Go Insure India
GoInsureIndia.com was founded by Two Visionary Leaders—Yogesh Sharma and Mangat Dhiman—who aimed to revolutionize the insurance sector in India. Recognizing a gap in customer needs, they created GoInsureIndia.com to provide transparent, efficient, and personalized insurance solutions. Their vision is to make insurance simple, accessible, and customer-centric, especially for the younger generation looking for innovative solutions.

History of Insurance in India
This comparison highlights key differences between private and public insurers, aiding customers in making informed decisions based on their specific needs and preferences.
Early Beginnings
The concept of insurance in India dates back to ancient times, with evidence of risk management practices found in the Manusmriti, Dharmashastra, and Arthashastra. These texts mention pooling resources to be used during calamities such as fire, floods, epidemics, and famine. However, the modern era of insurance in India began with the establishment of the Oriental Life Insurance Company in 1818 in Calcutta (now Kolkata), which was the first insurance company in India.
Pre-Independence Era
The Indian insurance sector witnessed significant growth during the 19th century. By the end of the century, several insurance companies had been established. Some notable names include:
- Bombay Mutual Life Assurance Society (1870): This was the first native insurance company to cover Indian lives.
- Oriental Government Security Life Assurance Company (1874)
- Bharat Insurance Company (1896)
- United India Insurance Company (1906)
- National Insurance Company (1906)
- Indian Mercantile Insurance (1907)
- Swadeshi Life (later Bombay Life) (1910)
The pre-independence period also saw the establishment of the Insurance Act of 1938, which brought stringent state control over the insurance business. This Act provided a framework for insurance regulation in India, including provisions for licensing, operations, investments, and management of insurance companies.
Nationalization of Life Insurance
In 1956, the government merged 245 Indian and foreign insurers and provident societies into one nationalized entity called the Life Insurance Corporation of India (LIC). This was a landmark event aimed at spreading life insurance widely across the country, particularly in rural areas. The LIC Act of 1956 was passed by the Parliament of India, giving LIC a monopoly over life insurance in India.
Under this Act, 107 insurers were amalgamated and grouped into four companies
- National Insurance Company Ltd.
- New India Assurance Company Ltd.
- Oriental Insurance Company Ltd.
- United India Insurance Company Ltd.
These companies were under the supervision of the General Insurance Corporation of India (GIC), which was also established by the Act.
Incorporation of IRDA
The Insurance Regulatory and Development Authority (IRDA) was incorporated as a statutory body in April 2000. The primary objective of IRDA is to protect the interests of policyholders, regulate, promote, and ensure orderly growth of the insurance industry. The IRDA Act of 1999 laid down the framework for the opening of the insurance market to private players.
Privatization and Entry of Private Players
Following the establishment of IRDA, the insurance sector was opened up to private and foreign companies. This led to the entry of numerous private insurance companies in the Indian market, fostering competition and innovation. Some of the key private players that entered the market include ICICI Prudential, HDFC Standard Life, Max Life, and Bajaj Allianz, among others.
The privatization of the insurance sector has resulted in increased penetration, product diversification, and improved customer service standards.
Current Landscape of the Insurance Sector in India

Role of Insurance Broker
Key Statistics of Insurance Broker Market Share. Market Share of Brokers:
Non-Life Insurance Segment
Public Sector (PSU)
30%of annual insurance business
Private Sector
43%of annual insurance business
Life Insurance Segment
Retail Life Insurance
3.07%Group Life Insurance
1.67%Health Insurance Segment
Group Health Insurance
48%Retail Health Insurance
8%+Overall Health Insurance
28%Registered Brokers:
665 insurance brokers registered with IRDAI as on June 2024
Team
We are a team of well organized professionals who believes that supporting each other professionally is the key to the organizational success and social well being.

LIFE @ GoInsureIndia.com
Life at Go Insure India is dynamic and growth-focused, fostering innovation, collaboration, and customer-centricity. A supportive environment empowers employees to excel, drive change, and revolutionise the insurance sector in India.
Career Flexibility through Role Shifting
Competitive Compensation Packages
Flexible Working Hours
Incentive-Based Rewards
Five-Day Work Week
Comprehensive Insurance Coverage
Continuous Learning and Development
Collaborative Work Environment
Insurance & Wellness Programs for Employees
Modern Office Facilities
Community Involvement and CSR Initiatives
At GoInsureIndia.com, we strive to create an environment that not only attracts top talent but also nurtures and retains them by providing a supportive, flexible, and rewarding workplace.
Interested candidates may connect with us as follows:
- Email your resume at hr@goinsureindia.com
- Connect with us at social/professional media platform at these links

LIFE @ GoInsureIndia.com
Career Flexibility through Role Shifting
We practice role shifting in the early career stages, allowing colleagues to explore various roles and find their best fit. This flexibility helps individuals build a career in a subject or profile they are passionate about. This approach is inspired by aspects of Japanese work culture, where flexibility and adaptability are increasingly valued to enhance career mobility and work-life balance.
Competitive Compensation Packages
GoInsureIndia.com offers highly competitive salary packages across all departments and profiles, ensuring our employees are well-compensated for their expertise and contributions.
Flexible Working Hours
We provide flexible working hours and the option to work from home in contingent situations, both for short-term and long-term periods, promoting a healthy work-life balance.
Incentive-Based Rewards
To incentivize quality and efficient results, we offer variable incentives over and above the fixed salary package, recognizing and rewarding outstanding performance.
Five-Day Work Week
Our work schedule runs from Monday to Friday, allowing employees to enjoy their weekends and maintain a healthy work-life balance.
Comprehensive Insurance Coverage
We provide complimentary health insurance, life insurance, and personal accidental insurance for all employees, at no cost to them, ensuring their financial security and peace of mind.
Continuous Learning and Development
We invest in the continuous learning and development of our employees through training programs, workshops, and certifications, helping them stay ahead in their careers.
Collaborative Work Environment
GoInsureIndia.com fosters a collaborative and inclusive work environment where everyone's ideas are valued, and teamwork is encouraged.
Insurance & Wellness Programs for Employees
We prioritize the health and wellness of our employees by offering comprehensive health insurance, life insurance, personal accidental insurance, wellness programs, and regular health check-ups.
Modern Office Facilities
Our offices are equipped with modern facilities and the latest technology, providing a comfortable and productive work environment.
Community Involvement and CSR Initiatives
We believe in giving back to the community. GoInsureIndia.com actively participates in corporate social responsibility (CSR) initiatives and encourages employees to engage in community service, fostering a sense of purpose and social responsibility.