Compass by Policybazaar: Revolutionizing Risk Management for Corporates

Policybazaar for Business launches 'Compass', a platform to enhance risk management for large corporates. It offers centralized policy management, automated alerts, and real-time monitoring, catering to industries like IT and manufacturing. With data analytics, it helps organizations make informed decisions, reinforcing PBFB's mission as India's leading insurance broker.


Devdiscourse News Desk | Gurugram | Updated: 10-10-2024 15:49 IST | Created: 10-10-2024 15:18 IST
Compass by Policybazaar: Revolutionizing Risk Management for Corporates
Represtative Image Image Credit: Facebook (Policybazaar)

Policybazaar for Business strides ahead with its latest platform, 'Compass', aimed at transforming risk management for large corporates. Launched on 10th October 2024 in Gurugram, this tool promises to streamline insurance portfolio control with enhanced efficiency and transparency.

Compass allows companies to centralize their insurance policies, providing features such as automated alerts, real-time updates, and ERP integration to eliminate manual errors, reduce risks, and ensure compliance. It specifically addresses issues like fragmented communications and missed renewal deadlines that large corporates face.

With its advanced data analytics, Compass gives organizations a consolidated view of their risk exposure, supporting better decision-making. Policybazaar for Business, already a prominent name in the corporate insurance sector, strengthens its role in helping companies manage their insurance needs efficiently.

(With inputs from agencies.)

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