InsurTech Startup Square Insurance Partners with Rajasthan Government

Jaipur (Rajasthan) [India], July 19: Square Insurance, one of India’s fastest-growing InsurTech startups, is announcing a significant strategic partnership with the Government of Rajasthan through Rajasthan Information Services Limited (RISL). With access to over 78,000 e-Mitra Kiosks across Rajasthan, this collaboration aims to transform insurance service delivery across the state.

Focused towards underserved markets, Square Insurance has been a disruptor in the insurance industry. Licensed as a Direct Insurance Broker under the IBR 2002 by the IRDA, the startup is providing solutions by using advanced algorithms and data analytics clubbed with affordable service.

“This partnership will bring all insurance services under one roof,” said Rakesh Kumar, Founder and CMD of Square Insurance. “By integrating our services with the robust e-Mitra network, we are offering Rajasthan a convenient and efficient platform for insurance transactions.”

Square Insurance boasts a user-friendly digital platform for easy policy issuance and renewals. One of the highlights is the digital policy locker, where user can securely store and retrieve their insurance documents from any location and at any time. This technology-driven approach extends to their corporate clients as well, aiding in untapped market exploration and offering a pathway into the Indian insurance sector.

The InsurTech startup offers an extensive product portfolio that includes Cattle, Crop, Bike, Health, Life, Car, Property, Travel, and Marine Insurance. Digital tools back these policies, allowing for a streamlined process of policy comparison, purchase, renewal, and management.