101 Top Mumbai Insurance Companies and Startups

June 8, 2022

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

Axis Bank

Crunchbase Website Twitter Facebook Linkedin

Axis Bank is a banking institution offering commercial, corporate and retail banking, and treasury operations.

Acko

Acko

Crunchbase Website Twitter Facebook Linkedin

Acko is a digital insurance company with a license to underwrite and distribute bite-sized insurance products.

Acko

HealthySure

Crunchbase Website Twitter Facebook Linkedin

HealthySure is an InsurTech platform that focuses on innovating employee health protection.

Acko

Kenko Health

Crunchbase Website Twitter Facebook Linkedin

Kenko Health is a health insurtech startup.

Acko

Coverfox Insurance

Crunchbase Website Twitter Facebook Linkedin

Coverfox Insurance is an insurtech platform that provides hassle-free online insurance broking services.

Acko

OTO Capital

Crunchbase Website Twitter Facebook Linkedin

OTO Capital is a software company that provides affordable plans to purchase motor bicycles.

Acko

ICICI Lombard General Insurance

Crunchbase Website Twitter Facebook Linkedin

ICICI Lombard General Insurance is a private sector general insurance company in India.

Acko

Future Generali

Crunchbase Website Twitter Facebook Linkedin

Future Generali India Insurance is a joint venture between the Future Group.

Acko

Alliance Insurance Brokers

Crunchbase Website Twitter Facebook Linkedin

Alliance Insurance Brokers is a strong player in B2B insurance broking company.

Acko

Symbo

Crunchbase Website Twitter Facebook Linkedin

Making Insurance relevant and intuitive.

Acko

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

Acko

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.

Acko

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.

Acko

SBI General Insurance

Crunchbase Website Twitter Facebook Linkedin

SBI General Insurance offers a wide range of general insurance products in retail and commercial space.

Acko

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.

Acko

Verak

Crunchbase Website Twitter Facebook Linkedin

Better Business Insurance for Indian MSMEs and SMEs- best prices, expert guidance & paperless claims.

Acko

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.

Acko

FINO PayTech

Crunchbase Website Twitter Facebook Linkedin

FINO PayTech is a thought leader, innovator and implementer of technology solutions.

Acko

Growfitter

Crunchbase Website Twitter Facebook Linkedin

Gamified digital health reward platform that adds financial benefits to your physical activity!

Acko

IndiaFirst Life Insurance

Crunchbase Website Twitter Facebook Linkedin

IndiaFirst Life Insurance is a young life insurance firm managing finances for customers.

Acko

i3systems

Crunchbase Website Twitter Facebook Linkedin

Data Analytics, Machine Learning, Natural Language Processing, Insurance Underwriting, Insurance Fraud Detection, Diagnostics Intelligence

Acko

Mobileware Technologies

Crunchbase Website Twitter Facebook Linkedin

Mobileware Technologies develops enterprise mobility solutions for clients in the banking, insurance, and financial services domains.

Acko

Mahindra Insurance Brokers

Crunchbase Website Twitter Facebook Linkedin

Mahindra Insurance Brokers is an insurance company.

Acko

TechProcess Solutions

Crunchbase Website Twitter Facebook Linkedin

TechProcess Solutions offers transaction and payment processing services across a spectrum of industries in India.

Acko

Firstsource

Crunchbase Website Twitter Facebook Linkedin

Firstsource provides BPO solutions to organizations in banking, healthcare, telecoms, and media.

Acko

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.

Acko

Liases Foras

Crunchbase Website Twitter Facebook Linkedin

Liases Foras is a Mumbai-based residential real estate.

Acko

Infinx Services

Crunchbase Website Twitter Facebook Linkedin

Infinx Services is a medical company located in Mumbai.

Acko

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

Acko

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.

Acko

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.

Acko

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).

Acko

C2L BIZ Solutions Pvt Ltd

Crunchbase Website Twitter Facebook Linkedin

C2L BIZ is an insurance industry solution provider.

Acko

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.

Acko

Iorta Technology Solutions Pvt. Ltd.

