Indian Insurtech PBPartners announces its app launch

Indian Insurtech PBPartners announces its app launch

PBPartners, a brand of Policybazaar Insurance Brokers Private Limited, has recently announced its app launch. Through its mobile app, PBpartners intends to strengthen and empower the insurance’s most important player, advisors.

Since its inception, the company has been working diligently towards providing digital solutions to eliminate the outdated long processes adopted by its agent partners which made customer onboarding slow and inefficient. Inarguably, the app will fill this gap and will simplify the insurance journey of advisors, and provide them a seamless experience of selling insurance.

With the app, PBPartners has introduced a Phygital (Physical + Digital) way to sell insurance. An insurance advisor can now easily compare, choose and sell the best insurance plans from India’s leading insurers. This digital platform also enables insurance advisors to have the flexibility to work anytime and anywhere and carry their insurance business in their pockets.

“It is a complete game changer for the insurance industry. We are glad that after months of hard work, the PBPartners app is finally here. We were taking regular feedback from our agent partners to understand what all can be included in the app to make their insurance journey hassle-free and on the go”, said Dhruv Sarin, Chief Business Officer, PBPartners.

With more than 26 of India’s leading insurers available on the platform, advisors can only sell PoSP-approved products. The mobile app is packed with features like clear visibility of Insurance leads & reports, premium quotes comparison, booking details, premium payments, after-sales services, and a lot more. “Altogether, it is a one-stop solution to all their customers’ insurance needs,” said Dhruv.

Adding to the pool of features and talking more about the PBPartners mobile app, Abhishek Gangwal, Vice President, Product, Policybazaar, said, “The app is quite similar to the desktop version but more convenient. As we have moved to ‘Phygital’ now, agent partners can sell policies more easily. The app is highly intuitive and everything relevant is right there on the homepage. With the new features added to the app, advisors can now check how much commission and points they have earned. Everything is just a few clicks away and earlier the issues that we have been facing, have also been taken care of.”

With all these astonishing features, PBPartners has personalized insurance for an advisor. “We are constantly working on the app to make it one of the best apps and the most intuitive thing across the insurance industry”, added Abhishek.

PBPartners has grown rapidly to become one of the leading PoSP businesses in the country in less than a year. With over 26 insurance providers, PBPartners supplement Policybazaar’s digital presence and is expanding across the nation. As of today, the company has more than 81,000 partner agents, covering more than 13,000 pin codes in India.

To increase insurance penetration in India, the company aims to reach the large consumer market in Tier-2 and Tier-3 cities which occupies 50% of the consumer demand. Basically, taking insurance to “Bharat”! Such technology not just pushes insurance penetration but also enables lakhs of insurance entrepreneurs in the smallest towns and cities of India to do more.

“We stay committed to increasing insurance penetration in India by providing the right technology tools that empower advisors and make it easier for customers to purchase an insurance policy. They expect timely delivery, so we make sure that our agent partners are able to achieve that”, said Dhruv.

PBPartners aims to build a safety net for 250 million plus households in India and provide equal opportunities for employment and Micro-Entrepreneurship in Tier-2 & Tier-3 cities.

This uberization of insurance will make it more accessible and easier to understand. The app is available on the Google Play Store and the company will soon launch its iOS version as well. To learn more about how the PBPartners Mobile App empowers agents to better serve the customers, watch a brief video at https://www.youtube.com/watch?v=1xGRQkoLiNo.

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PB Partners - A Brand Under Policybazaar Insurance Brokers Private Limited
CIN: U74999HR2014PTC053454 | Registered Office - Plot No.119, Sector - 44, Gurgaon, Haryana - 122001
Policybazaar is now registered as a Direct Broker |Registration No. 742, Registration Code No. IRDA/ DB 797/ 19, Valid till 09/06/2024, License category- Direct Broker (Life & General)