व्यवसाय और वित्तीय मामलों का जर्नल

GoDigit: Risk Management Analysis

Abstract

Madhav Mahajan, Dhruv Talreja, Shreyanshi Agarwal and Sarthak Gandhi

The case provides the risk management process and framework of an insurTech company - GoDigit. The company incorporated in the year 2016, based in Bengaluru, is an online platform based organisation that provides non-life insurance. The company earned a revenue of INR 93.83 crore for the financial year 2017-18. The company majorly faces four kind of risks which are Assets/Liability Management (ALM), Liquidity risk, Reinsurance risk and Operational risk. The company has a risk framework monitored by the risk management committee which formulates and regulates the risk management of the company comprising of 2 non-executive directors and the CEO & Principal officer of the company. The case studies the detailed analysis of various kinds of risks and how severe they can prove to the company.