The company has a track record of reporting losses and, its may not be able to maintain profitability in the future. Its limited operating history makes it difficult to accurately evaluate its future business prospects.

Its loss reserves are based on estimates as to future claims liabilities and if they prove inadequate, it could lead to further increases in reserves and materially adversely affect its results of operations.

The company is required to meet the mandatory control level of solvency margin as prescribed under the Insurance Act and the company could be subject to regulatory actions and could be forced to stop transacting any new business or change its business strategy which can slow down the companay's growth.

Catastrophic events, including natural disasters, terrorist attack or nuclear disaster, could materially increase its liabilities for claims by customers, result in losses in its investment portfolios, and have a material adverse effect on its business, financial condition and results of operations.

There are outstanding legal proceedings involving the Company, its Promoters and its Directors, which may have a material impact on the Company.

The company has received cautions, warnings and show-cause notices from the IRDAI due to alleged non-compliance with various regulatory prescriptions in the past, and IRDAI has imposed penalties in certain cases, and the company may be subject to such regulatory action in the future.

The company is subject to extensive supervision and regulatory inspections (onsite and offsite, thematic or otherwise) by the IRDAI.

The company relies on motor vehicle insurance products for a substantial amount of its revenues and profitability. Any constraint on sale of these products due to future changes in regulation or customer preference, or any inability to maintain a profitable portfolio mix of products, could have a material adverse effect on its business, financial condition, results of operations and prospects.

If any of its Promoters sell a controlling interest in GDISPL to a third party, the Company may become, jointly or solely, subject to the control of a presently unknown third party, which could dilute the shareholding of its Promoters, and would adversely affect its business and future prospects.

The company may fail to comply with applicable IRDAI regulations in relation to marketing or sale of insurance products.