India’s leading InsurTech player, RenewBuy, has aimed to double its insurance advisor workforce strength by the end of 2023. The company is on an advisor** acquisition spree, where it is planning to increase its advisor base by 100k in the smaller markets. The Gurgaon headquartered company has approximately 70 branches across the country and the acquisition is planned across all its regions and offices.
In the last six years of the company’s inception, RenewBuy has built a national insurance advisor network of approx 95000 advisors, across 780 districts. The hiring process is thus, aimed at making more and more insurance advisors take insurance to the masses, and increase consumer base, especially in the smaller regions, where insurance is still not accessible.
Speaking on the occasion, Balachander Sekhar, CEO RenewBuy said, “The consumer outreach can only increase when we have more digitally enabled insurance advisors across the country.”