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.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Hexalog Appoints Vishal Shukla as Chief Transformation Officer

Hexalog, a cross-border supply chain and logistics company, has appointed Vishal Shukla as Chief Transformation Officer (CTO) to lead its operational transformation, technology adoption and expansion into new international markets.In his new role, Shukla will oversee the company's transformation strategy across operations, technology, product development and business expansion. His responsibilities include standardising processes, developing scalable operating models, strengthening existing trade corridors and introducing new fulfilment solutions for cross-border businesses.Shukla brings nearl..

Next Story
Real Estate

Dhuleva Group Awards 80-Storey Tower Contract to Eversendai

Dhuleva Group has awarded the core and shell structural construction contract for Dhuleva One50, an upcoming 80-storey ultra-luxury residential tower in South Mumbai, to Malaysia-based engineering and construction company Eversendai.Located near the Babulnath district, the development is planned as a high-rise residential landmark offering panoramic views of the Arabian Sea and Mumbai's skyline. The project will combine contemporary architecture with advanced engineering and premium residential facilities.Eversendai will undertake the structural construction works, drawing on its experience in..

Next Story
Building Material

Nuvoco Marks 10 Years, Targets 35 MMTPA Capacity by FY28

Nuvoco Vistas Corporation Limited is celebrating a decade of operations under the theme ‘Dus Saal Bemisaal’, highlighting its expansion in India's building materials sector. The company has grown from a single cement manufacturing facility into a diversified organisation operating across cement, ready-mix concrete (RMC) and modern building materials.The company's journey began in 2014 when its parent, Nirma Group, commissioned a 2 million metric tonnes per annum (MMTPA) greenfield cement plant at Nimbol, Rajasthan. A major milestone followed in October 2016 with the acquisition of Lafarge ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code