Policybazaar for Business (PBFB) a digital insurance aggregator and Fintech Company, has launched Enroute a digital platform designed to simplify marine and transit insurance operations for businesses involved in domestic and international trade. Newly launched digital platform enables businesses to easily declare shipments, generate marine and transit insurance certificates, and manage monthly declarations under annual marine insurance policies all in just a few clicks.
The platform has been launched by Policybazaar for Business, that provides marine and transit insurance solutions covering inland transit, import and export shipments, single transit covers, annual marine policies, and customized solutions for sectors such as manufacturing, retail, logistics, and e-commerce.
“Marine and transit insurance customers often faced operational hurdles due to fragmented platforms and complicated modes of declaration. The new platform is designed to benefit the customers by streamlining the entire process. They enjoy a seamless and hassle-free experience through the portal that provides clear, simplified and easily accessible information about their current policy. Businesses can now declare transits, generate insurance certificates and increase the sum insured seamlessly,” says Sajja Praveen Chowdary, Head, Policybazaar for Business.
Traditionally, businesses had to rely on manual processes and multiple systems to submit monthly declarations and issue transit-specific insurance certificates. These processes were time-consuming, prone to errors, and often led to compliance challenges putting claim eligibility at risk.
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Enroute streamlines these operational processes by offering a single, easy-to-use platform. Businesses can declare shipments, generate certificates, and update the sum insured digitally through the portal or WhatsApp. The platform uses OCR technology to automatically extract shipment details from invoices or LR copies, significantly reducing manual effort, improving accuracy, and ensuring smoother compliance. It is designed to integrate with existing invoice and supply chain management systems, Enroute automates declarations and certificate generation, helping businesses save time, reduce errors, and ensure uninterrupted business continuity.
Source : Press Release