This document evaluates what can be independently verified about BimaPe, a Mumbai-based personal insurance management product launched in late 2020, and about its legal entity, Engaged Insurtech Private Limited. It covers corporate background, product and quantitative claims made under the BimaPe brand, registry status, any automated or AI-driven feature, claims language, and incident documentation.
bimape.com · Data reference date: 20 September 2026
The BimaPe brand ceased operating in 2021 and its legal entity, Engaged Insurtech Private Limited, entered formal liquidation in 2024, so any evaluation of BimaPe as a live product evaluates a company that no longer exists in that form; corporate identity is documented through government (IBBI) and registry records, while product and performance claims are self-reported and unverified.
Reproduced from the review's own summary table: what evidence exists for each category, whether it can be independently verified, and its resulting status.
Public confirmation from the liquidator or former founder of the final disposition of user data collected by the Wallet product, since this carries the highest impact for affected consumers relative to a low cost of disclosure.
Read the full structural evidence review.