Probus Insurance

Probus Insurance is an Indian online insurance company that provides a range of insurance products, including motor, life, health, and travel insurance. Founded in 2002, Probus has transitioned from a traditional insurance brokerage to a tech-enabled platform, offering instant quotes and a seamless purchasing experience for customers. The company is headquartered in Mumbai, Maharashtra, India.

One-liner Service

Comprehensive online platform for comparing and purchasing various insurance products.

Business Model

Probus operates as an online insurance broker, leveraging technology to provide instant quotes and facilitate the purchase of various insurance products. The company generates revenue through commissions from insurers for each policy sold via its platform. This model allows Probus to offer competitive pricing and enhance customer convenience.

Products and Services

Probus Insurance offers a variety of products, including:

• Motor Insurance: Comprehensive coverage for cars and two-wheelers.

• Health Insurance: Various health plans tailored to individual needs.

• Life Insurance: Term and whole life insurance options.

• Travel Insurance: Coverage for domestic and international travel.

• Sachet Products: Affordable micro-insurance products catering to specific needs.

Differentiation

Probus differentiates itself through:

• Tech-Enabled Platform: A user-friendly interface that simplifies the insurance purchasing process.

• Instant Quotes: Provides quick comparisons and quotes for various insurance policies.

• Customer Support: Offers assistance through multiple channels, including WhatsApp chat for inquiries.

• Focus on Affordability: Strives to provide cost-effective insurance solutions compared to traditional offerings.