Case Study: DrinkPrime averts ₹40 crore in losses with Onsurity

DrinkPrime averts ₹40 crore in losses with Onsurity

DrinkPrime, an IoT-enabled water purifier manufacturer based in Bangalore, faced a significant challenge with its previous insurance policy, which contained a critical misclassification of its business nature. This error left the company's assets exposed without protection against fire, burglary, or environmental penalties, putting them at serious financial risk. They partnered with Onsurity to address this vulnerability.

Onsurity performed a deep-dive risk assessment that corrected the fundamental errors in the policy. The solution provided 360-degree business coverage, protecting assets, people, and liabilities, while also ensuring 100% audit compliance. As a result of Onsurity's intervention, DrinkPrime averted an estimated ₹40 crore in potential losses from damages, penalties, and lawsuits, securing their business infrastructure and providing genuine protection.

DrinkPrime