IMT Care

IMT Care is addressing a significant gap in the Indian insurance market. Current insurance offerings often fail to meet the specific needs of a large segment of the population, particularly concerning illness-specific coverage, primary care integration, and surgical insurance options. IMT Care aims to bridge this divide by developing innovative insurance products tailored to these unmet demands, with a strategic focus on empowering insurance agents. In India, agents represent the dominant distribution channel, responsible for approximately 85% of all premium collections. This represents a substantial market opportunity, with agents collecting $20 billion in premiums annually. A 5% commission rate translates to a $1 billion market, exhibiting a compound annual growth rate of 22%. The founding team brings extensive experience to the table. Kunal possesses over 15 years of experience in the insurance sector, specializing in building and managing agent networks. Rachit has over 12 years of experience in building tech products, he was a founding engineer at Payu (stripe of India).