Employee health insurance has been the primary driver of health insurance penetration across developed countries. India is riding on the same wave. Employee health insurance covers 250mn people today, and would cover over 500mn people in the next decade.
But insurance in India still remains a hairy problem. No trust. Inhuman behaviour. Low awareness. Too much paperwork. Communication gaps. Overcomplicated systems. Commoditisation. Complication. Manual processes. Opacity. Too much fine print. Warped policies. Scamming. Too many hiding features. Loopholes. Fear. Intimidating processes.
With Plum, we are building the most trusted insurance & healthcare provider for people and companies
Our co-founders Abhishek Poddar and Saurabh Arora bring together an excellent marriage of future-forward engineering, the ability to blend in micro and macro perspectives, great attention to detail in user experience, and most of all a sense of humanity, empathy and community.
Plum is backed by truly long term investors.