Rajasthan Government Partners with InsurTech Startup Square Insurance

Jaipur : Square Insurance, one of India’s most promising young InsurTech companies, has just announced a major strategic relationship with the state government of Rajasthan, implemented via the state’s information services arm, Rajasthan Information Services Limited (RISL). This partnership has the potential to significantly improve insurance service delivery across Rajasthan by using the state’s network of more than 78,000 e-Mitra Kiosks.

Square Insurance is a market disruptor because of its focus on underdeveloped areas. The IRDA has certified the firm as a Direct Insurance Broker, so it can provide its services to customers legally. The business’s solutions combine cutting-edge algorithmic and data-analytical prowess with competitive pricing.

Mr. Rakesh Kumar, Founder and CMD of Square Insurance, said, “This partnership will bring all insurance services under one roof.” To better serve the people of Rajasthan, we have partnered with the reliable e-Mitra network to provide a streamlined environment for managing insurance policies.

Square Insurance is a streamlined digital platform for purchasing and renewing insurance policies. The digital policy locker is a standout feature since it allows customers to safely store and access their insurance papers regardless of their physical location. This tech-focused strategy also applies to their business customers, providing entry into the Indian insurance industry and opening up previously unexplored markets.

Cattle, crop, bike, health, life, auto, property, travel, and marine insurance are just some of the many coverage options provided by the InsurTech firm. The policies are supported by digital technologies that simplify the policy evaluation, acquisition, renewal, and management processes.

About Square Insurance:

Square Insurance Brokers Pvt Ltd is an InsurTech startup committed to bridging the gap between customer needs and service provision in the insurance sector. Through technology, the company strives to make insurance transactions efficient, transparent, and simple for everyone. For more information, visit www.squareinsurance.com