Started in the year 2013, Coverfox has evolved into one of the pioneers of InsurTech in india. The company has raised Rs 175 crore funding so far and in the current financial year, it is expecting a premium of Rs 350 crore with 30,000 policies being sold or renewed every month from its platform.
In an exclusive interview with TechObserver.in, Coverfox CEO Premanshu Singh says that this has been possible due to technology intervention and the company is now aiming to evolve its product to a level that human interaction should come only if it is absolutely necessary.
