82% of the insurance business is sold by an insurance broker in India. The majority of organizations experience a hassle-free insurance journey by just getting the right insurance broker to help them at every step.
Purchasing the best group health insurance could be a daunting task for any organization. However, it’s not the case when you have the top insurance broker to simplify it for you. 92% of the organizations in India experienced high productivity, improved employee morale, and increased retention rates by providing their employees with the right group health insurance.
You’re just a step away from making your organization an idle place to work. Let the top insurance broker help navigate your insurance journey better!
Who is an insurance broker?
An insurance broker acts as a bridge between insurance companies and their customers. Insurance brokers generally help customers by selling and negotiating insurance policies on the behalf of the insurance company.
To put it in simple words, insurance brokers work is to serve their customers and not insurance companies.
List of top insurance brokers in India
- Pazcare
Founded in 2020, Pazcare is a one-stop solution for employee insurance & healthcare benefits built for the modern Indian workforce. Pazcare offers its services in all the major metropolitan cities like Delhi, Bangalore, Pune, Mumbai, and so on. Pazcare has served companies from early-stage businesses to large organizations helping them get access to employee benefits and insurance at their fingertips.
Pazcare has been able to place its name very early as the top insurance broker in India. Some of the other benefits include:
- Helps you manage employee benefits with a tech-enabled platform
- Helps employers in tax savings & benefits
- Provides world-class benefits to the modern Indian workforce
- Easy management of claims with all benefits in one place
At a time when large brokers were only catering to the big businesses, Pazcare is here to disrupt the market by helping any business that wants to provide the best to their employees. With Pazcare, you can get insured for a team of as low as 2 members.
With 800+ clients across the country like Mindtickle, Dunzo, Mamaearth, Vedantu, Pazcare has been able to remain the top insurance broker in the country by offering personalized group health insurance, group term life insurance, group personal accident insurance and PazCard employee benefits at competitive rates.
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- Marsh India
Founded in 2003, Marsh India is India's leading insurance broking and risk management company. It is spread around 18 offices across India helping clients to implement innovative risk management and insurance solutions.
Marsh India offers services like insurance broking, risk consulting services, and help in different business segments for their clients.
With 45k plus global experts in Marsh India, they have served some of the biggest companies like JLL India, Emerson India, and Teradata. With new risks emerging in the world, Marsh India helps their clients navigate the changing landscape into a secure future making them one of the most preferred brokers.
- Unison Insurance Brokers
UNISON with the vision of creating transparency and convenience in the insurance market in India, is present in 11 metro cities in India, employing 350+ people, and has a global presence spread across continents. Unison Insurance Brokers has served 19,000+ clients and has 24+ years of experience in the industry.
Unison is one of the trusted insurance brokers in the country that works in risk products with aviation, marine, property, employee benefits, and so on. The in-house risk management team helps clients implement valuable insights and design innovative insurance products.
Unison Insurance Brokers has been able to be the only broker to get shortlisted in Llodys- London by The Insurance Insider Honors in 2013.
- First Policy Insurance Brokers
First Policy has been able to remain one of the top insurance brokers in India consistently delivering service for more than two decades now. First Policy insurance brokers provide value to their customers and deliver the best quality service to their clients.
The brokerage company offers customized risk management programs and other insurances like property, marine, and employee benefits to its clients.
First Policy provides bespoke insurance and reinsurance services to its clients and has been able to capture international as well as local clients. Some of their biggest clients are Godeepak, Sirmaxo Chemicals Pvt Ltd, and EHS.
- Prudent Insurance Brokers
Prudent Insurance Brokers Pvt. Ltd. is a general & life insurance broker headquartered in Mumbai and has spread across major metro cities in India.
Prudent brokers help clients in designing unique products and in claim settlement processes. Prudent Insurance Brokers has been able to place their name as pioneers in designing unique products for their clients and focusing on hassle-free claim settlement processes for their clients.
Prudent focuses on SMEs, large corporations, and foreign companies and has been able to deliver its promise to clients. Some of the biggest clients are Asinta, Verspieren, and WBN. Prudent insurance brokers have made a name for themselves as technical experts and value enhancement to their clients.
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Difference between insurance broker & insurance agent
How to choose the best insurance broker?
By just deciding on the best insurance broker, you can find the coverage that exactly meets your requirement at the best price. Here’s how you can choose the best insurance broker:
- Deep dive into what your organization truly needs
- Compare the quotes with multiple insurance brokers
- See if the coverage matches your needs of an organization
- Make sure the quote is under your budget
- Negotiate well
Choosing the right insurance broker is an integral process that can be a make or break for organizations. Insurance providers such as Pazcare, not only help you get the best quote at affordable prices but also ensures that your insurance4 journey is made seamless.
Make sure you study the market, compare the rates, and buy the one that exactly meets your needs.