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Go Digit Life Insurance receives IRDAI's approval to start business

The Insurance Regulatory and Development Authority of India (Irdai) on Friday said it has granted life insurance business licence to Go Digit Life Insurance Limited.

  • Go Digit General Insurance Ltd, a firm backed by Canada-based Fairfax Group, has refiled preliminary IPO papers with Sebi after making certain changes to its employee stock appreciation rights scheme.
  • Go Digit offers motor insurance, health insurance, travel insurance, property insurance, marine insurance, liability insurance, and other insurance products, to meet the needs of the customers.
  • It is one of the first non-life insurers in India to be fully operated on the cloud and has developed application programming interface (API) integrations with several channel partners.

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