ilmscore | How Policybazaar took over insurance: From marketing to claims ft. Yashish Dahiya | Business Talkies

Predictions from this Video

Total: 2
Correct: 0
Incorrect: 0
Pending: 2
Prediction
Topic
Status
Policybazaar aims to eliminate the concepts of 'claim' and 'bill' from the insurance customer experience through operational control and technology, so customers only deal with treatment or repair.
"My view on on Tech is you always own the operations basically deploy technology to kind of automate the hell out of those operations right but but you can't have a landing where you just come with tech and solve a massive operational issue the ambition is the word claim and the word bill should both go out of an insurance customer's vocabulary"
Policybazaar
Pending
The company believes that whoever successfully removes the 'bill' and 'claim' process for insurance customers will gain permanent customer loyalty.
"so they should not they should deal with treatment or repair I want my car back rather than okay what's the bill and how much am I going to get the claim that that nonsense needs to just get out and that will not be an easy process I know that so it's not like I have any magic wand that'll do it in it'll be a long drawn painful process but whoever does it will have the right to own the customer forever"
Policybazaar
Pending