Edelweiss Financial Services (EDELWEISS) Investor presentation summary

Industry opportunity and market shifts

• Industry GDPI CAGR was 11% in FY18-FY22 and 10% in FY22-FY26; private GI CAGR was 13% in both periods.

• Non-life penetration in India is 1.0% of GDP vs. 4.2% globally; density is $25 per capita vs. ~$500 globally, and ~50% of registered vehicles are uninsured.

• Pricing pressure, proposed lower expense limits and commission caps, and the FY28 IFRS transition increase the value of prudent underwriting and operating efficiency.

• Product innovation, incumbent operating efficiency and customer experience remain areas for differentiated insurance models.

Growth strategy and product innovation

• Private-car GWP rose from ₹162 Cr in FY22 to ₹704 Cr in FY26, a 44% four-year CAGR; the business has nine OEM partners, including three leading OEMs.

• Zuno SmartDrive uses driving behavior-based motor insurance; its five-year UBI journey has generated 96 Mn+ km of proprietary driving data.

• Telematics is used by ~15% of eligible policies; drivers scoring 95+ have ~50% lower claims.

• Product initiatives include EV-specific covers and analytics, Fuel Guard, day-based own-damage cover, and Residual Value Insurance for new vehicles.

Digital operations and customer experience

• Digital operations report 99.99% system availability, 95% unassisted policies, <30-second policy issuance, ~90K monthly policies and 466+ APIs.

• AI applications include 50% faster go-to-market, ~2-point conversion uplift from granular pricing, and 2x savings from fraud detection before payout.

• The customer proposition includes 10 Mn+ customers, 100% digital policy issuance, a 4.6 app rating and a five-minute fastest motor-claim settlement in Q2 2026.