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PolicyVentSmart Insurance

Press & Media

Latest releases, milestones, and media-kit downloads. For interview requests, reach out to our PR desk.

Recent press releases

Funding

Series-D extension at $750M valuation; lead investor doubles position

Existing investors lead a $40M extension round. Funds earmarked for AI-led claim processing and Tier-3 expansion.

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Milestone

Crosses 75 lakh active customers; women buyers now 38% of new policies

Term-life uptake among women has tripled in 24 months. Average sum insured for female buyers up 22% YoY.

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Product

Launches AI-Auto Claim — settles motor own-damage claims in under 6 hours

Computer vision assesses damage from customer-uploaded photos; first launch with three motor insurer partners.

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Report

Annual Trust Report: 99.5% claim settlement rate, average wait 9.4 days

Independent audit covers 4.1 lakh claims processed in FY25-26. Health and motor claim ratios both improved YoY.

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Expansion

Opens new claims-support centre in Pune; 600 jobs over 18 months

Pune centre brings claim handling closer to West-zone customers. Hiring focused on tier-2 cities and women returners.

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Media coverage

Economic Times

PolicyVent leads charge in making insurance accessible to tier-2 India

10 Apr 2026

Mint

How AI is cutting claim settlement time in half at PolicyVent

22 Mar 2026

Forbes India

The $750M insurer of the masses — inside PolicyVent's growth playbook

28 Feb 2026

Business Today

Women buying more term life: PolicyVent data reveals a behavioural shift

15 Jan 2026

Livemint

IRDAI norms, digital push set to reshape insurance distribution in India

20 Dec 2025

CNBC-TV18

InsurTech winners of 2025 — PolicyVent tops the list

30 Nov 2025