Onsurity Technologies Private Limited: Company Research Report

Company Overview

Name: Onsurity Technologies Private Limited

Mission: Our mission is to help businesses grow with happier, healthier employees. By providing healthcare solutions to MSMEs, we want to bring them at-par with larger corporates, with no extra burden on their working capital.

Founded: No information is available

Founders:

Yogesh Agarwal (CEO & Founder)

Kulin Shah (COO & Co-Founder)

Key People:

Yogesh Agarwal (CEO & Founder)

Kulin Shah (COO & Co-Founder)

Headquarters: Smartworks, Vaishnavi Tech Park, South Tower, Sy No-16/1, Bellandur Gate, Sarjapur main Road, Ambalipura, Bangalore, Karnataka-560103

Number of Employees: No information is available

Revenue: No information is available

Known For: Onsurity is known for providing healthtech services and monthly, comprehensive employee healthcare solutions targeted at SMEs, MSMEs, startups, and growing businesses. The company aims to democratize healthcare accessibility using technology.

Products

Health Membership

Description: Comprehensive healthcare memberships for employees and their families offering a variety of health benefits.

Key Features:

In-app health check-ups

Free doctor consultations

Gym membership

Discounts on medicines and health check-ups

Maternity benefits

Group health insurance

Group term life insurance

Group personal accident insurance

Digital and paperless services

Good Doctors

Description: A dedicated support team that assists employees with hospitalizations, claims processing, and healthcare queries.

Key Features:

Cashless hospitalization assistance

Reimbursement support

Proactive claims assistance

End-to-end service

Empathetic support

Tele-Consultation

Description: Online doctor consultations available to members.

Key Features:

Available via video, phone, or chat

Up to 4 free consultations

Wellness Programs

Description: Programs focused on overall health and wellness, available through the Onsurity app.

Key Features:

Fitness tracking

Access to webinars on fitness, wellness, and yoga

Discounts on fitness plans and products

Group Insurance Plans

Description: Comprehensive insurance plans for employees, including health, life, accident, and liability insurance.

Key Features:

Customizable plans

Covers pre-existing conditions

Digital dashboard for HR management

Enhanced employee satisfaction and retention

Cyber Insurance

Description: Protection against financial and reputational risks due to cyber threats.

Key Features:

Coverage for data breaches, ransomware, and legal costs

Support for identity restoration

Coverage for financial losses and business interruption

Asset Insurance

Description: Insurance coverage for physical assets of the company.

Key Features:

Coverage for fire, theft, and natural disasters

Adds-on like business interruption and machinery breakdown insurance

Workmen Compensation Insurance

Description: Insurance offering compensation to employees for injuries or disabilities due to workplace accidents.

Key Features:

Coverage for death, permanent or partial disability, and medical expenses

Adheres to Workmen's Compensation Act of 1923

Recent Developments

New Products Launched

Cyber Insurance for SMEs: To mitigate cybersecurity risks.

Comprehensive General Liability (CGL) Insurance: Protects businesses against customer and third-party liability.

New Features Added to Existing Products

Enhanced wellness programs with fitness tracking and webinars.

Expanded insurance coverage options including cyber insurance and directors & officers liability insurance.

Partnerships

Visa: Collaboration to provide subscription-based health programs for SME employees.

Microsoft: Partnered to deliver healthcare solutions.

Other Developments

Multiple companies have praised Onsurity for efficient healthcare management and claims processing.

Efforts to include fitness and wellness programs in the memberships to promote a healthier workforce.

Conclusion

Onsurity Technologies Private Limited is revolutionizing employee healthcare in India by providing affordable and comprehensive health memberships specifically designed for SMEs, MSMEs, startups, and growing businesses. With a range of products and recent partnerships, Onsurity is well-positioned to continue its growth and impact in the healthtech sector.