RenewBuy is continually expanding its product and IT teams aims to increase employment in the future

By siliconindia  |  Tuesday, 25 April 2023, 03:54:37 PM IST

RenewBuy is continually expanding its product and IT teams aims to increase employment in the future
India’s leading InsurTech player, RenewBuy, continues expanding its employee strength across tech functions; product development; and sales & insurance advisory functions, as the company continues with its national expansion plans.
The Gurgaon headquartered company, which has 72 branches across the country is acquiring talent at the Head Office and across its key branches in the metro cities. InsurTech is the cornerstone of everything being done at RenewBuy. The company is bullish on increasing its consumer outreach and continuously building up the tech stack, while introducing multiple customised products in the life and health insurance categories. RenewBuy is thus looking at hiring sales experts, tech developers, product managers and application support developers.
Speaking on this, Balachander Sekhar, Founder and CEO, RenewBuy said, “Amidst the current macroeconomic market challenges, RenewBuy is growing at a very fast pace and expanding its team; we are looking at an employee growth of more than 10% by the next quarter. We are not only focused on hiring but ensure that our existing employees feel content with long-term job security, healthy work-life balance, inclusive work environment, positive work culture and get ample opportunities for career growth within the organization.”
“The strong leadership team, which has been associated with RenewBuy, since its inception, ensures that future leaders are created from within the organization. Extensive leadership training programs are conducted; and individuals who exhibit exemplary work, honesty and dedication are rewarded in multiple ways. RenewBuy’s leadership team has been working persistently throughout the years, to solve the pressing challenges with insurance and capitalise on tomorrow’s opportunities”, Balachander further added.
The demand for digital insurance has never been this strong; as the consumer behaviour and preferences are fast moving towards InsurTech. There has been huge willingness to buy insurance in the Tier 2/3 cities and beyond, in the last 2-3 years. This willingness is now coupled with consumer preference, towards customised insurance products, especially in the health and life insurance categories. RenewBuy is progressively catering to this changing consumer behaviour and has recently launched customised products in the health and life insurance, which are receiving very encouraging responses from the consumers.  
The global economic status-quo makes it all the more important for consumers to protect themselves with a financial cushion, in case of any unexpected financial losses. Insurance is one such product which is increasingly vital in this context, and industry needs more manpower to help make insurance reach out to each and every individual in the country.  
Source: Press Release

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