Policybazaar for Enterprise Onboards Insurance coverage Business Veteran Ajit Kumar to its Advisory Board

Policybazaar, India’s main insurance coverage dealer, earlier this yr launched ‘Policybazaar for Enterprise’, its quickly rising new model that caters to insurance coverage wants throughout Indian companies. It’s the model’s deep understanding of the Indian market, its skilled staff members and the inch-perfect initiative of empanelling an advisory board which have made it an apposite presence within the enterprise insurance coverage subject. Now, the model has began unveiling the names of those advisory board members who make PB for Enterprise stand out within the business.


The advisory board members are insurance coverage maestros who include formidable expertise throughout basic, well being and life insurance coverage. The primary title to be revealed is Ajit Kumar, former Common Supervisor at Oriental Insurance coverage Co Ltd. Kumar boasts of a wealth of expertise as he has witnessed diversified sides of the Common Insurance coverage Business in a profitable streak spanning over 37 years. He has served throughout the 4 zones of the nation, by the course of his affiliation with New India Assurance for 29 years and with Oriental Insurance coverage for 8 years. Amongst his many achievements, is his tenure as Director (Authorities Nominee) on the board of a subsidiary of Oriental Insurance coverage.


Elaborating on his affiliation with PB for Enterprise, Ajit Kumar, Advisory Board member, PB for Enterprise stated, “Enterprise Insurance coverage stays a extremely essential but underpenetrated market in India. A platform like PB for Enterprise is the necessity of the hour. I’m hopeful that in my position as an advisory board member, I will additional make a distinction to the business the place it counts.”


Policybazaar for Business Onboards Insurance Industry Veteran Ajit Kumar to its Advisory Board

L to R – Tarun Mathur, Co-founder, Policybazaar.com and Ajit Kumar, Advisor, PB for Enterprise


In his position as an advisor, Ajit Kumar will work alongside the prevailing staff to additional improve the service ranges provided to Startups, SMEs and Corporates. His focus can be on guiding them on essential processes and technical features to evaluate their dangers whereas additionally offering specialised steerage on the merchandise wanted to safeguard towards any monetary loss. He’ll assist the model proceed to speed up the sturdy development that they’ve loved within the final two years. His experience within the well being and basic insurance coverage house will additional drive elevated development by enabling the acceleration of their digital end-to-end options and platform modernizations.


Sajja Praveen Choudhary, Head of PB for Enterprise, stated, “We’re working in direction of combining our advisory board’s useful expertise with our model’s trademark progressive options. The concept is to carry the most effective mixture of custom and know-how to help Indian companies in flourishing fearlessly. We’re happy to have Mr. Kumar onboard. His experience generally, medical health insurance and legal responsibility merchandise will assist us problem the established order inside the company world.”


The efficiency of Policybazaar for Enterprise lies in its dedication to customer-centricity. The advisory board is a step in the identical path because it helps the model make use of ground-level knowledge in making the needle transfer for Enterprise Insurance coverage penetration in India


About Policybazaar for Enterprise

Policybazaar is the flagship platform of PB Fintech Ltd. & is one among India’s largest on-line platforms for insurance coverage. PB Fintech launched Policybazaar in 2008 to answer Shoppers’ want for extra consciousness, alternative, and transparency and create a consumer-pull-based, provider-neutral mannequin for insurance coverage distribution. After turning into a family title and a default on-line vacation spot in retail insurance coverage, Policybazaar launched company insurance coverage merchandise by its insurance coverage companions in 2021. The model’s imaginative and prescient is to allow corporates, startups and SMEs throughout the nation, by enterprise insurance coverage merchandise, thereby, making them extra resilient within the face of adversities and unexpected dangers.


At this time, Policybazaar has serviced greater than 25,000 corporates and is relentless in its endeavour to empower corporates by correct danger evaluation and mapping the appropriate options. Among the huge names from the business who’ve positioned their belief in Policybazaar embrace Axis Financial institution, Byju’s, Vehicles 24, Colliers, Delhivery, FICCI, NSDL, IRIS Software program, Quess Corp, Yatra and plenty of extra.