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#103 PolicyEnsure, India's first and fastest-growing PHYGITAL insurance distribution network
Manage episode 381386540 series 3524716
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PolicyEnsure, India's first and fastest-growing PHYGITAL insurance distribution network, founded in 2017 by insurance domain experts Rahul M Mishra and Pankaj Vashishtha. With the rising demand for online insurance products, PolicyEnsure is disrupting the traditional insurance market by providing a seamless and user-friendly platform for consumers to purchase insurance policies.
Phygital insurance companies are transforming the traditional insurance industry by combining the convenience of digital technology with the personal touch of physical interaction. PolicyEnsure is leading the way in this new trend by leveraging technology to streamline the entire insurance process, from purchasing policies to filing claims. They use digital channels to provide customers with quick and easy access to information, such as policy details, coverage options, and claims processing. At the same time, they also offer physical channels, such as brick-and-mortar stores, agents, and call centers, to provide a human touch and address any concerns or questions.
PolicyEnsure's founders aim to make insurance easily accessible to non-metro cities, where there is a lack of awareness about the importance of insurance and a credible infrastructure. With its PHYGITAL model, PolicyEnsure combines physical presence on the ground with a robust technology platform for convenience, transparency, and efficiency.
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