Covrzy shakes up business insurance with cutting-edge tech solutions.

June 3, 2024
1 min read


TLDR:

– Covrzy is revolutionizing business insurance for SMEs and startups
– Founded by Veera Thota and Ankit Kamra

Innovation is the key today and Covrzy is making waves in the business insurance sector. It is paving the path to revolutionize how small and medium-sized enterprises (SMEs) and startups insure themselves. Covrzy is co-founded by Veera Thota and Ankit Kamra. Veera Thota is the CTO of the company and comes from a Computer Science and Engineering background from the National Institute of Technology, Warangal. Ankit Kamra is the CEO of the company and comes from a Computer Programming background from Guru Gobind Singh Indraprastha University. SMEs contribute to more than 30% of India’s GDP. It is found that more than 85% of them are uninsured. Ankit noticed that retail insurance was improving India, but business insurance for SMEs was outdated as well as inefficient. Hence, the Covrzy aims to address the issues directly. Covrzy offers customized insurance products which are tailored to the needs of SMEs and startups such as Fintech and SaaS.


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