GENNEXT INSURANCE BROKERS PRIVATE LIMITED
GENNEXT INSURANCE BROKERS PRIVATE LIMITED is an Indian insurance brokerage headquartered in Ahmedabad, Gujarat, operating under the PolicyWorld brand as a multi-line insurance distributor serving retail and SME clients across India.
- Company typePrivate
- Founded-
- Headquarters—
- Headcount51–100
- GTM typeB2B and B2C
- OfferingServices
GENNEXT INSURANCE BROKERS PRIVATE LIMITED firmographics
Firmographics- Name
- GENNEXT INSURANCE BROKERS PRIVATE LIMITED
- Legal name
- GENNEXT INSURANCE BROKERS PRIVATE LIMITED
- Website
- https://gennextinsurance.com
- Company type
- Private
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- GENNEXT INSURANCE BROKERS PRIVATE LIMITED is an Indian insurance brokerage headquartered in Ahmedabad, Gujarat, operating under the PolicyWorld brand as a multi-line insurance distributor serving retail and SME clients across India.
- Ownership category
- akta.pro rank
GENNEXT INSURANCE BROKERS PRIVATE LIMITED industry classification
Industry- Product category
- Insurance Brokerage
- NAICS
- Agencies, Brokerages, and Other Insurance Related Activities (5242), Insurance Agencies and Brokerages (52421), Insurance Agencies and Brokerages (524210)
- SIC
- Insurance Agents, Brokers & Service (6411)
- akta.pro primary industry
- Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines) (FSAEADAJ)
Keywords
GENNEXT INSURANCE BROKERS PRIVATE LIMITED business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Marketing or Sales, Operations, Infrastructure
GENNEXT INSURANCE BROKERS PRIVATE LIMITED product offering
Product offeringCore offering
GENNEXT INSURANCE BROKERS PRIVATE LIMITED, operating under the brand name PolicyWorld with the tagline "All insurance One umbrella," is an insurance brokerage firm based in Ahmedabad, Gujarat, India. The company intermediates between insurance buyers and multiple insurance carriers, offering access to a range of insurance products through a single brokerage relationship.
Differentiator
Problem solved
Functional benefit
Products and services
- PolicyWorld Insurance Brokerage Services Multi-line insurance brokerage service offered under the PolicyWorld brand, providing customers access to multiple categories of insurance products from various carriers through a single broker relationship. Targeted at individuals and businesses seeking consolidated insurance sourcing.
Companies that use GENNEXT INSURANCE BROKERS PRIVATE LIMITED
Customer profileIdeal customer profiles1 record
GENNEXT INSURANCE BROKERS PRIVATE LIMITED technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
GENNEXT INSURANCE BROKERS PRIVATE LIMITED competitors and assessment
Company assessmentDirect peers
- PolicyBazaar (PB Fintech): India's largest online insurance aggregator and broker, offering multi-line comparison and purchase across life, health, motor, and general insurance. Directly comparable as a multi-line insurance intermediary serving Indian consumers and SMEs.
- Turtlemint: India-focused digital insurance broker with a POSP-led distribution model across life, health, and general insurance. Comparable as a multi-line intermediary leveraging digital channels in the Indian market.
- InsuranceDekho: Indian insurtech platform distributing multi-line insurance products online and through partner networks. Comparable to GENNEXT in offering a broad 'one-stop' insurance proposition to Indian customers.
- Coverfox (PB Fintech): Online insurance brokerage in India now part of PB Fintech, distributing multi-line insurance products. Comparable in product breadth and Indian consumer target market.
- Bajaj Capital Insurance: Long-standing Indian financial services and insurance distributor offering multi-line insurance products. Comparable as an established Indian insurance intermediary with a broad product portfolio.
Emerging players
- Digit Insurance: Indian digital-first insurer offering motor, health, and other products directly to consumers. Comparable in target market and digital distribution approach, though it underwrites rather than brokers.
- Acko General Insurance: Digital-first Indian insurer and distributor selling motor, health, and other insurance products directly online. Comparable in distribution model and target customer, though it underwrites risk rather than acting purely as a broker.
Broad incumbents
- Marsh India Insurance Brokers: Indian arm of global broker Marsh, providing commercial insurance brokerage and risk advisory across multiple lines. Comparable as a licensed Indian insurance broker, though with a corporate/commercial focus and global backing.
- Willis Towers Watson India: Indian presence of global advisory and brokerage firm WTW, offering commercial insurance brokerage services. Comparable as a multi-line insurance intermediary operating in India.
- Aon India Insurance Brokers: Indian operations of global broker Aon, providing insurance brokerage and risk management for corporate clients. Comparable as a licensed insurance broker in India serving commercial customers across multiple lines.
Market position
Customer concentration
GENNEXT INSURANCE BROKERS PRIVATE LIMITED social profiles
Digital presenceGENNEXT INSURANCE BROKERS PRIVATE LIMITED financial estimates
Financial estimateRevenue estimate
Valuation estimate
GENNEXT INSURANCE BROKERS PRIVATE LIMITED leadership team
Management profileNumber of profiles
GENNEXT INSURANCE BROKERS PRIVATE LIMITED funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
GENNEXT INSURANCE BROKERS PRIVATE LIMITED M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about GENNEXT INSURANCE BROKERS PRIVATE LIMITED
What does GENNEXT INSURANCE BROKERS PRIVATE LIMITED do?
GENNEXT INSURANCE BROKERS PRIVATE LIMITED, operating under the brand name PolicyWorld with the tagline "All insurance One umbrella," is an insurance brokerage firm based in Ahmedabad, Gujarat, India. The company intermediates between insurance buyers and multiple insurance carriers, offering access to a range of insurance products through a single brokerage relationship.
Is GENNEXT INSURANCE BROKERS PRIVATE LIMITED a public or private company?
GENNEXT INSURANCE BROKERS PRIVATE LIMITED is a private company. It is classified as unknown and is currently operating.
When was GENNEXT INSURANCE BROKERS PRIVATE LIMITED founded?
GENNEXT INSURANCE BROKERS PRIVATE LIMITED was founded in -1. It employs 51 to 100 people.
Who are GENNEXT INSURANCE BROKERS PRIVATE LIMITED's main competitors?
Direct peers on record are PolicyBazaar (PB Fintech), Turtlemint, InsuranceDekho, Coverfox (PB Fintech) and Bajaj Capital Insurance. Emerging players are Digit Insurance and Acko General Insurance. Broad incumbents are Marsh India Insurance Brokers, Willis Towers Watson India and Aon India Insurance Brokers.
Does GENNEXT INSURANCE BROKERS PRIVATE LIMITED have an API?
No public API is recorded for GENNEXT INSURANCE BROKERS PRIVATE LIMITED.
What industry is GENNEXT INSURANCE BROKERS PRIVATE LIMITED in?
GENNEXT INSURANCE BROKERS PRIVATE LIMITED's product category is Insurance Brokerage. Its primary akta.pro industry code is FSAEADAJ, Specialty Insurance Brokerage (Marine, Aviation, Cyber, Professional Lines). Its NAICS code is 5242 and its SIC code is 6411.