Partnership Overview

On 12 November 2026, FatakSecure announced a strategic partnership with Zurich Kotak General Insurance Company (India) Limited, under which FatakSecure will serve as a Corporate Agent to distribute Zurich Kotak’s affinity and motor insurance solutions through its digital platform. The collaboration is intended to broaden the reach of insurance products via digital channels and to explore further opportunities in retail and embedded insurance.

Roles and Offerings

  • FatakSecure’s role: Act as a Corporate Agent, leveraging its API‑driven insurtech platform to embed Zurich Kotak’s products into the customer journeys of digital NBFCs, lending platforms, fintechs, e‑commerce, quick‑commerce, gig‑economy and rider platforms.
  • Zurich Kotak’s contribution: Provide a suite of non‑life insurance products, underwriting expertise, and support for the development of customer‑centric offerings, aiming to create a seamless digital experience.
  • Joint initiatives: Both parties will identify synergies to enhance customer reach, and will jointly assess expansion into retail and embedded insurance models.

Executive Comments

  • Bikash Chaudhary, CEO of FatakSecure, stated that the partnership marks a milestone in making financial protection solutions more accessible through a seamless digital experience and will help co‑create customer‑centric solutions that address evolving protection needs.
  • Birendra Mohanty, Chief Business Officer of Zurich Kotak General Insurance, emphasized the commitment to “Insurance for All by 2047” and highlighted that combining Zurich Kotak’s risk expertise with FatakSecure’s digital platform will deliver superior solutions.

About FatakSecure

FatakSecure is a subsidiary of FatakPay Digital and is licensed as a Composite Corporate Agent to solicit and sell insurance products. The platform enables digital businesses to embed tailored insurance products via robust API integrations, digital dashboards, automated MIS, and seamless financial reconciliation. It partners with digital NBFCs, lending platforms, fintechs, e‑commerce, quick‑commerce, and gig‑economy entities to simplify insurance distribution.

About FatakPay

FatakPay, based in Mumbai, is a fintech platform offering instant loans up to ₹20,000, personal loans up to ₹5 lakh, affordable insurance, credit‑building tools (FatakUdaan), and digital investment options such as gold and silver. It operates through its subsidiaries FDPL Finance Pvt. Ltd. (an RBI‑registered NBFC) and FatakSecure, adhering to IRDAI guidelines. The company was founded by Ajit Kumar, Abhishek Gandhi (co‑founders of RupeeCircle), Amit Lodha, and Amit Goyal.

About Zurich Kotak General Insurance

Zurich Kotak General Insurance Company (India) Limited is a 70:30 joint venture between Zurich Insurance Group and Kotak Mahindra Bank. The entity adopted its current name in August 2024 after Zurich acquired a 70 % stake in Kotak Mahindra General Insurance. Established in 2015, it is among the youngest and fastest‑growing non‑life insurers in India, offering a comprehensive suite of retail and commercial non‑life insurance products backed by Zurich’s global legacy and Kotak’s trusted brand.

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