Insurtech Onsurity sees 80% revenue growth in FY24, losses widen

Insurtech startup Onsurity reported an 80% growth in revenue for FY24, driven by increased demand for its digital insurance solutions. The company has seen significant growth in its customer base and transaction volumes, reflecting the rising adoption of digital insurance products. Onsurity’s focus on innovation and customer experience has helped it capture a larger share of the insurtech market. The company plans to continue investing in technology and expanding its product offerings to drive further growth. Onsurity’s strong financial performance highlights its potential to become a leading player in the insurtech industry and its ability to deliver value to its customers and shareholders.