Overview
PolicyBoss is an online insurance brokerage serving individual consumers and small businesses in India, operating under IRDAI Direct Insurance Broker registration (Landmark Insurance Brokers Private Limited, Certificate No. 216). The platform allows users to compare quotes from 40+ insurance companies and purchase policies across motor, health, life, travel, commercial, and specialty insurance lines.
The company operates 30+ branch offices across 25 Indian cities and reaches customers through 800+ partner locations. PolicyBoss also supports a network of Point of Sales Persons (PoSPs) through a dedicated agent platform that includes mobile tools for policy issuance and agent management. In FY2025, the company reported annual revenue of INR 280 crore (approximately USD 33 million) and 5 million+ customers.
The brokerage offers a mobile app and web platform for agent operations, along with InstaPay for instant commission payouts to registered agents and Live Brokerage for real-time agent management and policy tracking. Founded in 2001, PolicyBoss grew at a 30% CAGR over the past five years and raised USD 10.6 million in a 2023 Series B round led by TPG Growth.
At a Glance
- Founded
- 2001
- Headquarters
- Mumbai, Maharashtra, India
- Employees
- 51-200
Category & Focus
Customers
- Individual consumers (motor, health, life, travel)
- Small and medium businesses (commercial, marine, cyber)
- Insurance agents and PoSP distribution partners
Last updated: 2026-07-04