Turn every transaction into protection — and protection into revenue.
A delayed flight. A hospitalised borrower. A Diwali shipment lost in transit. The moment it happens, your customer thinks: "I wish I had cover." Riscover enables platforms to embed contextual insurance at the exact transaction moment — seamlessly within the user journey — unlocking a new revenue layer while improving customer trust.
The HubThe opportunity isn't demand. It's placement.
Insurance isn't ignored.
It's missed at the moment it matters.
The biggest barrier to insurance adoption in India is not price — it is the belief that claims may not be honoured. When a payout lands in a customer's account within 24 hours, automatically, without a form or a phone call, that single experience changes their relationship with insurance permanently. The platform that makes this happen owns that customer for life.
The Scale of the Gap
These are not hypothetical numbers. They are losses your customers are absorbing right now — because the protection product was available but nobody surfaced it at the transaction moment.
A family books a non-refundable holiday — flights, hotel, transfers. Father is hospitalised two days before departure. ₹45,000 gone. No claim possible, because nobody offered cancellation cover at checkout. The insurance product existed. The insurer was willing. The checkout flow simply didn't surface it.
An MSME owner takes a ₹12 lakh loan. Six months in, a cardiac event. Four months off work. EMIs default. Recovery agents call. The loan becomes an NPA. His CIBIL score drops 50–100 points per missed payment. His family inherits a burden he never intended to leave them.
A D2C brand ships 800 festive orders. 38 arrive damaged, 12 are lost. Carrier liability covers ₹500 per parcel — actual value ₹3,000–8,000. Over 50% of carrier claims are rejected outright. Total loss: ₹1.5 lakh in one week. The seller didn't refuse insurance. The workflow never offered it.
Three things. Done exceptionally well.
We identify value creation opportunities across your platform — revenue building, competitive gap analysis, customer journey digitisation, and AI-native sales enablement — all through a single embedded insurance engagement.
Identify the Gap
We analyse what your platform offers against your nearest competitors — and what your customers need but aren't getting. We arrive at the first meeting with insight, not a brochure.
Design the Product
We work with insurers to create products that address latent needs — protection your customers didn't know they needed until the moment it activated and paid out.
Test, Refresh, Scale
We continuously test and refresh embedded insurance in partnership with you — measuring attachment rates, optimising triggers, evolving the product to build a genuine revenue line.
Eight industries. Eight unprotected transaction moments.
One architecture that fixes all of them.
Each industry below has a specific point in its customer journey where risk is highest and attention is most engaged — and where no protection is currently offered. That is the moment Riscover targets. Click any card to see the exact revenue opportunity in your sector.
Airlines
10 lakh+ passengers hit by cancellations in Dec 2025. Automatic PNR-triggered payouts and CFAR as a card exclusive reverse that booking FOMO.
Learn more →Hotels & Hospitality
Stay cancellation at booking for ₹199 makes the refund conversation — and the 1-star review — unnecessary.
Learn more →NBFCs & Fintechs
EMI protection at disbursement — ₹150/month, auto-deducted — clears the balance on diagnosis. Builds trust that outlasts the loan.
Learn more →OTAs & Travel Platforms
Leading OTAs are embedding full protection suites. The platforms that haven't are losing customers on feeling, not price.
Learn more →Card Issuers
40–60% of premium card fees are waived because "I never felt the benefit." A bundled suite — trip cancellation, CFAR, balance protection, fraud cover — changes that conversation permanently.
Learn more →Mobility & Ride Platforms
Road accident cover at onboarding costs a rounding error against driver acquisition spend — and keeps drivers on platform permanently.
Learn more →Logistics & Supply Chain
Carrier liability covers ₹500/parcel; goods worth ₹3,000–8,000. Cargo insurance at the dispatch webhook closes this gap entirely.
Learn more →Green Finance & Solar
Asset protection and solar panel damage cover at loan disbursement is not a cross-sell — it is responsible lending for the climate era.
Learn more →From first conversation to live transactions in weeks, not quarters
A single API integration on your transaction event is the entire technical surface. We manage everything else — product design, insurer placement, IRDAI compliance, claims fulfilment, and continuous optimisation.
Gap Analysis & Product Design
We assess your current insurance against competitors and customer needs. Coverage architecture agreed with your product and risk teams.
Insurer Placement & Compliance
Multi-insurer product placement, IRDAI group policy structuring, regulatory compliance, and commercial terms finalised. No new obligations for you.
API Integration & Sandbox
Single webhook on your transaction event — booking confirmation, loan disbursement, or purchase trigger. Sandbox tested rigorously before any go-live.
Launch, Measure & Optimise
Live on transactions. Attachment rate analytics, benefit utilisation tracking, and quarterly product refresh cycles. Insurance becomes a living revenue line.
Four coverage families. One embedded architecture.
Every product is an IRDAI-compliant group policy — activated at the transaction event, fulfilled automatically, no individual underwriting. Each family below maps to a specific set of platforms and a specific unprotected moment in their customer journey.
Turn every booking into a protected booking — and a reason to return.
- Flight Delay Compensation
- Cancel for Any Reason (CFAR)
- Trip & Stay Cancellation Cover
- Baggage Delay & Loss
Protect the loan relationship at the moment it is most at risk.
- EMI & Balance Protection
- Income Loss & Critical Illness Cover
- Road Accident Income Cover
Give cardholders a reason to renew — one that actually pays out.