Crunchbase Website Twitter Facebook Linkedin

Saas; Sales Management Solutions for Insurance companies

Acko

Reliance General Insurance

Crunchbase Website Twitter Facebook Linkedin

Reliance General Insurance is an Indian private insurance company.

Acko

LIC Housing Finance

Crunchbase Website Twitter Facebook Linkedin

LIC Housing Finance Ltd. is a largest Housing Finance company in India.

Acko

Aegon Life Insurance

Crunchbase Website Twitter Facebook Linkedin

AEGON is an international provider of life insurance, pensions and asset management, Religare, holding company

Acko

PolicyBoss

Crunchbase Website Twitter Facebook Linkedin

PolicyBoss provides free insurance quote

Acko

Capital Food Group

Crunchbase Website Twitter Facebook Linkedin

Capital Foods is a great believer in the concept of ‘Global Food Culture’.

Acko

Navi General Insurance

Crunchbase Website Twitter Facebook Linkedin

Navi General Insurance provides health insurance services.

Acko

Raheja QBE

Crunchbase Website Twitter Facebook Linkedin

Raheja QBE is a joint venture between Rajan Raheja Group and QBE Insurance, offer general insurance services.

Acko

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.

Acko

FynTune

Crunchbase Website Twitter Facebook Linkedin

FynTune is an Insurtech expert building digital platforms that create real solutions.

Acko

AQM TECHNOLOGIES

Crunchbase Website Twitter Facebook Linkedin

AQM Technologies is one of India’s leading domain specialist software testing lab.

Acko

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.

Acko

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.

Acko

Asset Reconstruction Company (India) Ltd.

Crunchbase Website Twitter Facebook Linkedin

Asset Reconstruction Company (India) Ltd. operates as a asset reconstruction company.

Acko

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.

Acko

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.

Acko

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.

Acko

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.

Acko

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.

Acko

Tradebulls

Crunchbase Website Twitter Facebook Linkedin

Tradebulls provides online trading, IPO, mutual fund and equity services.

Acko

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.

Acko

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.

Acko

OneInsure

Crunchbase Website Twitter Facebook Linkedin

OneInsure offers a comprehensive range of insurance products.

Acko

PayBima

Crunchbase Website Twitter Facebook Linkedin

PayBima: Simplest, Fastest, Most Reliable way of buying insurance

Acko

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.

Acko

GlitterBug Technologies

Crunchbase Website Twitter Facebook Linkedin

GlitterBug Technologies is a provider of car insurance services, bike insurance services, and mobile insurance services.

Acko

HEALTHINDIA Insurance TPA Services

Crunchbase Website Twitter Facebook Linkedin

HealthIndia Insurance TPA Service provides quality third-party administrative services to clients.

Acko

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

Acko

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.

Acko

ITI Reinsurance Ltd.

Crunchbase Website Twitter Facebook Linkedin

ITI Reinsurance Ltd. operates as a Reinsurance Company.

Acko

Reliance Life Insurance

Crunchbase Website Twitter Facebook Linkedin

eliance Life Insurance provides life insurance services and products.

Acko

Assurekit

Crunchbase Website Twitter Facebook Linkedin

Assurekit is a tool that provides insurance distribution services.

Acko

Techguard

Crunchbase Website Twitter Facebook Linkedin

Techguard specializes in offering device protection products, warranty and repair services for tech gadgets and appliances.

Acko

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.

Acko

Tata Motors Insurance Broking and Advisory Services

Crunchbase Website Twitter Facebook Linkedin

Tata Motors Insurance Broking and Advisory Services is a Brokerage company

Acko

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.

Acko

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.

Acko

IBEXI Solutions

Crunchbase Website Twitter Facebook Linkedin

IBEXI Solutions specialises in providing business and technology solutions across the insurance value chain,

Acko

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.

Acko

L&T General Insurance Company

Crunchbase Website Twitter Facebook Linkedin

L&T General Insurance Company engaged in technology, engineering, construction, manufacturing and financial services.

