Started in April 2015 Turtlemint is an insuretech platform. Founded by IIT-B & IIM-C alumni, with a combined work experience of more than 30 years in insurance and technology companies. Turtlemint’s unique hybrid (online-offline) model has equipped the insurance advisor community with digital tools to help them tackle an otherwise cumbersome offline selling process, efficiently and at a scale that is crucial to improve insurance penetration in India. Through its simple mobile app, Turtlemint is providing a wide variety of products, customized recommendation tools, and a wide range of courses on financial products to empower advisors to be truly digital and future-ready.
Today, the platform has a Point of Sales Person (PoSP) network of over 100,000 advisors that cater to more than 1.5 million customers. It has also fostered partnerships with an overwhelming majority of Indian insurance providers. Headquartered in Mumbai, India the company offers insurance advisory solutions through the mobile platform and has a Pan-India presence in more than 5,000 metros, cities, and towns.
The Asia InsurTech Podcast spoke with Dhirendra Mahyavanshi, a co-founder of Turtlemint, about how to increase insurance penetration in India and bring insurance to tier two and tier three cities. Turtlemint is one of the early InsurTechs in India...