Roinet Insurance Brokers, a licensed direct insurance broker, has launched Roinet Kavach, a motor insurance platform to accelerate first-time insurance adoption and strengthen last-mile distribution through its POSP network. The company expects 2.5X–3X growth over the next 6–12 months and is targeting a GMV of 100 crore by FY27, with motor insurance projected to contribute 35% of revenue. Backed by 70,000+ rural touchpoints and with 65% first-time buyers, early traction is strongest in UP, Bihar, Rajasthan, Maharashtra, and Tamil Nadu, while North-eastern states are emerging as high-potential markets.
Designed for speed, simplicity, and trust, Roinet Kavach enables POSPs to generate quotes, compare premiums across insurers, and issue policies within 3 minutes, on a mobile-first interface built to work even in low-bandwidth environments. The platform currently integrates ICICI Lombard, Chola MS, SBI General, and Go Digit, with real-time multi-insurer pricing from day one. Two wheelers account for 75% of policies issued, followed by private cars making for 15%, and commercial vehicles, 10%.
For the 1,000 POSPs on the platform, most of them operating in rural and semi-urban India, Roinet Kavach is more than just a distribution tool. Transparent commissions, vernacular support, integrated renewals, and real-time claims assistance create a new income stream of ₹2,000 to ₹10,000 per PSOP per month.
Commenting on the launch, Rahul Mathur, CEO of Roinet Insurance Brokers, said, “Roinet Kavach solves a real and persistent distribution gap in motor insurance by ensuring transparency, efficiency, and accessibility for millions of Indians who have never availed a policy before. By placing the right digital tools in the hands of our last-mile POSPs, who are our backbone, we are strengthening insurance reach in underserved markets and helping build financial resilience in regions the industry has long overlooked. It is a win-win for both the end customer and our POSPs.”
Looking ahead, Roinet’s technology roadmap includes telematics-based risk scoring, electric-vehicle-specific insurance products, and usage-based pricing models in partnership with select insurers. These will be rolled out in phases as supporting insurer integrations and regulations evolve.
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