CarDekho's parent Girnar Soft has received a licence from the Insurance Regulatory and Development Authority (IRDA) to launch an auto insurance vertical. The vertical named as 'Girnar Insurance Brokers' will provide insurance buying, locate cashless services garages, settle claims and offer documentation to car owners. Girnar Insurance Brokers will be launching an app that will understand the risk profile of a user and advise them on buying a policy. The company has tech integrations with partner insurance companies such as Iffco Tokio General Insurance, HDFC Ergo, Royal Sundaram, Universal Sompo and New India General Assurance to make customized policies and will enable an instant purchase. The company said it will use proprietary systems to reduce the turnaround time in claims settlement from 5-7 days to 2-3 days. It also has a 24/7 helpdesk to explain insurance parameters and select add-on…
