Wednesday, October 24, 2007

Indian Website Set to become the Widest Neutral Insurance Shopping Website in the World.

India’s First Neutral Insurance Shopping Website - today announced the launch of its Motor and Life Insurance “quote-engines” making it one of the most comprehensive neutral websites in the world, offering the customer choice to compare and buy from the widest range of Insurance products underwritten by leading Insurance Companies.

The success of reinforces the vision of industry watchers who predict the future of distribution in cost-effective modern channels like Bancassurance, Corporate Retail/Worksites, Internet, Mobile and allied technology.

“India is poised to set new global benchmarks in innovative customer service in Insurance. The features offered on would be unheard of anywhere across the globe.” said CEO and MD, Bonsai Insurance Broking, Mr. Manish Jaiswal

The website currently offers Compare & Buy Option in Health, Personal Accident, Critical Illness, Home, Travel, Student, Motor and Life Insurance which comprises close to 99% of the complete Personal Lines range making it one of the most comprehensive website across the world.

According to internal sources, the Motor Insurance Quote Engine in particular is a path-breaking development ready for real time product improvements in the future. “We are proud to declare that our in-house quote-engine for Motor Insurance is completely flexible and ready for any new product or feature introduced in the market”, said Mahavir Chopra, Director – eBusiness.

On the landmark achievement and as a part of giving back to the society, announced a program: “Buy one, Gift one” - insuring one needy individual against Personal Accident per purchase of Rs. 500 on its website. “We also plan to provide our expertise and free advice to NGOs and other similar institutions for Insurance related matters”, said Niraj Jain, Principal Officer – Insurance.

About launched in June 2007 by Bonsai Insurance Broking Pvt. Ltd., is India’s First Neutral Insurance Shopping Website providing complete Insurance solutions claims assistance. The website endeavors to give the common Insurance buyer complete power of information and decision making while shopping for Insurance.

About Bonsai Insurance:

Bonsai Insurance, founded in 2005 is an integrated full service Insurance Broking services company. The website is part of Bonsai’s vision to provide customers with tech-leveraged innovative solutions. Headquartered at Mumbai and offices in Bangalore and New Jersey-USA, Bonsai has served over 200000 customers in the last two years through the offline medium.

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