Indian website all set to become world’s widest neutral insurance shopping portal

November 14th, 2007 - 2:44 am ICT by admin  
The website will offer the customer a choice to compare and buy from the widest range of insurance products underwritten by leading Insurance Companies.

The success of reinforces the vision of industry watchers who predict the future of distribution in cost-effective modern channels like Bancassurance, Corporate Retail/Worksites, Internet, Mobile and allied technology.

“India is poised to set new global benchmarks in innovative customer service in Insurance. The features offered on would be unheard of anywhere across the globe.” said CEO and MD, Bonsai Insurance Broking, Manish Jaiswal

The website currently offers Compare and Buy Option in Health, Personal Accident, Critical Illness, Home, Travel, Student, Motor and Life Insurance which comprises close to 99 per cent of the complete Personal Lines range making it one of the most comprehensive website across the world.

According to internal sources, the Motor Insurance Quote Engine in particular is a path-breaking development ready for real time product improvements in the future.

“We are proud to declare that our in-house quote-engine for Motor Insurance is completely flexible and ready for any new product or feature introduced in the market”, said Mahavir Chopra, Director - eBusiness.

On the landmark achievement and as a part of giving back to the society, announced a program: “Buy one, Gift one” - insuring one needy individual against Personal Accident per purchase of Rs. 500 on its website.

“We also plan to provide our expertise and free advice to NGOs and other similar institutions for Insurance related matters”, said Niraj Jain, Principal Officer - Insurance. (ANI)

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