Riskovery insurance launches digital enablers to cater demand for online insurance

Off late we have observed that financial products buying and selling journey is broken and full of threats cheating, fraud and miss selling, distance marketing and on the above online selling of these products have shaken the trust of buyer’s because of rampant cases reported with Competent Authorities like IRDAI for about said reasons. So the need of hour is to find these broken links connects with the chain and provide a seamless buying and selling experience.
In the boom of digital era where several enablers are provided by different authorities like Insurers and Financial institutions, getting an informed choice for the product/policy in your inbox is miraculously easy, only if we can nab the devil of miss-selling through the neck.
RIWAPRO comes to rescue here, idea is to connect offline financial product advisor’s to techsavy online prospects fix a meeting where the product is explained offline by an advisor and sale is concluded online. 

Satindar Singh Khanuja: Director & Chief Executive, Riskovery Insurance Web Aggregator Pvt Ltd
Being an experienced business developer and Insurance and Financial products distribution expert and well connected with Financial and Insurance advisors, Financial Planners financial planners for the last 15 years in different-different capacities, level and geography. It is like a giving back to the institution where you have learned. So here come Riwapro dedicated to the Financial products distributors and advisor fraternity. 
Before we get ourselves engulfed in to a new June where Fear and Anxiety hovering every moment on us , Let's take a pause ,Smile on our Achievements Rejig the New Normal,New Definition of Work Life Balance.
We have spent 58 days in lockdown and expect a New Me in Lockdown 5.0.
Riskovery were operational @WFH mode with limited resources with best quality and services in last 58 days, kudos to my Sales Team, Business Leaders and Partner Network, Riskovery recorded an exceptional 35% growth in Health Business in this tough environment.

1.   Riskovery Portal added more insurers for different products to offer more choices to our Partner Network, and end users. Still team is into process to come-up with more advance and automated features for ease of business to Riskovery business partner.

2.   Android Mobile App Launched: In lockdown, Riskovery understand his business partners and end users concerns and therefore launched a very smooth and user friendly android mobile app that allows users to purchase policies seamlessly of private car, two wheeler, standalone third party, and health products.

3.   Launched bite size Covid19 insurance product to cover Covid19 risk where one can buy sum insured from 50000 to 5 Lac with a premium of INR 550 for per lac and reached to 2366 unique families with 6412 NOPs in lockdown period only.

The Digital Insurance distribution space in India is significantly under-served due to weak distribution, low trust, and complicated products. We have a once in a lifetime opportunity to change this with the reach and capabilities of our core API based platform as well as by building products and services that are truly consumer first and innovations in this space in even more relevant..
Lets work together to fill the demand and supply GAP.


  1. Excellent news for financial service providers

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