Acko

Deep Trading

Crunchbase Website Twitter Facebook Linkedin

Utilizing mass deep learning algorithms in finance

Acko

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.

Acko

PNB MetLife India Insurance

Crunchbase Website Twitter Facebook Linkedin

PNB MetLife India Insurance is one of the leading life insurance company located in Mumbai.

Acko

KMD

Crunchbase Website Twitter Facebook Linkedin

KMD is a professional services firm that provides employee benefit, energy, liability, marine, aviation and insurance broking services.

Acko

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.

Acko

Volkswagen Finance

Crunchbase Website Twitter Facebook Linkedin

Volkswagen Finance is responsible for co-ordinating the worldwide financial services activities of the Volkswagen Group.

Acko

HDFC Sales

Crunchbase Website Twitter Facebook Linkedin

HDFC Sales specializes in providing financial services.

Acko

Max India

Crunchbase Website Twitter Facebook Linkedin

Max India focuses on life insurance, healthcare and allied businesses.

Acko

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.

Acko

Maheshwari Investment. Pvt. Ltd

Crunchbase Website Twitter Facebook Linkedin

Maheshwari Investment. Pvt. Ltd

Acko

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.

Acko

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.

Acko

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.

Acko

Auto Tranz

Crunchbase Website Twitter Facebook Linkedin

Auto Tranz is a company that provides technology for all automotive needs.

Acko

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.

Acko

Shift Risk Insurance Brokers

Crunchbase Website Twitter Facebook Linkedin

Shift Risk Insurance Brokers is a one-stop portal to research, compare & general & life insurance.

Acko

Macquarie SBI Infrastructure Management

Crunchbase Website Twitter Facebook Linkedin

Macquarie SBI Infrastructure Management Pte. Limited brings together the recognised infrastructure investment, fund management, project

Acko

Edelweiss Insurance Brokers

Crunchbase Website Twitter Facebook Linkedin

Edelweiss Insurance Brokers is an insurance broking and risk management company.

Acko

Reliance Health Insurance Limited

Crunchbase Website Twitter Facebook Linkedin

Reliance Health Insurance – Online Health Insurance Company

Acko

Amazon Health & Medical Tourism

Crunchbase Website Twitter Facebook Linkedin

Amazon Health and Medical Tourism is a complete medical service provider.

Acko

GoChanakya

Crunchbase Website Twitter Facebook Linkedin

An online market place for finding the best Financial Advisors, Wealth Managers, Stock Brokers, Insurance Advisors.

Acko

Finwisely

Crunchbase Website Twitter Facebook Linkedin

Finwisely offers home loans, mutual funds, personal loans, client profiling, documentation, investments and mortgage property services.

Acko

Thanawala Consultancy Services

Crunchbase Website Twitter Facebook Linkedin

Thanawala is a management consulting company that provides actuarial services and various related services.

Acko

DOMBIVLI NAGARI SAHAKARI BANK

Crunchbase Website Twitter Facebook Linkedin

DOMBIVLI NAGARI SAHAKARI BANK provides banking, financial, and insurance services.

Acko

Services 2 NRI

Crunchbase Website Twitter Facebook Linkedin

S2NRI is one point solution for all NRI queries.

Acko

OkGroup

Crunchbase Website Twitter Facebook Linkedin

Internet Conglomerate aiming to digitise industries in India.

Acko

TrawellTag Cover-More

Crunchbase Website Twitter Facebook Linkedin

TrawellTag Cover-More is a provider of medical assistance and travel insurance services.

Leave a Reply

Your email address will not be published. Required fields are marked *

GIPHY App Key not set. Please check settings

FREE: PROMOTE YOUR ASIAN STARTUP

Asian Startup Founders: We want to interview you.

If you are a founder, we want to interview you. Getting interviewed is a simple (and free) process.
PROMOTE MY STARTUP 
close-link

Don't Miss

93 Top Chinese Fitness Companies and Startups

This article showcases our top picks for the best Chinese

13 Top Taipei Language Learning Companies and Startups

This article showcases our top picks for the best Taipei