The Policy Exchange

The company is founded by industry veterans who collectively have more than 50 years of experience in the BFSI sector. Problem we identified: The three main stakeholders in the Life Insurance Market, namely policy owners, insurance companies, and insurance agents, face challenges that are unique to each of them but are interconnected. A policyholder is faced with the dilemma of continuing the policy during financially difficult times, forcing them to discontinue or surrender it, resulting in a loss of both protection and value. Because of the lower persistency, this mid-term policy termination has an impact on the Insurance companys profitability. Simultaneously, an insurance agent loses his renewal income, threatening his livelihood. Value Proposition/ Solution brought by The Policy Exchange: The Policy Exchange proposes to solve this problem by bridging the gap between the troubled policyholder who is unable to pay the renewal premium and the investor looking to invest in a sa...