Kotak Mahindra General Insurance Company Limited (Kotak General Insurance) announced that it has partnered with PhonePe Insurance Broking Services Pvt. Ltd (PhonePe), a digital payments platform, to offer motor insurance to PhonePe’s 380 million users, placing a significant bet on the digital distribution and direct-to-customer space.
- Kotak General Insurance will provide its clients quick and easy vehicle and two-wheeler insurance policies via PhonePe.
- Through this partnership, PhonePe users will be able to quickly and easily purchase automobile and two-wheeler insurance online from the convenience of their smartphones.
- The relationship with PhonePe will enable to connect and engage with customers who are digital natives and seeking convenience.
- Kotak General Insurance, made it a mission to serve customers with straightforward and simple-to-understand solutions.