Chennai leads the way for PB Partners with 62% YoY growth driven by a power ful 12,000+ agent network across Tamil Nadu
~ 62% business growth in one year – Chen nai emerges as a key Insurance hub ~
~Strong network of 12,000+ Agent Partner s in Tamil Nadu with 2,500+ in Chennai~
~ Mission to expand from 18,000+ to nearl y 19,000 pin codes in India~
~Vision to launch 10 more Experience Cent enters in Chennai in the coming years~
Chennai, February 20, 2025: PBPartners, th e PoSP (Point of Sales Person) arm of Pol icybazaar, is accelerating its expansion in T amil Nadu, with Chennai emerging as a key driver of insurance penetrate ion. At a rece nt PB Partners press meet in the city, Mr. D hru v Sarin, Co-founder of PB Partners, out lined the company’s 2025 expansion strate gy, emphasizing Ch hennai’s crucial role in driving insurance accessibility across the re gion.
Chennai – One of the Top 5 Insurance M arkets
Mr. Dhruv Sarin highlighted Chennai’s grow ing importance, stating, “Chennai is quickly becoming one of India’s most dynamic insur ance markets, driven by increasing financial literacy and evolving consumer needs. Our goal is to make insu surance more access ible, transparent a nd tailored to our custo mers’ needs. Currently, Chennai is among o ur top five markets, recording an impressi ve 62% ye ar-on-year growth. Tamil Nadu contributes 24% to our overall business, w ith a robust network of 12,000+ agents acr oss the state, including 2,500+ in Chennai.”
Changing Insurance Preferences in Tamil Nadu Consumers in South India, particula rly in Tamil Nadu and Chennai, prioritize co mprehensive coverage over cost. Growing financial awareness and evolving risk perc ceptions have significantly boosted the de mand for health and ter m insurance, maki ing Tamil Nadu one of the most promising markets for insurance adoption.
New Milestone – Launch of PBPartners Exp erience Center in Chennai
The launch of our Experience Center in Che nnai marks a significant step in strengtheni ing PB Partner’s commitment to this marke t. This facility aims to train an d upskill age nt partners through structured learning mo dules and interactive sessions, provide on-ground operational support for policy issu ance, renewals, and claims processing, and offer dedicated customer engagement zon e where policyholders can seek expert advi ce, resolve queries, and access personalize d in surance solutions.
We plan to open 10 more Experience Center s in the city in the coming few years,” added Mr. Sarin.
The Future Roadmap
Talking about the future roadmap, Mr. Dhru hruv Sarin added, “Currently we operate in 18,000+ pin codes out of 19,100 across In dia, with a strong network of nearly 3 lakh agent partners. We aim to grow from 18,0 00 to nearly 19,000 pin codes. By increasin g density in every region, we are committed to making insurance more accessible and inclusive for all.
About PBPartners
Founded in 2021, PB Partners is a digital p latform for independent insurance sellers. Operating as the Point of Sales Person (Po SP) business within Policybazaar, it enables agents to sell multiple products from a host of suppliers conveniently using an app. It fa cilitates research, issu ance, and customer management, levera ging technology, thus bringing cost efficiencies in an otherwise c ost-heavy brick-and-mortar based model. It focuses on improving the partner experienc e by usi ng state-of-the-art technology, ther eby increasing the stickiness of the sellers w hile improving their productivity. At PB Pa rtners, we have leveraged our experience of technology integrations and servicing with our insurance partners at our mothership – Policybazaar, thus replicating strong end-to-end digitally integrated journeys.