Roinet Solution has launched an AI-powered InsurTech platform aimed at transforming insurance distribution across India. The company is targeting ₹500 crore in insurance premiums and 1 lakh policies by FY28 across six insurance categories.
The platform aims to enable more than 10,000 partners across 22 states, over 741 districts and 4,581+ cities, with a focus on expanding insurance distribution across Tier-2, Tier-3 and rural markets.
Platform Focuses on Technology-Enabled Insurance Entrepreneurs
At the core of Roinet’s platform is its focus on transforming the traditional Point of Sales Person (POSP) from a salesperson into a technology-enabled insurance entrepreneur.
While insurance technology has largely focused on digitising the buying process, Roinet is focusing on digitising the person responsible for selling, explaining and servicing insurance.
Platform Brings Insurance Sales and Servicing Tools Together
The platform brings together capabilities covering multiple stages of the insurance journey. These include customer profiling, real-time product comparison, technology-enabled recommendations, proposal assistance and policy issuance.
It also provides renewal tracking, claims support and customer servicing capabilities, allowing POSPs to manage activities beyond the initial sale.
Recommendation Engine Helps POSPs Compare Policies
Roinet’s recommendation engine analyses factors including age, gender, PIN code, pre-existing conditions, tenure and riders to recommend suitable policies.
The system is designed to help POSPs make more informed recommendations while enabling customers to select insurance cover aligned with their needs.
Free Training and Certification for POSPs
Roinet plans to provide POSPs with free training and certifications, along with marketing resources, business analytics, income visibility and dedicated advisory support.
The company aims to support individuals across different stages of building their insurance business, from obtaining certification through sales and post-sales servicing.
Partner Dashboard Provides Real-Time Business Visibility
The platform’s partner dashboard will provide real-time visibility into leads, policies, commissions and customer volumes.
This is intended to give partners access to information related to their insurance business through a single dashboard.
Roinet Targets 10,000+ POSPs Across India
Roinet plans to onboard more than 10,000 POSPs and resellers and work with insurance providers across India. The platform will cover life, health and motor insurance.
The company is targeting ₹500 crore in insurance premiums by FY28, along with a goal of reaching 1 lakh policies.
Focus on Tier-2, Tier-3 and Rural Insurance Distribution
With its planned network across 22 states, more than 741 districts and 4,581+ cities, Roinet is focusing on expanding insurance distribution beyond major urban markets.
The platform’s approach combines technology-enabled tools, partner training and insurance servicing capabilities to support its planned expansion across Tier-2, Tier-3 and rural markets.
Leadership Comment
Commenting on the launch, Sameer Mathur, Managing Director and Founder, Roinet Solution, said: “India doesn’t just need more insurance products; it needs better-equipped people who can help customers discover, understand and choose the right cover. We are using technology to give POSPs the infrastructure to build an insurance business, not just sell a policy. By combining AI, product intelligence, training and end-to-end support, our aim is to give customers greater confidence that they are buying the right cover for the right need.”
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