Market Opportunity

Automate LIC/insurance agent policy renewals, commission tracking and reminders targets a $600M = 2,000,000 insurance agents × $300 ACV total addressable market with medium saturation and a year-over-year growth rate of 12% YoY growth (InsurTech and SMB SaaS adoption trends in India, per industry reports and IRDAI digital initiatives).

Key trends driving demand: Shift to digital distribution — insurers and agents increasingly use mobile tools and digital channels for sales and renewals, creating demand for mobile-first agent tools.; WhatsApp and SMS automation adoption — agents prefer WhatsApp workflows for client communication, enabling integrated reminder and engagement features.; Insurer digital reporting — more insurers provide electronic commission statements and APIs, which allows automation of reconciliation and faster payouts.; AI-enabled automation — OCR and NLP improvements let software extract commission details and summarize statements, reducing manual bookkeeping for agents..

Key competitors include Insly, Zoho CRM, AgencyBloc.

Automate LIC/insurance agent policy renewals, commission tracking and reminders

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