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About Coverfox

देश का बीमा

Desh Ka Bima.

Coverfox works with India's lending ecosystem — NBFCs, MFIs and digital lenders — to embed insurance directly into the borrowing journey, so people get covered at the exact moment they take a loan. At the core, Coverfox exists to close the insurance gap for India's “missing middle” — people beyond government safety nets but underserved by traditional insurers — by meeting them through networks they already trust.

Partner with us Explore our journey
Simple ✳ Transparent ✳ Human ✳ Tech-led ✳ Accessible ✳ Available ✳ Affordable ✳ Simple ✳ Transparent ✳ Human ✳ Tech-led ✳ Accessible ✳ Available ✳ Affordable ✳
BY THE NUMBERS

The scale we operate at

72+

Corporate partners

400+

Products

20M+

Lives reached

90%+

Of India's pin codes reached

650+

Employees

4

Office locations

100 Million

lives insured by 2030.

Each dot is one million lives. Twenty are filled today. The last marks the 2030 goal.

OUR MISSION

Closing India's protection gap.

India's insurance opportunity lies in the millions of people who remain outside the protection ecosystem. While financial services have expanded rapidly across the country, insurance still has significant ground to cover.

Our mission is to help close that gap — by building stronger technology, partnerships and distribution channels that make insurance a natural part of everyday financial journeys. By 2030, we aim to reach 100 million lives and bring India measurably closer to closing its protection gap.

2013 — 2030

The Coverfox journey

From India's first digital insurance broker to the distribution layer behind the country's lending ecosystem.

2013

Digital-first beginnings

India's first digital insurance broker came into existence.

2016

Retail at scale

Helping millions compare, purchase, renew and manage motor and health insurance online.

2020

Expanding the ecosystem

Building end-to-end technology infrastructure and stronger insurer partnerships to scale insurance distribution.

2023

Embedded insurance

Bringing insurance into loans, fintechs, enterprises and partner ecosystems through seamless technology integrations.

Today

Desh Ka Bima

Taking insurance beyond India's largest cities and into the markets where access is growing — Tier-2 and Tier-3 markets, emerging towns and India's last mile.

2030

The road ahead

Reaching 100 million lives and taking affordable, accessible insurance to India's last mile — shaped by the people who join us now.

IN THEIR WORDS

What our partners say

Lenders and NBFCs building protection into their own products — on turnaround time, integration and reach.

We're working closely with Coverfox to bring micro-insurance to customers in rural Bharat. The process has been smooth, fast, and dependable throughout. Their team has also helped us implement Loan Protection solutions like Credit Life, enabling our borrowers to secure their financial liabilities with ease. Their Sehat Suraksha plan truly stands out, offering comprehensive health coverage at an affordable starting price of just ₹499. With competitive pricing and a strong focus on accessibility, Coverfox continues to be a trusted and valuable partner.

Satin Creditcare Network Limited

Micro-insurance and Credit Life across rural Bharat.

Partnering with Coverfox has completely redefined our insurance experience. What stood out was their ability to significantly reduce policy issuance TAT, making our processes faster and more reliable. They go beyond offering off-the-shelf products; they work with us closely to design solutions tailored to our unique business needs.

Oxyzo

Faster policy issuance and tailored product design.

Coverfox has helped us move most of our insurance processes from manual to automated through their insure-tech arm, Coverstack. The API integrations have made our work much easier. The team introduced us to innovative insurance solutions, including a first-of-its-kind EV battery theft cover. They also helped us access tailored group insurance policies like Loan Protect and EMI Protect, ensuring comprehensive protection for our loan book and loanees.

Mufin Green Finance

API-led automation and a first-of-its-kind EV battery theft cover.

With Coverfox on board, expanding our customer reach has become much easier and more efficient. A key innovation from their side was the OTP-based consent mechanism for co-borrowers — this has simplified and secured our loan journey significantly. What we value most is how quickly they adapt and offer practical solutions.

Avanti Finance

OTP-based co-borrower consent built into the loan journey.

LEADERSHIP

The people running it

Sanjib Jha

Founder & Managing Director

Piyush Ranjan

Co-Founder, Executive Director – Technology, CTO

Shreyans Vijay

Executive Director – Sales

Shivendra Pancholi

Executive Director – Affinity

AK

Arvind Kumar

Head of Finance

Vivek Dubey

General Counsel

Devendra Dariya

SVP – Product

Shikha Gupta

Chief Strategy Officer

Dipti Puri

Chief Human Resources Officer

AK

Apurva Kaushik

Group Head of Brand Communication and PR

OUR TEAMS

One team. One mission. Across India.

Four offices, one distribution engine — from the corporate office in Mumbai to the teams closest to India's last mile.

Team photo
Mumbai · 3:4

Mumbai

Corporate office · Andheri East

Team photo
Bangalore · 3:4

Bangalore

Technology and product

Team photo
Lucknow · 3:4

Lucknow

Operations and partner support

Team photo
Gurgaon · 3:4

Gurgaon

Affinity and enterprise partnerships

CONTACT

Get in touch

Corporate office

5th Floor, Oberoi Garden Estate, C Wing, 5098–5110,
near Chandivali Studio, Andheri East,
Mumbai, Maharashtra – 400072
022 4897 1018 help@coverfox.com

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Corporate information

  • PDFAnnual Return MGT-7FY 2019–20
  • PDFAnnual Return MGT-7AFY 2020–21
  • PDFAnnual Return MGT-7AFY 2021–22
  • PDFAnnual Return MGT-7AFY 2022–23
  • PDFAnnual Return MGT-7AFY 2023–24

Coverfox Insurance Broking Pvt. Ltd. · Mumbai · IRDAI-authorised

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Coverfox Insurance Broking Pvt. Ltd. : C Wing, 5098-5110 (Middle Lift), 5th Floor, Oberoi Garden Estate, Chandivali Farm Road, Chandivali, Andheri East, Mumbai, Maharashtra - 400072

Licence No. 478 , IRDA Direct Broker Code: IRDA/ DB 556/ 13 , Valid till: 26/12/2028, CIN: U66000MH2013PTC243810

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