According to Frost & Sullivan, in Fiscal 2020, Policybazaar was India’s largest digital insurance marketplace with a 93.4% market share based on the number of policies sold. The company has recently announced its PoSP business pan India – PBPartners . After its success as one of the most sought after fintech companies in India, Policybazaar now plans to kick things up a notch by foraying into the PoSP business and is inviting PoSP agent partners on a journey of mutual growth. Historically, direct selling has been the most prominent distribution channel and it will continue to play a significant role in the distribution of insurance products, as per Frost & Sullivan. Hence, to supplement digital presence, Policybazaar has expanded its presence through such PoSP offline channels across India. The primary reason for launching the Point of Sales Person (PoSP) business is to scale insurance penetration in Tier-2 & Tier-3 cities, occupying 50% of consumer demand.
PBPartners lets PoSP agent partners offer a wider range of policies from multiple insurance companies, across categories like health insurance, term life insurance, two-wheeler, four-wheeler, and commercial vehicle insurance, etc. So, gone are the days when selling policies was a challenge for insurance agents. PBPartners is here to harness the future of insurance and make it simple & convenient.
PBPartners opens the world of insurance selling for you. Anyone who is above 18 years of age and has passed out 10th standard can become a PosP agent partner with us, in just a few simple steps. Read on below to discover how to become a PoSP agent partner.
To become a PoSP agent partner with PBPartners click on the ‘Registration’ button on our website and enter your contact number. This will send an OTP to your registered mobile number that you need to enter to verify your account. This number will be your official registered mobile number.
Post verifying your OTP, you will need to fill in your basic information, share your PAN details and a few more demographic information.
Post sharing all this information you are required to undergo a mandatory 15-hour training which is followed by an online examination. Upon successfully clearing this examination, you are given an appointment letter as our PoSP agent partner that authorizes you to sell policies.
In a few simple steps, PBPartners opens up a world of endless opportunities for you. Earn attractive remuneration while you go mobile. Just log on to our website and register yourself with PBPartners. Whether you’re struggling with your internship or dreading your retirement, as a partner you can turn things around whenever you want. So hurry up and say ‘yes’ to a profession that you can choose at your convenience.
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