RENEWBUY

renewbuy.com · India

RenewBuy is an Indian online insurance marketplace that enables consumers to compare, purchase, and renew motor, health, life, and other general insurance policies from multiple insurers. The company operates through a digital platform and a large point-of-sale advisor network, earning revenue primarily from commissions and fees paid by insurance carriers on policies sold. It targets retail customers across India as well as insurance advisors seeking digital tools to manage their business.

  • Insurance Software
  • Marketplace & Booking Platforms
Revenue
$45.0M
Employees
1,500
Founded
2015
Headquarters
India

What 16 Arbolus experts think of RENEWBUY

NPS scores skew high, with 70% of responses at 8 or above. Renewal intent is strong: most high and mid spenders plan to renew, though pilot-stage users show some uncertainty. Stickiness is evidenced by a majority in the more than 1 year implementation stage, with positive expert feedback focusing on scalability, productivity gains, and advisor support. Key concerns involve CRM integration and automation depth. Overall Customer Sentiment: Positive

Who reviewed RENEWBUY

Total customers 16 16 current · 0 former
Reviews growth +8 in six months
Seniority of respondents
  • C-Suite 80% (13)
  • Director 7% (1)
  • Manager 13% (2)
Strategy Leader C-Suite NPS 7 Will renew
Finance Analyst C-Suite NPS 10 Will renew
Revenue Leader Manager NPS 7 Undecided

Employer names and spend open in the full report, along with the other 13 customers.

Everything 16 customers told us about RENEWBUY.

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

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Sentiment

37 Net Promoter Score, from 16 scored reviews
  • Promoters 7
  • Passives 8
  • Detractors 1

Cumulative NPS by month

+0 over 6 months
  • Jan 8
  • Mar 8
  • Jun 8
  • Jul 8
  • Aug 8
  • Sep 8

Net Promoter Score across 3 reviews, accumulated up to each month. Category median 35 across 3 companies.

Praised

  • Customer Support and Scalability
  • Operational Efficiency
  • Broad Insurer Network
  • AI-Driven Automation

Criticised

  • CRM Integration Gaps
  • Customization Limits
  • Limited Automation and Analytics
  • Insufficient Integration

What customers say

Customer Support and Scalability
“Support for advisors is strong and the platform's scalability makes it suitable for organizations looking to grow their insurance distribution business.”
Operational Efficiency
“Using RenewBuy has significantly improved advisor productivity, reduced manual effort, and made policy issuance much faster.”
Broad Insurer Network
“I value the wide insurer coverage and the platform's ability to provide multiple product options quickly and easily.”

Renewal intent

Plan to renew 67%
  • Will renew 6
  • Undecided 2
  • Not renewing 1

Plan to renew, by seniority

  • C-Suite 71% 7 answers
  • Manager 0% 1 answer
  • Not specified 100% 1 answer
  • 9/10 Average score from customers who will renew
  • 6.5/10 Average score from undecided customers
  • 7/10 Average score from customers not renewing

Top alternatives

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