India Insurtech Association Competitors

Policybazaar.com is one of India's leading online insurance platforms. It is the flagship platform of PB Fintech, which owns the fintech brand, Paisabazaar.com, and the lending & insurance marketplace in the UAE region, Policybazaar.ae. The Policybazaar.com Group has backing from a host of investors including the likes of PE funds and other family offices. Policybazaar.com started with the purpose to educate people on insurance products and with its offerings has addressed the large and highly underpenetrated online insurance markets.

HDFC ERGO General Insurance Company Limited was promoted by erstwhile Housing Development Finance Corporation Ltd. (HDFC), India’s premier Housing Finance Institution and ERGO International AG, the primary insurance entity of Munich Re Group. Consequent to the implementation of the Scheme of Amalgamation of HDFC with and into HDFC Bank Limited, one of India’s leading private sector bank (Bank), the Company has become a subsidiary of the Bank. The Company offers complete range of general insurance products ranging from motor, health, travel, home and personal accident in the retail space and products like property, marine and liability insurance in the corporate space. With a network of branches spread across wide distribution network and a 24x7 support team, the Company has been offering seamless customer service and innovative products to its customers.

ACKO is the protection destination for over 200 million tech-savvy families across India, protecting their families, assets and money. Launched in 2016, we set out to solve real-world problems with technology, starting with insurance and in the process, we’ve meaningfully redefined the category. As a customer-first company, we believe insurance should be simple, fair and hassle-free. That’s why we pioneered the D2C model in India, empowering customers with zero commission, zero paperwork, instant renewals, same-day claim settlements and app-based claim updates. From auto and health insurance to embedded, bite-sized coverages, ACKO is built for the digital age, where protection is just a click away. Backed by top investors like General Atlantic, Multiples Private Equity, Accel, and Amazon, we’ve raised over $450 million, grown at 88% CAGR in four years, served 75+ million customers, and issued ~900 million policies. And we’re just getting started! Check us out at www.acko.com