Policybazaar logo

Policybazaar

Fintech / Insurtech

Founded 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.

View Official Policybazaar Careers

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

  1. 2008
    Founded

    Policybazaar founded in Gurugram as an insurance comparison portal.

  2. 2014
    Paisabazaar launched

    PB Fintech launches Paisabazaar to expand into credit and lending.

  3. 2021
    IPO

    PB Fintech goes public on the Indian stock exchanges.

  4. 2022
    Profitability

    The core business turns profitable, cementing its dominance in Indian insurtech.

Purpose & Values

“To build a safety net for households in India”
Policybazaar states its mission is to eradicate financial insecurity in India by raising awareness about insurance and making the purchase process transparent, cheap, and accessible.
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