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Briezi

One-stop platform for managing life, health, and general insurance policies

Core Administration Startup Bootstrapped
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Overview

Briezi is a policy management and financial services platform for individual insurance policyholders in India, covering life, health, and general insurance. The company, incorporated as Briezi Insuretech Private Limited, is headquartered in Bangalore and was founded in 2020 by Vinay Babu and Saravanakumar D.

The platform provides a centralized digital repository for storing policy documents and offers embedded financial services including premium financing, policy loans, and policy assignment. Briezi positions itself as the first platform in India to offer loan services against ULIP (Unit Linked Insurance Plan) policies. Insurance distributors and NBFCs also access the platform to serve their own customer bases.

As of available data, Briezi has onboarded 136,000+ policyholders, manages 204,000+ life insurance policies, and works with 336+ insurance distributors. The company is bootstrapped and has participated in the Singapore Fintech Festival (2023) and was recognized as a fund-ready entity at the Beyond Bengaluru Mysuru Blue event.

Products & Services

Policy Management Platform

A centralized digital platform for individuals to store and manage all their insurance policies -- life, health, and general -- in one place.

Key Features

  • Consolidated policy repository across insurers
  • Digital policy onboarding and documentation
  • Coverage visibility across all household policies

Target Users: Individual policyholders

Loan to Pay Premium

A premium financing product for life insurance policyholders who need assistance renewing policies.

Key Features

  • Quick approval process
  • Loan repayment via EMI schedule
  • Continuation of risk coverage during repayment

Target Users: Policyholders with lapsing life insurance policies

Policy Loan

A lending service allowing policyholders to borrow against their life insurance policies, including ULIP policies.

Key Features

  • No credit checks required
  • Quick disbursement
  • Flexible EMI repayment options

Target Users: Life insurance policyholders

Policy Assignment

A service enabling policyholders to assign policies for financial consideration while retaining risk coverage.

Key Features

  • Access to surrender value without cancelling coverage
  • Zero cost to maintain risk coverage
  • Online end-to-end process

Target Users: Policyholders seeking liquidity from policies