Go Digit General Insurance Limited · NSE:GODIGIT
Go Digit General Insurance — Q1 FY2025 Earnings Presentation
12 slides from Go Digit General Insurance's earnings presentation, Jun 30, 2024
Slide 1: Making insurance simple
Making insurance simple Value Statements Question the status quo Be Transparent Results for Quarter ended June 30, 2024 1 PRIVATE AND CONFIDENTIAL
Slide 2: Disclaimer
Disclaimer: This investor presentation may contain certain words or phrases in writing or otherwise which are not statements of historical facts and may be described as “forward-looking statements”. These forward-looking statements generally can be identified by words or phrases such as “aim”, “anti
Slide 3: Business Strengths
Business Strengths High h- h-quality Focus on Predictive Advanced A nimble customer empowering underwriting technology organization with experience distribution models platform a skilled and partners experienced management team 3 PRIVATE AND CONFIDENTIAL
Slide 4: The Numbers
The Numbers rs: Gross Written Premium (1) Market Share (1,2) Diverse product portfolio (3) ൠ2,660 cr 3.6% / 6.0% 80 Market share for Total / Motor Active products launched since insurance 2017 0.3 cr policies sold (1) Partner network (3) Digitally enabled claims (3) 5.3 cr 21.8 Lacs 66,200 Customers
Slide 5: Key Performance Indicators [IGAAP]
Key Performance Indicators [IGAAP] ཪcr Particulars FY2022 FY2023 FY2024 Q1 2024 Q1 2025 Gross Written Premium 5,268 7,243 9,016 2,178 2,660 Net Earned Premium 3,404 5,164 7,096 1,475 1,824 Net retention Ratio 79.4% 81.6% 85.8% 76.9% 76.2% Combined Ratio (CoR) 112.7% 107.4% 108.7% 106.2% 105.4% Profi
Slide 6: GWP Growth
GWP Growth ཪcr ཪcr 2,660 9,016 2,178 7,243 5,268 FY24 Q1 FY25 Q1 FY22 FY23 FY24 GWP Mix GWP Growth *Industry Growth GWP Mix GWP Growth *Industry Growth % GWP FY22 FY23 FY24 FY23 FY24 FY23 FY24 % GWP FY24 Q1 FY25 Q1 FY25 Q1 FY25 Q1 Motor - OD 16% 19% 22% 66% 42% 17% 17% Motor - OD 19% 19% 27% 15% Mot
Slide 7: Results: Combined Ratio & Profit after tax
Results: s: Combined Ratio & Profit after tax Combined ratio Profit after Tax % (1) ൠ cr 112.7% 107.4% 108.7% 106.2% 105.4% 182 101 58 74.0% 67.2% 70.3% 36 68.1% 70.5% FY 2022 FY 2023 FY 2024 Q1 2024 Q1 2025 38.6% 40.2% 38.4% 38.1% 34.9% -296 FY 2022 FY 2023 FY 2024 Q1 2024 Q1 2025 Expense Ratio Cla
Slide 8: Growing Assets Under Management base leading to higher investment income
Growing Assets Under Managementt base leading to higher investment income Assets under management Total AUM: Investment Income & Yield 17,773 Total AUM: ൠ cr 15,764 4.8 ൠ cr Investment Yield Investment Leverage 13% • Times(AUM multiple to Net-worth) % 6.3 7.3% 944 1,065 We booked loss on 1,049 sale
Slide 9: Investment Asset Allocation
Investment Asset Allocation n Rating Wise Exposure Sector Wise Exposure % % FY2022 FY2023 FY2024 Q1 2025 FY2022 FY2023 FY 2024 Q1 2025 Others 0.8 0.9 1.1 2.9 Equity 1.5 1.2 1.6 2.5 Money Market 4.2 2.0 0.8 0.9 Reverse Repo 1.9 1.4 1.0 0.9 Banking and AA- & equivalent 0.0 0.0 0.7 0.6 12.8 6.6 20.6 24
Slide 10: Loss Ratio
Loss Ratio Particulars FY2022 FY2023 FY 2024 Q1 2024 Q1 2025 Motor OD 74% 69% 66% 68% 64% Motor TP 81% 69% 60% 66% 66% Health,Travel,PA 49% 72% 94% 83% 86% Fire 52% 38% 86% 44% 71% Marine 32% 91% 80% 90% 54% Engineering 45% 88% 130% 107% 71% Other 59% 56% 80% 40% 81% Total 74% 67% 70% 68% 70% 10 PRI
Slide 11: Leveraging Technology
Leveraging Technology In-house built AI-ML microsystems that we expect will become more efficient over time and support future growth We developed bots for our various partners and functions to automate 65.9% of our policies were issued via APIs in FY2025 with 4.4 cr cumulative repetitive tasks poli
Slide 12: Thank You
Thank You 12 PRIVATE AND CONFIDENTIAL
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