+
Policybazaar for Business Launches A Digital Revolution in Marine and Transit Insurance
PORTS & SHIPPING

Policybazaar for Business Launches A Digital Revolution in Marine and Transit Insurance

Policybazaar For Business (PBFB), the corporate arm of one of India’s largest insurance marketplaces, has launched Enroute, an innovative platform aimed at transforming marine and transit insurance operations. The platform enables businesses to generate insurance certificates and file declarations swiftly, reducing the time-consuming manual processes associated with domestic and international trade insurance.

Traditionally, businesses were required to submit monthly declarations for domestic policies and transit-specific insurance certificates for import and export shipments. This process often led to operational inefficiencies and claim denials. Enroute addresses these challenges by providing an intuitive, centralised solution that simplifies compliance, reduces administrative burden, and enhances policy accuracy.

“Marine and transit insurance customers often faced fragmented systems and cumbersome processes. With Enroute, we’ve streamlined the entire experience, allowing businesses to declare transits, generate certificates, and update their sum insured with ease,” said Sajja Praveen Chowdary, Head of Policybazaar For Business.

Enroute offers multiple ways to upload shipment details, including invoice uploads, file uploads, and interactive interfaces. Its OCR technology extracts necessary details from invoices or LR copies, saving customers significant time by eliminating manual data entry. Additionally, the platform integrates seamlessly with existing invoice generation or supply chain management systems, automating declarations and certificate generation to ensure compliance and claim eligibility.

As a dynamic tool, Enroute evolves with user needs, delivering continuous improvements in usability and functionality. By automating traditionally labour-intensive processes, the platform sets a new benchmark in marine and transit insurance, enhancing efficiency and ensuring smoother operations for businesses.

PBFB’s Enroute redefines the marine insurance experience, providing businesses with a seamless, error-free solution to meet their growing trade requirements.

Policybazaar For Business (PBFB), the corporate arm of one of India’s largest insurance marketplaces, has launched Enroute, an innovative platform aimed at transforming marine and transit insurance operations. The platform enables businesses to generate insurance certificates and file declarations swiftly, reducing the time-consuming manual processes associated with domestic and international trade insurance.Traditionally, businesses were required to submit monthly declarations for domestic policies and transit-specific insurance certificates for import and export shipments. This process often led to operational inefficiencies and claim denials. Enroute addresses these challenges by providing an intuitive, centralised solution that simplifies compliance, reduces administrative burden, and enhances policy accuracy.“Marine and transit insurance customers often faced fragmented systems and cumbersome processes. With Enroute, we’ve streamlined the entire experience, allowing businesses to declare transits, generate certificates, and update their sum insured with ease,” said Sajja Praveen Chowdary, Head of Policybazaar For Business.Enroute offers multiple ways to upload shipment details, including invoice uploads, file uploads, and interactive interfaces. Its OCR technology extracts necessary details from invoices or LR copies, saving customers significant time by eliminating manual data entry. Additionally, the platform integrates seamlessly with existing invoice generation or supply chain management systems, automating declarations and certificate generation to ensure compliance and claim eligibility.As a dynamic tool, Enroute evolves with user needs, delivering continuous improvements in usability and functionality. By automating traditionally labour-intensive processes, the platform sets a new benchmark in marine and transit insurance, enhancing efficiency and ensuring smoother operations for businesses.PBFB’s Enroute redefines the marine insurance experience, providing businesses with a seamless, error-free solution to meet their growing trade requirements.

Next Story
Infrastructure Urban

India to Invest Rs 600 Billion to Upgrade 1,000 ITIs

As part of its drive to modernise vocational training, the Ministry of Skill Development and Entrepreneurship (MSDE), in collaboration with Gujarat’s Labour and Employment Department, held a State-Level Workshop at the NAMTECH Campus within IIT-Gandhinagar to discuss the National Scheme for ITI Upgradation.The consultation brought together key stakeholders from industry and the training ecosystem to align expectations and support implementation of the scheme, which aims to transform 1,000 Industrial Training Institutes (ITIs) across India using a hub-and-spoke model. The total outlay stands ..

Next Story
Infrastructure Urban

India Unveils Rs 600 Billion Maritime Finance Push

The Ministry of Ports, Shipping & Waterways (MoPSW) hosted the Maritime Financing Summit 2025 in New Delhi, bringing together over 250 stakeholders including policymakers, industry leaders, global investors, and financial institutions. The summit, held under the ambit of Maritime Amrit Kaal Vision (MAKV) 2047, focused on transforming India into a leading maritime power with strengthened financial, infrastructural, and technological capabilities.Union Minister Sarbananda Sonowal emphasised India's strategic progress, noting that average port turnaround times have dropped from four days to u..

Next Story
Infrastructure Urban

Govt Allocates Rs 500 Million To Boost Community Radio

The Central Government, through its ‘Supporting Community Radio Movement in India’ scheme, has allocated Rs 500 million to strengthen the community radio ecosystem across the country. The initiative aims to assist both newly established and long-operational Community Radio Stations (CRSs), ensuring their relevance to local educational, social, cultural, and developmental needs.According to the policy published by the Ministry of Information and Broadcasting, CRSs may be set up by not-for-profit organisations with at least three years of demonstrated community service. These stations are ex..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?