Overview
Cover360 is an online insurance brokerage serving individual consumers in India, operating under the brand cover360.in and licensed by the Insurance Regulatory and Development Authority of India (IRDAI) as a composite insurance broker (License No. 332, valid through July 2027). The parent entity, Worldwide Insurance Brokers Limited, was incorporated in 1995 and has since transitioned to a digital retail model.
The platform aggregates products from 16 or more insurance carriers, enabling consumers to compare, purchase, and renew health, motor, travel, and term life policies through a single web portal. A centralized digital policy repository -- referred to as Online Docket -- allows customers to store and manage all their insurance documents in one place, with 24/7 claim support and policy renewal reminders. As of 2024, the platform had served more than 100,000 individual customers.
Cover360 distributes insurance directly to consumers through its web portal and mobile applications, available on both iOS and Android. The company targets digitally active buyers who prefer to research and purchase insurance online without intermediary agents.