The Indian E-commerce market is expected to grow to US$ 188 billion by 2025 from US$ 46.2 billion as of 2020

By 2030, it is expected to reach US$ 350 billion

In 2022, the Indian e-commerce market is predicted to increase by 21.5%, reaching US$ 74.8 billion.

E-commerce market is estimated to be worth over $55 Bn in Gross Merchandise Value in 2021. By 2030, it is expected to have an annual gross merchandise value of $350 bn.

eCommerce is India's fastest growing and most exciting channel for commercial transactions.

There are more than 19,000+ e-commerce companies in India segmented into B2B , B2C, C2B, or C2C

Some of the major challenges faced by e commerce companies in india are, Internet penetration, returning the ordered goods, inconsistent postal addresses, security & privacy & supply chain issues.

To succeed in any emerging business, close attention must be paid to the potential risks & liabilities. Careful measures have to be taken to ensure the profitability of the business.

The physical risks for E-commerce comprises of risks from procurement to delivery - inception to conclusion, from warehouses and fulfilment centres to the doorsteps of the customer. Seamless inventory and transit coverage have to be ensured.

In case of any unfortunate incident of loss occurs at any stage, the whole exercise is futile and the loss has to be borne by the E- commerce company. Hence delegating these risks to an insurance company would ensure that the losses can be recovered and it doesn’t impact the functioning and operations of the company.

Our team of qualified specialists can advise the different type of insurance covers required and also assist in the event of a claim.