Zopper

Zopper.com is a leading player in the InsurTech industry, providing innovative technology solutions to promote insurance adoption. The company primarily serves banks, non-banking financial companies (NBFCs), and microfinance institutions (MFIs), operating in a market that is increasingly reliant on digital solutions for insurance distribution.

Zopper's business model is centered around providing 360° customised InsurTech solutions. These solutions are designed to enhance the customer experience by digitising the customer management process and providing easy-to-implement platforms. This results in a seamless customer lifecycle, from the purchase of insurance to the claiming of an insurance solution.

The company's revenue is likely generated through partnerships with these financial institutions, where Zopper's technology-powered solutions are integrated into the institutions' systems to enable cross-selling of insurance products. This not only helps these institutions to increase their insurance sales but also ensures optimal customer satisfaction due to the seamless end-to-end experience provided by Zopper's solutions.

Since its inception over a decade ago, Zopper has grown steadily, expanding its presence to over 1200 cities. The company has raised $100 million in funding to fuel its expansion ambitions, making it the largest InsurTech player in India.

Keywords: InsurTech, Insurance Adoption, Digital Solutions, Customer Experience, Financial Institutions, Cross-Selling, End-to-End Experience, Customised Solutions, Expansion, Funding.