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03
Mar
2007

Now…Compare And Buy Insurance

Bonsai Insurance Broking Pvt. Ltd. an Insurance Broker headquartered in Mumbai today announced the beta launch of its one of its kind web portal in the Indian Insurance industry. The website would offer the common man an e-tool to compare, choose and buy Insurance policies across all Insurance companies at a click of a mouse.


(1888PressRelease) March 03, 2007 - Bonsai International Group CEO Mr. Manish Jaiswal said “In the de-tariff age where prices and product features would be the prime differentiating factor, insurancemall.in would be the first mover to offer compare and buy service on the web platform to the general public”

The portal would also allow a customer to manage its insurance portfolio online which means the customer would get free e-advice on its Insurance portfolio in addition to services like renewal reminders.
All this free of cost!

The portal currently offers Health, Personal Accident, Travel and Home Insurance. Principal Officer Mr. Niraj Jain says “The journey has just begun. We intend to unleash motor and offer many tailor made products in non life & life lines to the customers by end March 2007”

Another unique service on offer is the Manage your claim feature – which will provide claims assistance for policies bought on the website.

“E-distribution of Insurance is still to take off in India with only 2 insurance companies offering online issuance. We intend to help net enable the entire offline Insurance industry for the customer” says Mr. Mahavir Chopra, CFO

Bonsai is looking to create same wave created by makemytrip.com.
Mr. Mahavir Chopra said - we would learn from the big daddies : Times of India, makemytrip etc.

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