Digit Insurance
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About Digit Insurance
Let’s talk about bread!
The way we know it today, sliced form, was not how it was a century ago. It had to be knifed, torn, or bitten off from the loaf itself. Complicated, right? Especially now that you can easily toast a slice. Pop, so simple!
But why are we talking about bread? Because insurance today is very much like that unsliced loaf of bread; cumbersome and unnecessarily complicated. Most consumers have a lack of understanding of what product is right for them, and claim settlement is a long, tedious process where paperwork and fine print make the entire experience unpleasant. Aargh, someone get us a knife here!
We’re simplifying insurance products so that even a 15-year-old can comprehend them.
We believe this can be changed; the way insurance products are viewed, purchased, and claimed. Simply put, we are here ‘To Make Insurance Simple.’
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Compare Digit Insurance with Similar Companies
Change Company | Change Company | Change Company | ||
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Overall Rating | 4.0/5 based on 991 reviews | 3.7/5 based on 4.3k reviews | 3.6/5 based on 3.3k reviews | 3.8/5 based on 195 reviews |
Highly Rated for | Skill development Job Security Company culture | No highly rated category | Salary & Benefits | Salary & Benefits |
Critically Rated for | No critically rated category | Promotion/Appraisals Work Satisfaction | Work-Life balance Company culture Work Satisfaction | No critically rated category |
Primary Work Policy | Work from office 84% employees reported | Work from office 83% employees reported | Work from office 84% employees reported | Work from office 75% employees reported |
Rating by Women Employees | 3.9 Good rated by 226 women | 3.5 Good rated by 946 women | 3.7 Good rated by 812 women | 3.7 Good rated by 47 women |
Rating by Men Employees | 4.1 Good rated by 704 men | 3.8 Good rated by 3.1k men | 3.5 Good rated by 2.3k men | 3.9 Good rated by 134 men |
Job Security | 4.0 Good | 3.7 Good | 3.3 Average | 3.7 Good |
Digit Insurance Salaries
Software Engineer
Senior Associate
Deputy Manager
Senior Software Engineer
Business Analyst
Junior Associate
Management Trainee
Graduate Engineer Trainee (Get)
Relationship Manager
Software Developer
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FTSE Rejig: Bharti Hexacom, Go Digit General Insurance Join Ranks
- The FTSE stock rejig, set to take effect on Dec. 23, 2024, will include two new additions— Bharti Hexacom Ltd. and Go Digit General Insurance Ltd.
- Major BFSI players like ICICI Bank Ltd., Kotak Mahindra Bank Ltd., and Bajaj Finance Ltd. will see inflows of $310 million, $118 million, and $66 million, respectively.
- Adani Green Energy Ltd., Mahindra & Mahindra Ltd., and Shriram Finance Ltd. will face outflows of $48 million, $38 million, and $27 million, respectively.
- Shares of Go Digit were trading 4.18% up, while Bharti Hexacom saw a marginal increase of 0.92% in early trade.
BSE, NSE impose fine on Go Digit
- BSE and NSE have imposed a fine on Go Digit General Insurance for failing to submit certain disclosures on time.
- The company will have to pay Rs 5,000 to the exchanges for not submitting XBRL submission of related party transactions for the half year ended September 30 within the stipulated time.
- Go Digit General Insurance, listed on Indian stock exchanges, provides insurance products across health, travel, and vehicle segments.
- The company reported a 3.2x surge in year-on-year profits in Q2 FY25, with total income increasing by 16.43%.
LIC To Go Digit: Insurance Stocks Gain As Finance Ministry Proposes 100% FDI
- Shares of insurance companies in India advanced after the Finance Ministry proposed to raise the foreign direct investment limit to 100% from 74% earlier.
- The net-owned fund's requirement for foreign re-insurers is proposed to be reduced to Rs 1,000 crore from Rs 5,000 crore earlier.
- The proposed amendments primarily focus on promoting policyholders' interests, enhancing the financial security of the policyholders, and enabling ease of doing business among others.
- Shares of New India Assurance Co. rose the most followed by Life Insurance Corp. of India and Go Digit General Insurance Ltd.
Go Digit Shares Fall Nearly 6% Intraday
- Shares of Go Digit General Insurance slumped 5.7% during intraday trade to touch INR 313 apiece.
- Go Digit's shares have been on the decline for the fourth straight session.
- The decline in Go Digit's stock comes at a time when new age tech stocks have been losing heavily.
- Go Digit posted strong second quarter results, with profit after tax soaring 221% and total gross written premium rising 14.2%.
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