PNB MetLife India Insurance Company Limited has launched a digital platform called 360 BIZ, designed to simplify group insurance and employee benefits administration for companies. The platform aims to provide a seamless digital experience for both employees and employers, bringing together comprehensive insurance coverage and flexible employee benefits.
The platform offers a range of benefits, including Group Term Life, Voluntary Group Life, and Critical Illness cover for employees. According to Sameer Bansal, MD & CEO of PNB MetLife, 360 BIZ is designed to empower employees while enabling organizations to manage benefits with greater speed, accuracy, and insight. The platform uses technology to enhance the human experience, bridging the gap between corporate offerings and individual needs.
For employers, the key features of 360 BIZ include real-time dashboards with total control, allowing them to manage group benefits, employees’ insurance coverage, and administrative tasks effortlessly. The platform also offers employee engagement tools, such as rewards, polls, and surveys, to drive employee engagement. Additionally, 360 BIZ promotes a healthier, more resilient workforce with wellness-focused insurance and health support programs.
For employees, the platform offers digital benefits management, providing seamless access to insurance and employee benefits through a unified platform. Employees can also access instant top-up coverage, voluntary insurance top-ups available instantly online. The platform provides personalized recommendations, tailored product suggestions based on life events, such as child’s education or retirement planning. Employees can also access all policies and coverage details digitally, allowing for easy tracking and updates. Furthermore, the platform offers flexible payment options, enabling premium payment through salary adjustment or online payment options.
Overall, 360 BIZ is designed to elevate the employee experience while simplifying group insurance and employee benefits administration for companies. The platform’s innovative features and user-friendly interface make it an attractive solution for businesses of all sizes. By providing a comprehensive and flexible digital platform, PNB MetLife aims to deliver tangible benefits to both employees and employers, promoting informed choices, deeper engagement, and stronger financial preparedness.