Policybazaar
Fintech / InsurtechFounded in 2008 by Yashish Dahiya, Alok Bansal, and Avaneesh Nirjar, Policybazaar is India's largest online insurance aggregator, bringing transparency to a traditionally opaque industry.
Official Policybazaar Careers Website
Quick Facts
- Founded
- 2008
- Founders
- Yashish Dahiya, Alok Bansal, Avaneesh Nirjar
- Headquarters
- Gurugram, India
- Industry
- Insurtech
About Policybazaar
Policybazaar was founded in 2008 in Gurugram. Before its inception, buying insurance in India was heavily dependent on offline agents, leading to mis-selling and a lack of transparency. Policybazaar launched as a simple price-comparison website to help consumers compare life and health insurance policies objectively.
Over time, it evolved into an end-to-end digital broker, facilitating the actual purchase and claim processes. Operated by PB Fintech, the group also launched Paisabazaar (a lending marketplace) in 2014. PB Fintech went public on the Indian stock exchanges in 2021.
What Policybazaar Does
Policybazaar (Insurance)
Comparison and purchase platform for life, health, motor, and corporate insurance.
Paisabazaar (Lending)
Online marketplace for loans and credit cards, offering free credit score checks.
PB Partners
A B2B2C platform enabling offline point-of-sales persons (POSPs) to sell insurance digitally.
Career Areas
Types of professional roles found inside Policybazaar.
- Software Engineering
- Data Science & Actuarial
- Product Management
- Digital Marketing
- Sales & Insurance Advisory
- Customer Experience & Claims
Policybazaar's History
- 2008Founded
Policybazaar founded in Gurugram as an insurance comparison portal.
- 2014Paisabazaar launched
PB Fintech launches Paisabazaar to expand into credit and lending.
- 2021IPO
PB Fintech goes public on the Indian stock exchanges.
- 2022Profitability
The core business turns profitable, cementing its dominance in Indian insurtech.
Purpose & Values
“To build a safety net for households in India”