Gurugram: InsuranceDekho and the RenewBuy Group today announced the strategic consolidation of their businesses, creating a unified, national insurance distribution ecosystem engineered to advance access and affordability across Bharat. Coming together as India’s largest AI-enabled insurance distribution platform by POSP‑driven premium for FY26, the integrated entity has already facilitated the issuance of over two crore insurance policies as of March 31, 2026.
Merging InsuranceDekho’s established strength in northern and western India with RenewBuy’s deep presence in the south, the combined platform achieves an unprecedented breadth—spanning 98.57% of India’s pin‑codes, backed by a premium book exceeding ₹66,000 million and a network of over six lakh digital partners.
Under the InsuranceDekho brand, with Ankit Agrawal serving as CEO, the merged organisation will unite the leadership, technology, and distribution capabilities of both founding teams. The integration will be structured to create a seamless transition, ensuring partners in small towns receive the same product accessibility, digital tools, and support as their counterparts in metros.
At its core, the merger builds an AI‑first, distribution‑plus‑technology flywheel. By combining InsuranceDekho’s proprietary AI recommendation tools and RenewBuy’s tech‑focused onboarding systems, the platform will operate as an open, multi‑insurer marketplace—offering choice across motor, health, life, and commercial insurance, supported by integrated digital onboarding, policy issuance, and AI‑driven advisory.
“This union is a strategic move to take insurance to the last mile,” said Ankit Agrawal, Founder & CEO of InsuranceDekho. “Our strength has always been our partners. By equipping them with broader product choice, smarter tools, and extended support, we can deepen insurance access precisely where it is needed most across Bharat. This brings together complementary strengths in technology, on‑ground distribution, and insurer partnerships. Our immediate focus remains disciplined execution and seamless integration.”
Balachander Sekhar, CEO of RenewBuy, added: “Bringing these two organisations together marries digital depth with skilled distribution enablement. By pairing technology with a robust on‑ground network, we can equip partners with smarter tools and seamless experiences—and through them, bring insurance within reach of every Indian. Together, we are building the infrastructure that strengthens last‑mile access.”
The unified entity will collaborate closely with the Insurance Regulatory and Development Authority of India (IRDAI) and other key stakeholders to accelerate insurance penetration nationally.
For its combined workforce, the merger opens expanded career pathways at the intersection of insurance, AI, and distribution—offering cross‑functional opportunities in a rapidly scaling ecosystem.
Going forward, the platform will remain centred on enabling consumer choice and supporting insurers and partners through integrated technology, data‑driven insights, and phygital infrastructure. Over time, its distribution network and tech backbone are designed to support broader financial and enterprise avenues, with insurance continuing to form the core of its mission.