PolicyBazaar
Secondary Market in 2020
PolicyBazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that offers a range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company provides a comparison portal and mobile application that enable users to analyze and compare various insurance products based on coverage, premiums, benefits, and exclusions. By doing so, PolicyBazaar helps consumers make informed decisions regarding their insurance needs. The platform also includes tools and calculators to assist users in estimating their insurance requirements. With a focus on creating awareness about financial impacts related to death, disease, and damage, PolicyBazaar generates the majority of its revenue from its insurance services segment, which includes insurance broker services.
PolicyBazaar
Series H in 2020
PolicyBazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that offers a range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company provides a comparison portal and mobile application that enable users to analyze and compare various insurance products based on coverage, premiums, benefits, and exclusions. By doing so, PolicyBazaar helps consumers make informed decisions regarding their insurance needs. The platform also includes tools and calculators to assist users in estimating their insurance requirements. With a focus on creating awareness about financial impacts related to death, disease, and damage, PolicyBazaar generates the majority of its revenue from its insurance services segment, which includes insurance broker services.
PolicyBazaar
Series G in 2019
PolicyBazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that offers a range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company provides a comparison portal and mobile application that enable users to analyze and compare various insurance products based on coverage, premiums, benefits, and exclusions. By doing so, PolicyBazaar helps consumers make informed decisions regarding their insurance needs. The platform also includes tools and calculators to assist users in estimating their insurance requirements. With a focus on creating awareness about financial impacts related to death, disease, and damage, PolicyBazaar generates the majority of its revenue from its insurance services segment, which includes insurance broker services.
Lemonade, Inc. is an innovative insurance company that provides a range of insurance products in the United States and Europe, including homeowners, renters, and landlord insurance. Founded in 2015 and headquartered in New York, the company utilizes artificial intelligence and behavioral economics to streamline the insurance process, eliminating traditional brokers and paperwork. By employing advanced technology, Lemonade offers instant service and sets competitive rates for its policies. The company also acts as an agent for other insurance providers, further expanding its offerings. With a commitment to social good, Lemonade aims to transform the insurance industry by prioritizing transparency and efficiency.
ZhongAn Online P & C Insurance Co., Ltd. is an insuretech company based in Shanghai, China, founded in 2013 by prominent enterprises including Ant Financial, Tencent, and Ping An Insurance. As the first internet-based insurance provider in China, ZhongAn exclusively offers its products and services online, eliminating the need for physical branches. The company specializes in property and casualty insurance, providing coverage for accidents, health, liability, cargo, household property, and motor-related incidents. In addition to insurance, ZhongAn also delivers a range of technology services, including IT consulting, asset management, and telemedicine solutions. The company's technological capabilities extend to developing digital operating systems and industry models, which are offered to financial institutions both domestically and internationally. With a focus on e-commerce and mobile payment solutions, ZhongAn supports internet businesses and individual users through financing guarantees and innovative online services.
PolicyBazaar
Series F in 2018
PolicyBazaar Insurance Brokers Private Limited is an online platform based in Gurugram, India, that offers a range of insurance services, including life, health, car, two-wheeler, travel, and home insurance. Founded in 2014, the company provides a comparison portal and mobile application that enable users to analyze and compare various insurance products based on coverage, premiums, benefits, and exclusions. By doing so, PolicyBazaar helps consumers make informed decisions regarding their insurance needs. The platform also includes tools and calculators to assist users in estimating their insurance requirements. With a focus on creating awareness about financial impacts related to death, disease, and damage, PolicyBazaar generates the majority of its revenue from its insurance services segment, which includes insurance broker services.
Swiss Re Group is a leading global provider of reinsurance and insurance-based risk transfer solutions, established in Zurich, Switzerland, in 1863. The company operates through three core divisions: property-casualty reinsurance, life and health reinsurance, and corporate solutions. Serving a diverse clientele that includes insurance companies, large corporations, and public sector entities, Swiss Re offers both standard and customized coverage across various lines of business. The firm's extensive expertise, financial strength, and innovative approach enable it to facilitate risk-taking essential for societal and enterprise advancement. With approximately 80 offices worldwide and a workforce of nearly 15,000 employees, Swiss Re is recognized as the second-largest reinsurer globally by market capitalization. The company maintains strong credit ratings from major agencies, reflecting its solid financial position and commitment to its clients.
Lemonade, Inc. is an innovative insurance company that provides a range of insurance products in the United States and Europe, including homeowners, renters, and landlord insurance. Founded in 2015 and headquartered in New York, the company utilizes artificial intelligence and behavioral economics to streamline the insurance process, eliminating traditional brokers and paperwork. By employing advanced technology, Lemonade offers instant service and sets competitive rates for its policies. The company also acts as an agent for other insurance providers, further expanding its offerings. With a commitment to social good, Lemonade aims to transform the insurance industry by prioritizing transparency and efficiency.
InsWeb
Venture Round in 1999
InsWeb Corporation operates an online insurance marketplace that facilitates the matching of consumers with providers of various types of insurance, including automobile, property, health, term life, and small business coverage. Founded in 1995 and headquartered in Gold River, California, InsWeb allows users to research insurance topics, compare products, and apply for quotes. The platform aims to simplify the insurance shopping process by providing a comprehensive resource for consumers to analyze their options and make informed decisions regarding their insurance needs.
InsWeb
Venture Round in 1998
InsWeb Corporation operates an online insurance marketplace that facilitates the matching of consumers with providers of various types of insurance, including automobile, property, health, term life, and small business coverage. Founded in 1995 and headquartered in Gold River, California, InsWeb allows users to research insurance topics, compare products, and apply for quotes. The platform aims to simplify the insurance shopping process by providing a comprehensive resource for consumers to analyze their options and make informed decisions regarding their insurance needs.