PolicyBazaar logo

PolicyBazaar

Compare and buy insurance from 51+ providers across 390+ products

Distribution & Sales Enterprise Public
Visit Website

Overview

PolicyBazaar is an insurance aggregator and marketplace platform serving consumers in India and the Middle East. The platform allows users to compare and purchase policies from 51+ insurance companies across 390+ products, spanning life, health, motor, travel, and business insurance. Founded in 2008, it has grown from a price-comparison website into a full-service insurance marketplace with both digital and offline distribution channels.

The platform operates through REST API integrations with partner insurers, enabling real-time policy comparison and instant issuance. PolicyBazaar has also obtained a broking licence from IRDAI (Insurance Regulatory and Development Authority of India) and operates a dedicated corporate segment called PB for Business, offering 15+ commercial insurance products. The technology stack includes Node.js, React.js, Java, and Python, deployed on AWS with microservices architecture covering pricing, comparison, KYC, and payments.

PolicyBazaar completed an IPO on the NSE and BSE in November 2021 and has a market capitalization exceeding USD 9 billion as of 2025. The platform has sold over 19 million policies to 9 million+ registered users, with 42% year-on-year premium growth in FY25. Its parent company, PB FinTech, has extended operations into the UAE, Qatar, Oman, and Sri Lanka.

Products & Services

Life & Term Insurance Marketplace

Comparison and purchase platform for life insurance and term plans from multiple insurers. Users can receive AI-driven recommendations based on their profile.

Key Features

  • Multi-insurer comparison with real-time pricing
  • Personalized coverage recommendations
  • Instant policy issuance

Target Users: Individual consumers

Health Insurance Marketplace

Health insurance plans available through integrations with major insurance providers. Includes individual, family floater, and senior citizen plans.

Key Features

  • Coverage comparison across insurers
  • AI-driven plan matching
  • Renewal management and reminders

Target Users: Individual consumers and families

Motor Insurance (Car & Bike)

Comprehensive and third-party liability coverage for four-wheelers and two-wheelers across multiple partner insurers.

Key Features

  • Instant online purchase
  • Network garage access information
  • Claims support tools

Target Users: Individual vehicle owners

Travel Insurance

Travel insurance plans covering trip cancellations, medical emergencies abroad, and lost baggage.

Key Features

  • International travel coverage comparison
  • Single and multi-trip plan options

Target Users: Individual travelers

PB for Business

Corporate insurance suite offering 15+ commercial products tailored to businesses across different sectors and risk profiles.

Key Features

  • 15+ business insurance product types
  • Multi-insurer comparison for commercial risk
  • Dedicated corporate account management

Target Users: Small and mid-size businesses, enterprises

Investment & Pension Plans

Investment-linked insurance and pension products for retirement planning and wealth building.

Key Features

  • ULIP and endowment plan comparisons
  • Pension and annuity product access

Target Users: Individual consumers

At a Glance

Founded
2008
Headquarters
Gurgaon, Haryana, India
Employees
1000+
Funding
Public

Category & Focus

Category
Distribution & Sales
Subcategories
Digital Storefront Insurance Marketplace Quote-to-Bind
Insurance Verticals
Life & Annuity P&C Personal Health P&C Commercial
Target Customers
Consumers, Employers

Customers

  • Tata AIG
  • SBI Life Insurance Company Limited
  • ICICI Prudential
  • Niva Bupa Health Insurance
  • Tata AIA
  • Birla Sunlife Insurance
  • Star Union Dai-Ichi Life Insurance
  • Cars24 (vehicle insurance for pre-owned vehicle buyers)
  • MoEngage (customer engagement and analytics)

Links

Similar Companies

Last updated: 2026-06-15