Edition 1

PB in Spotlight

'Q2 of FY24 will be PB Fintech’s last quarter of losses’, says CEO Yashish Dahiya

“For me, the priority one is always core business growth and then Ebitda. I’m very happy with our Q2 performance…I’m extremely confident that this will be our last quarter of losses. Next quarter we will definitely have profits,” Said PB Fintech’s Chairman and Chief Executive Officer Yashish Dahiya during the company’s earnings call held on November 6th. Read more here.

Policybazaar brings back Kapil Sharma in its humorous new brand campaign

Policybazaar brings back the comedic genius of Kapil Sharma with a series of ad films marking his return as the brand ambassador. The actor-comedian, who collaborated with the brand in the past for the witty campaign Ullu-Thullu, is back with his signature style to educate customers about the benefits of comparing and buying insurance. Read more here.

Why Policybazaar’s new ad campaign is all about women owning their financial well-being

Policybazaar unveils a three-part brand campaign, which brings out the critical need for every Indian woman to buy Term Life Insurance independent of her spouse. Traditionally, a family’s financial security is associated solely with men. This overlooks the emotional and financial void a family faces if the wife or mother figure passes away. Policybazaar’s campaign portrays this gap, urging women to own their role in their family’s financial well-being, and secure their loved one’s future with term insurance. Read more here.

PB's Research and Analysis

More NRIs, especially those aged between 28 and 45, are opting to buy health insurance plans in India, reports The Economic Times, citing data from Policybazaar

Floater health insurance plans are the preferred choice among NRIs, accounting for 40% of purchases. A significant portion of these policies (25%) is bought for parents or senior citizens residing in India. To maximise their health insurance benefits, NRIs opt for high-sum insured plans, especially crucial for severe illnesses or costly medical conditions. Read more here.

Bad air quality may breathe fresh life into health insurance business

General insurance companies are likely to see a surge in demand for health insurance in the coming months due to falling air quality in the country. The health insurance segment has registered a strong growth after the pandemic due to higher awareness. In the first half of financial year 2023-24, the segment grew by 24.4 per cent to Rs 54,713.52 crore from Rs 43,981.54 crore in H1FY23, driving growth of the non-life insurance industry. Read more here.

Women increasingly opt for Term Insurance for financial security: Policybazaar survey

According to the survey, approximately 45 percent of homemakers actively participate in decisions regarding term insurance investments, alongside their husbands. This trend is also observed among salaried women (81 per cent) and self-employed women (66 per cent), who often make joint decisions regarding term insurance. Read more here.

95% car buyers opt for zero-dep cover: Policybazaar study

Over a decade since their debut, zero-depreciation policies have become the top choice for 95% of new car buyers. Often referred to as bumper to bumper coverage, they do not deduct for part depreciation as vehicles age, which has resulted in increased claim frequency. Read more here.

Heartfelt PB Customer Stories

Sainath shares how his late friend Shivteja’s decision to buy a term plan secured his family’s future

In a heartwarming customer testimonial, a close friend recounts the tragic loss of his friend to a brain abscess. The emotional video highlights how he convinced his friend to purchase term insurance. This poignant story serves as a powerful reminder of the importance of term insurance in securing your family's financial future, even in the face of unexpected and devastating circumstances. Watch here.

Readers' Choice

Policybazaar exclusive: Actor Vinay Pathak shares the ultimate retirement guide

Want to plan your retirement better? Take cue from actor Vinay Pathak, as he shares invaluable tips and tricks to help you make informed decisions to secure your golden years. Watch here.

Must-watch for all the MSMEs on the rise: How to navigate digital threats with insurance soluti

Evaa Saiwal, Senior Practice Leader - Liability Insurance, Cyber, and Financial Risk at Policybazaar For Business , explains the risks associated with the digital landscape and how the right cyber insurance coverage can effectively help mitigate these risks. Watch here.

Insurance Insights Podcast

The rising need and demand for corporate insurance in India

In this brand-new episode of our podcast, Sajja Praveen Chowdary (Head - Policybazaar for Business) shares the story behind the inception of PB for Business, upcoming trends in the Indian corporate insurance landscape and more. Tune in now! Listen here.