Compare & Buy Car, Bike and Health Insurance Online - InsuranceDekho
Claim, renew, manage & moreLogin
  Hurry Up!
Save tax in 80D by purchasing a Health Insurance Today. View Plan

Fairfax to Invest Rs. 200 Crore More in GoDigit Insurance

Updated On Jan 22, 2020

Fairfax, a financial holding company based in Toronto, is planning to make an additional investment of Rs. 200 Crore into GoDigit General Insurance Company. Last year, Fairfax had invested Rs. 305 Crore. If the Toronto-based company invests this year, the total funding in GoDigit that runs Digit Insurance will reach Rs. 1,000 Crore during this fiscal year. Thus, this Indian-based general insurance company will become one of the best-funded startups in the insurance industry.

Kamesh Goyal, chairman of Digit Insurance, said, “We are growing our businesses and incurring losses as these are initial years."

Based in Toronto, Fairfax Financial, as a financial holding company, is engaged in casualty, property, and life insurance and reinsurance, insurance claims management and investment management. The company is run by Canadian billionaire, Prem Watsa.

In addition, GoDigit is an online general insurance company that deals with a wide range of insurance products. It was started by Kamesh Goyal in October 2017.

Also Read

Are Spouses Allowed to Split Health Insurance Premium to Claim Tax Benefit Under Section 80D?

Deferred Health Insurance: Everything to Know About It

Health Insurance Coverage Calculator

Who do you want to insured ?

  • Individual
  • Couple
  • Family
  • Parents

Age of eldest insured member ?

Where do you live ?

Disclaimer : Actual Coverage might vary basis your location, age and number of members
Must BuyMust Buy

Why to Buy Health Insurance Policy Online from InsuranceDekho

  • Tax benefit upto 75,000*
  • Claim support everyday 10AM-7PM
  • 50 Lacs+ happy customers