Riskbirbal Launches Healthcare & Insurance Management Platform Wellconnect

Wellconnect integrates advanced technology, data-driven insights, and personalized care to transform the healthcare and insurance experience.

Delhi-based Riskbirbal Insurance Brokers has launched a healthcare & insurance management platform, Wellconnect.

Riskbirbal Insurance Brokers specializes in personalized coverage. They aim to ensure a balanced approach between premium costs and benefits tailored to meet clients’ specific needs.

Wellconnect integrates advanced technology, data-driven insights, and personalized care to transform the healthcare and insurance experience.

Per the startup, Wellconnect utilized technology and data analysis to create a user-friendly experience. The platform provides tools for effective health insurance and employee wellness management.

Talking about the development, Syed Meraj Naqvi, CEO & principal officer at Riskbirbal Insurance Brokers, said, "We designed Wellconnect to address the complexities of navigating health insurance services. By centralizing information and automating tasks, Wellconnect offers a more streamlined approach for users."

Key Features

WellConnect features simplified policy management, automated task handling, an HR & claims dashboard, and seamless integration with its existing HRMS for a streamlined onboarding process.

The platform provides intuitive tools for effective health insurance management. Users can navigate and access relevant information.

Further, the platform empowers companies to manage employee wellness effectively. It offers resources and programs to enhance overall well-being.

WellConnect handles insurance and medical bills. Its goal is to empower companies to take charge of their employees' health and build a better future for them.

Founded in 2022, Riskbirbal Insurance Brokers is a Delhi-based insurance broking and risk management startup. Riskbirbal’s mission is to provide comprehensive insurance solutions and risk management.

Healthtech Insurance Trends in India

Gurugram-based ClaimBuddy, a leading health insurance claim assistance platform, closed its Series A funding round, securing a substantial investment of $5 million.

The round was led by Bharat Innovation Fund (BIF), with participation from Japanese fund CAC Capital, as well as existing investors Chiratae Ventures and Rebright Partners.

This funding injection will propel ClaimBuddy's mission to advance its technology, expand its team and sales network, and introduce new product lines, further enhancing its offerings for hospitals and patients.

In February, India’s apex insurance regulator, Insurance Regulation and Development Authority of India (IRDAI) unveiled the exposure draft of the insurance electronic marketplace- Bima Sugam.

As per IRDAI, Bima Sugam will be a one-stop solution for all insurance stakeholders vis-a-vis customers, insurers, intermediaries or insurance intermediaries, and insurance agents.

The Digital Public Infrastructure sought to enhance the availability, accessibility, and affordability of insurance while empowering and protecting the interest of policyholders.

The move is aimed to increase insurance penetration in India to achieve the vision of “Insurance for all by 2047”.