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Insurance Startup Digit Set To Break Even By The End Of This Year

Insurance Startup Digit Set To Break Even By The End Of This Year
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Bengaluru-based insurance startup Digit is on track to break even by the end of this year, buoyed by lower operating costs, massive equity funding rounds and improved business metrics even in the middle of the Covid pandemic.

According to Digit Insurance Chairman Kamesh Goyal, while it has been a tough year for the entire insurance industry, Digit has managed to expand its business by 30 percent. Two major products have helped drive this growth: Covid health insurance and fire insurance, with both the books witnessing strong growth in terms of premium collection.

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