Roinet Insurance Brokers launches motor insurance platform, targets ₹100 crore GMV by FY27

Two-wheelers account for 75 per cent of policies issued on the platform, followed by private cars at 15 per cent and commercial vehicles at 10 per cent.

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Roinet Insurance Brokers has launched Roinet Kavach, a motor insurance platform aimed at expanding insurance access and strengthening last-mile distribution through its network of point-of-sale persons (POSPs).The company said it expects 2.5 to 3 times growth over the next six to twelve months and is targeting a gross merchandise value (GMV) of ₹100 crore by FY27. Motor insurance is expected to contribute about 35 per cent of revenue.

The platform is supported by more than 70,000 rural touchpoints, with about 65 per cent of customers being first-time insurance buyers. The company said early adoption has been strongest in Uttar Pradesh, Bihar, Rajasthan, Maharashtra and Tamil Nadu, while states in the north-east are emerging as potential markets.

Platform features and partnerships

Roinet Kavach allows POSPs to generate quotes, compare premiums across insurers and issue policies through a mobile-based interface. The platform is designed to operate in low-bandwidth environments.

The platform currently integrates insurers including ICICI Lombard, Chola MS, SBI General Insurance and Go Digit.

According to the company, two-wheelers account for 75 per cent of policies issued on the platform, followed by private cars at 15 per cent and commercial vehicles at 10 per cent.

For the 1,000 POSPs using the platform, the company said features such as commission transparency, vernacular support, integrated renewals and claims assistance provide an additional source of income ranging from ₹2,000 to ₹10,000 per month.Rahul Mathur, Chief Executive Officer, 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.”The company said its technology roadmap includes telematics-based risk scoring, electric vehicle insurance products and usage-based pricing models in partnership with insurers, which will be introduced in phases.