- Annual Trip Cancellation & CFAR
- Balance & Credit Protection
- Fraud & Unauthorised Transaction Cover
- Life & Accidental Death Benefit
Automatic payouts triggered by verified events — no claim form, no adjuster.
- Cargo & Transit Insurance
- Solar Panel Damage Protection
- Weather Event Protection
17 products across 8 industries — each mapped to a specific transaction moment, a specific customer need, and a specific revenue opportunity for your platform.
Explore the full Product Suite →The numbers that matter
Outcomes platforms achieve when protection is embedded at the right moment with frictionless fulfilment — the exact approach Riscover brings to every engagement.
Sources: PYMNTS Embedded Insurance Report, bolttech, Qover, Cover Genius, and global embedded insurance benchmarks.
See how embedded insurance fits your transaction flow
Select your industry, walk through a real transaction journey, and see exactly where protection fits — and what it generates.
What is the revenue potential in your platform?
Revenue potential from embedded insurance varies significantly by transaction volume, product type, customer segment, and attach rate. We build a bespoke model for each platform — based on your actual data — and share it as part of our first commercial conversation.
Transaction Volume Analysis
We model potential based on your actual monthly transaction volume across relevant product categories.
Attach Rate Benchmarks
Industry-specific attach rate data drawn from live deployments — not theoretical projections.
Custom Revenue Model
A tailored projection built for your platform, shared post-meeting as a leave-behind for internal review.
Revenue estimates are indicative and depend on product design, pricing, placement, and customer adoption. All projections are shared privately and are specific to your platform context.
Request Your Revenue Model →Not another TSP. Not another broker.
Something genuinely different.
We are the only player in India's embedded insurance ecosystem combining the insight to identify the right protection product for your customer segment, the design capability to build it, and the ongoing optimisation to grow attachment rates continuously.
Insight-Led, Not Pitch-Led
We bring a portfolio-level gap analysis to the first meeting — not a brochure. Your product team sees specific competitive gaps and revenue opportunities before we discuss a single product.
Transaction-Native Activation
Our products activate at the card transaction or disbursement event — not on a separate enrolment flow. The benefit exists because the transaction happened. This is the fundamental design difference.
Embedded Within Your Brand Journey
All notifications, delay alerts, and payout confirmations are embedded within your customer journey — aligned to your brand experience, with full insurer transparency. Customers associate the protection with your platform.
Single API, 4–6 Week Go-Live
One integration point on your transaction event. Sandbox tested. No rebuild of core systems. Typically live within four to six weeks of the first technical conversation.
IRDAI-Compliant, Zero Regulatory Burden
All products structured as group policies. No new IRDAI registration required. Riscover holds the insurer relationship, regulatory structuring, and claims management — entirely.
Insurer-Agnostic, Multi-Underwriter
We work with multiple underwriters. No single-insurer lock-in. Best terms, best product, best fit — negotiated and managed by Riscover on your behalf, continuously.
Where Riscover sits in the insurance value chain
Insurers manufacture products. Brokers distribute them. Technology providers build the integration layer. But nobody is designing which product belongs at which transaction moment, for which customer segment — and then optimising it continuously. That is the layer Riscover adds.
| Entity | What They Do | What's Missing | Where Riscover Fits |
|---|---|---|---|
| Insurance Companies | Manufacture and underwrite products. Bear the risk. Regulated by IRDAI. | No distribution-level product design. Products are generic, not tailored to specific platform segments or journeys. | Riscover designs the product specification and places it with the right insurer. The insurer underwrites; we architect. |
| Corporate Agents & Brokers | Distribute insurance products on behalf of insurers. Regulated intermediaries. | Focus on selling what exists, not designing what should exist. No competitive intelligence or continuous optimisation. | Riscover works alongside or through brokers — bringing the product strategy and gap analysis they don't. |
| Technology Service Providers | Provide the API and technology layer connecting insurers to distribution partners. | Infrastructure-first, not insight-first. They enable embedding but don't determine what to embed, for whom, or why. | We work on top of existing technology infrastructure or bring our own. The value is in what gets embedded and how it's optimised. |
| Riscover We Are Here | Embedded insurance product design, competitive gap analysis, insurer placement, regulatory structuring, and continuous optimisation. | — | The strategic layer connecting platforms to the right insurance products at the right moment — designed around their specific competitive context. |
Two kinds of partners. One shared outcome.
Riscover sits at the centre of a two-sided ecosystem — platforms that want to offer protection, and insurers that power it. We connect both, design the product layer between them, and take accountability for the outcome.
Platforms & Programmes
You have the customers, the transaction moment, and the brand trust. We bring the protection product that makes your platform more valuable — without requiring you to build an insurance function from scratch.
Insurers & Insurtechs
You have the licences, the risk appetite, and the claims infrastructure. We bring distribution reach, product design capability, and platform integrations that make embedded insurance commercially viable at scale.
Brokers & Consultants
You are advising clients on product innovation, loyalty redesign, or risk strategy. Riscover brings a tangible embedded insurance capability to your client conversations — as a co-delivery partner, not a competitor.
Riscover is a growth venture of Arcstone Growth LLP — a specialised venture builder at the intersection of financial services, technology, and distribution. Founded by Jasmeet Arora and Gagan Kochar, with 50+ combined years across American Express, Visa, Paytm, PayU, Pine Labs, and Credgenics.
Become a Partner
Whether you are a platform looking to embed insurance, an insurer seeking new distribution channels, or a broker advising clients on product innovation — we'd like to hear from you.