InsuranceDekho and RenewBuy come together to deepen insurance access across Bharat
Consolidation creates India's largest AI-enabled insurance distribution platform, in terms of POSP-driven insurance premium generated, for Fiscal Year 2026.
Combined entity commands more than ?66,000 million in premium, over six lakh digital partners, and reach across 98.57% of India's pin codes, as at the end of FY26
InsuranceDekho and the RenewBuy group today announced the consolidation of their businesses to create a unified, pan-India insurance distribution ecosystem. The combined entity is India's largest AI-enabled insurance distribution platform, in terms of POSP-driven insurance premium generated, for Fiscal Year 2026. Together, the two platforms have already facilitated the issuance of over two crore insurance policies since inception as of 31st March 2026, advancing a shared mission to make insurance accessible and affordable across Bharat.
The combined platform pairs InsuranceDekho's strength across northern and western India with RenewBuy's presence in the south, creating pan-India breadth and depth. With a premium book exceeding ?66,000 million, a network of over 6 lakh digital partners, and reach across 98.57% of India's pin codes, as of 31st March 2026, the combined entity is seeking to ensure partners in towns have the same access to products, tools and support as those in metros.
The combined business will operate under the InsuranceDekho brand, with Ankit Agrawal leading the unified entity. The founders of both InsuranceDekho and RenewBuy will continue in the merged organisation, ensuring continuity in leadership, execution and long-term strategy. The integration is expected to bring together professionals across technology, distribution, product and operations to ensure a smooth transition and uninterrupted service for customers and partners.
The integration is designed to create an AI-first, distribution-plus-technology flywheel. InsuranceDekho has focused on the use of artificial intelligence in insurance distribution through in-house tools that give partners real-time plan recommendations. Combined with RenewBuy's technology strengths, the platform will support automated partner onboarding. It will operate as an open, multi-insurer ecosystem — enabling choice across motor, health, life and commercial insurance, backed by integrated digital onboarding, policy issuance and AI-powered advisory.
Commenting on the development, Ankit Agrawal, Founder & CEO, InsuranceDekho, said, "This coming together is a strategic step towards taking insurance to the last mile. Our model has always been powered by our partners, and by backing them with a range of product choice, stronger tools and the support to grow their business, we deepen insurance access in the towns and villages of Bharat that need it most. This combination brings together complementary strengths in technology, on-ground distribution and insurer partnerships. Our immediate focus is disciplined execution and seamless integration."
Balachander Sekhar, CEO, RenewBuy, added, "The union of these two organisations brings together a combination of digital, technology and distribution enablement. By pairing technology depth with skilled on-ground partner network capabilities, we can equip insurance partners with smarter tools and seamless digital experiences - and, through them, aim to bring insurance within reach of every Indian. Together, we believe we are building the infrastructure to strengthen last-mile access.
The combined entity will work closely with the Insurance Regulatory and Development Authority of India (IRDAI) and other stakeholders to advance insurance access.
The consolidation is also a milestone for the combined workforce, opening expanded career pathways and cross-functional opportunities at the intersection of insurance, AI and distribution.
The unified entity will remain focused on enabling choice and supporting insurers and partners through technology data, and phygital infrastructure. Over time, its distribution network and technology backbone are designed to support broader financial and enterprise avenues, with insurance at the core.
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