Bangalore-based insurtech Digit Insurance is offering policyholders short-term home coverage ranging from one to 180 days. The firm is aiming to cash in on the fact people often feel insecure about the safety of their properties when travelling or spending time away from home, according to Digit's head of marketing. The company, which is backed by Canada's Fairfax Holdings, has raised $25m in funding to-date. It has partnered with other fintechs such as PayTM and Policybazaar.
Bangalore-based insurtech Digit Insurance is offering policyholders short-term home coverage ranging from one to 180 days. The firm is aiming to cash in on the fact people often feel insecure about the safety of their properties when travelling or spending time away from home, according to Digit's head of marketing. The company, which is backed by Canada's Fairfax Holdings, has raised $94m in funding to-date. It has partnered with other fintechs such as PayTM and Policybazaar.