedin
Finwisely offers home loans, mutual funds, personal loans, client profiling, documentation, investments and mortgage property services.
Thanawala Consultancy Services
Crunchbase Website Twitter Facebook Linkedin
Thanawala is a management consulting company that provides actuarial services and various related services.
DOMBIVLI NAGARI SAHAKARI BANK
Crunchbase Website Twitter Facebook Linkedin
DOMBIVLI NAGARI SAHAKARI BANK provides banking, financial, and insurance services.
Services 2 NRI
Crunchbase Website Twitter Facebook Linkedin
S2NRI is one point solution for all NRI queries.
OkGroup
Crunchbase Website Twitter Facebook Linkedin
Internet Conglomerate aiming to digitise industries in India.
TrawellTag Cover-More
Crunchbase Website Twitter Facebook Linkedin
TrawellTag Cover-More is a provider of medical assistance and travel insurance services.
GIPHY App Key not set. Please check settings