IMT Care

Disrupting Indian Insurance space by empowering distrubutors

IMT Care is active in the healthcare space based in MH, India, founded in 2021.

Profile

India’s insurance market is filled with bygone products, which do not cater to 95% of the market's demand for specific products such as illness-specific insurance, primary care with insurance, and surgical insurance to name a few.

We, at IMT, aim to target this white space by creating innovative products that fulfill this new demand by empowering the agents. Agents are the largest insurance distribution channel in India and cover 85% of the premium collection.

Agents collect 20B premium every year. With a 5% take rate, it’s a 1B dollar market opportunity growing at 22% CAGR.

Kunal has 15+ years of experience working with insurance companies and building agent networks, while he scaled his brokerage business to 3M dollars in revenue. Rachit has 12+ years of experience in building tech products, he was a founding engineer at Payu (stripe of India).

The company sits in the healthcare segment, where it competes on its core product or service.

Its base of operations is MH, India.

Its current recorded stage is Winter 2022.

Its team size is recorded as 23 employees.

Website: www.imt.care