POLICYBAZAAR

policybazaar.com · India

Policybazaar is an online insurance marketplace that allows consumers in India and other markets to compare, purchase, and manage policies across health, life, motor, and other insurance categories. The company aggregates offerings from multiple insurers, provides decision-support tools and advisory services, and earns revenue primarily through commissions and fees from insurance partners and related financial services. It also offers digital tools for renewals, claims assistance, and policy servicing for retail customers.

Revenue
$350.0M
Employees
8,000
Founded
2008
Headquarters
India

What 13 Arbolus experts think of POLICYBAZAAR

NPS scores range from 2 to 10, indicating a polarized but slightly positive tilt, with most scores between 7 and 10. Renewal intent varies: high spend influencers often express uncertainty or negative intent, while users and low/mid spenders are more likely to recommend or renew. Most users are in the MoreThan1Year implementation stage, suggesting product stickiness. Key qualitative themes include high convenience, broad comparison features, and efficiency; cons focus on product complexity and sales follow-ups.Overall Customer Sentiment: Neutral to Positive

Who reviewed POLICYBAZAAR

Total customers 13 13 current · 0 former
Reviews growth +12 in six months
Seniority of respondents
  • C-Suite 92% (12)
  • Director 8% (1)
Operations Manager C-Suite NPS 8
Strategy Leader C-Suite NPS 7 Undecided
Finance Analyst C-Suite NPS 10 Will renew

Employer names and spend open in the full report, along with the other 10 customers.

Everything 13 customers told us about POLICYBAZAAR.

Employer names, spend, renewal intent and every written answer behind the numbers on this page.

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Sentiment

30 Net Promoter Score, from 13 scored reviews
  • Promoters 5
  • Passives 7
  • Detractors 1

Cumulative NPS by month

+0 over 5 months
  • Dec 8
  • Jun 9
  • Jul 8
  • Aug 8
  • Sep 8

Net Promoter Score across 1 reviews, accumulated up to each month. Category median 30 across 1 companies.

Praised

  • Independent Policy Recommendations
  • AI-Driven Personalized Advisory
  • Gap Analysis and Continuous Upgrade Suggestions
  • User-Friendly Digital Purchase

Criticised

  • Aggressive Sales Follow-ups
  • Limited in Complex and Specialized Requirements
  • Complex Product Language and Comparisons
  • AI-Driven Disintermediation

What customers say

User-Friendly Digital Purchase
“I find digital policy purchase and renewal convenient, reducing paperwork and streamlining the entire insurance buying process.”
Accessible Customer Support
“I like that the platform combines digital comparison tools with the option to receive advisor assistance when needed.”
Efficient Policy Comparison
“I value Policybazaar for allowing me to compare insurance products from several insurers on a single platform, saving time and providing clear visibility into premiums and options.”

Renewal intent

Plan to renew 33%
  • Will renew 2
  • Undecided 2
  • Not renewing 2

Plan to renew, by seniority

  • C-Suite 40% 5 answers
  • Not specified 0% 1 answer
  • 9/10 Average score from customers who will renew
  • 7.5/10 Average score from undecided customers
  • 4.5/10 Average score from customers not renewing

Report

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