Frequently Asked Questions

Riskcovry enables insurance anywhere by providing a powerful unified API that enables organizations to distribute insurance over multiple channels. Our fully stacked SAAS platform is a one-stop shop for every business wanting to distribute insurance- by providing Insurance Products, Tech, and Compliance licenses as a service.

Riskcovry is a SaaS platform that enables the insurance distribution business. Our API combines 75+ insurance products from 35+ insurers so that you can simply plug it into your existing business.

We serve businesses looking to distribute insurance to their end-user customers.

No. Riskcovry does not sell insurance. We build the technology that enables insurance distribution business without the traditional overhead of building teams/tech/license/processes, etc. As a B2B2C model, we do not reach out to customers directly and create no channel conflict. We like to be the force behind the brand.

We cater to any business with a consumer base to sell insurance to their existing customers. We are currently serving over 10 industries such as Banks, Insurers, NBFCs, Insurance brokers, E-commerce companies, etc.

No. Riskcovry is Insurer/Product/Channel/Device/Compliance-license agnostic. This allows any business to use Riskcovry's API and SaaS technology to enable insurance in their current module.
You can either use your UI or our templates and customize to white label them, so there is no change in your existing customer journey. You may also use our ready-made templates/API to plug into your current user journey.

Yes. The insurance purchase journeys can be customized to carry your logo and look and feel. Choose from over 20 ready-to-use templates that can be white-labeled to reflect your brand aesthetics.

Yes. We currently offer 75+ insurance products from 35+ insurers with one unified API.

Riskcovry offers 75+ insurance products ranging from:

  • Retail Insurance products: Like Motor, Health, Travel, and Asset insurance
  • Sachet Insurance products: Group Products like standalone COVID-19 insurance products, Daily hospital Cash benefits, etc.
  • Group Insurance Products: Products like Group Medical Insurance
  • Credit Linked Insurance: products offered to borrowers to safeguard both lenders and borrowers. All insurance solutions provided to any loans underwritten by Life, Health, and General
  • Business and Home Insurance: Insurance solutions for Homes and SMEs to protect their Property, Assets, Valuables, Electronics, Money, Liability, etc.
  • Life insurance products

Yes, we have developed a low-code solution for you to test out different insurance combo solutions across channels. We also provide API documentation for you to test out the APIs in a UAT environment. You can check out our API docs here <>

Primarily, there are 3 distribution channels for Riskcovry: DIY, Assisted, and Embedded. We cater to both mainstream partners, i.e., partners who already have the license to distribute insurance, and alternate side partners, i.e., partners who currently do not have the required licenses.

Riskcovry follows ISNP standards. We are in the process of implementing ISO 27001.

While the TAT would largely depend on the complexity of the model, API integration (ready-made journey) could take about 1-2 weeks, and Retail products could take about 2-3 weeks for end-to-end integration.

Yes, you can create a seemingly endless number of combos of insurance products with our APIs.

Yes, you can. Due to our insurer agnostic process,  Riskcovry's team of insurance veterans can help you choose the insurer while the final choice rests with you.