Policybazaar is an online life insurance and general insurance comparison portal. They are specialized in making comparative analysis of the insurance products. The basis for...FOUNDING YEAR: 2008 LOCATION: India
PolicyBazaar.com is India's prominent online life insurance and general insurance aggregator. We are specialized in making comparative analysis of the insurance products. The basis for the comparison is price, quality and key benefits. Based on user inputs, various options in the desired insurance product are showcased to him/her. To facilitate the user understanding of the products, there are special segments like knowledge.policybazaar and ask.policybazaar. Under these segments, customer queries are answered and information about new insurance products and trends are shared with the users. PolicyBazaar.com has built strong relationships with all prominent public and private insurance companies across India. Our partners are from life insurance, health insurance, car insurance, travel insurance, corporate insurance and loan sectors. We pride our self in the relationship we share with our partners. We utilize these partnerships to: Streamline our knowledge and business operations Show prices directly from the insurers. Compare the policies with complete details Provide the facility of buying insurance online
Policybazaar is an online life insurance and general insurance comparison portal. They are specialized in making comparative analysis of the insurance products. The basis for the comparison is price, quality and key benefits.
Comparison portal for life insurance & general insurance products. Provides a comparison between all the insurers along with product reviews which helps the customers to take a decision.
Company earns revenue by collecting commission from insurance companies.
Online Retail insurance buyers
Bajaj Allianz Life
Indiafirst Life Insurance
Max Life Perfect
Since they have integrated more than 30 insurers, the customer can compare quotes from multiple insurers and select the product which suits his needs
In 2015-16, sales at Policybazaar grew 30% to Rs109 crore while losses widened 72% to Rs110 crore.
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