1
Q3 FY24: PB Fintech posts strong numbers, PAT positive with 43% revenue growthWhat's New
Yes, we know we’ve said it before but let us reiterate it - No one knows how to do Friday like Policybazaar, truly. We had a rather energetic start to our morning today as Policybazaar and Star Health and Allied Insurance came together for the launch of Smart Health Pro - a truly innovative health insurance product. What’s so unique about this product? Well, for starters, Star Health and Allied Insurance Insurance understood what the customers coming to Policybazaar really look for in a health product, and delivered a solution - this product, exclusively available on our platform. What else? It comes with a colossal network of +14000 cashless hospitals. And most importantly, it’s extremely light on your pocket.
Yashish Dahiya (Chairman and CEO, PB Fintech), or YD as we lovingly call him, while addressing the crowd said, “When I first met Anand (Chairman and MD, Star Health and Allied Insurance), they were a very small company and Policybazaar hadn’t even started. Our humble beginnings with them have brought us to this exhilarating moment today. To strengthen our bond even further, the team at Star Health and Allied Insurance has taken the first step by creating a customer-first product that PB really had the need for."
Anand Roy (Chairman and Managing Director at Star Health and Allied Insurance) also spoke about their relationship with PB and said, "We're not just business partners; we're friends first. Our 15-year journey with Policybazaar has been remarkable, and we hope the next 15 will be even more extraordinary." Speaking about Smart Health Pro, he added, "Our aim with this product is to make health insurance accessible to all Indians. We've created a modular product with irresistible pricing, making health coverage within reach for every Indian."
Sarbvir Singh (Joint Group CEO of PB Fintech) also graced the stage, calling this a pivotal moment in India's health insurance narrative. He said "The king of health insurance in India (literally speaking), has exclusively created a product for Policybazaar customers. The potent combination of Star Health and Allied Insurance's credibility and Policybazaar's reach will surely make waves in the coming years. And this product is just the first of many more of our partnership milestones to come." Singh expressed gratitude, saying, "To the entire Star Health and Allied Insurance team, thank you for believing in us."
With partners as dedicated as Star Health and Allied Insurance and products as dynamic as Smart Health Pro, we are resolute in our mission to ensure that every Indian household enjoys the security of insurance. Together, we will turn the industry's vision into a reality.