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Build your career in insurance by becoming a Business Partner with us
Join us as a Point of Sales Person (POSP) and say hello to a lucrative earning opportunity
What is Point of Sales Person (POSP)?
The Insurance Regulatory and Development Authority of India (IRDAI), in 2015, allowed for a new type of insurance intermediary called the “Point Of Sale Person (POSP)”.
Point Of Sale Person (POSP) means an individual who possesses the minimum qualifications, has undergone training and passed the examination as specified in IRDAI POSP Guidelines, solicits and markets only such products as specified by the Authority (IRDAI).
Who can become a POSP?
An individual who is:
At least 18 years of age (major)
At least passed 10th standard
No agency with any insurer / intermediary
Benefits as a Point of Sale Person (POSP)
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Rewarding Career
You will help people realize their dreams by fulfilling their financial goals. The difference you make to their lives is more rewarding and satisfying than you could ever imagine.
Attractive Remuneration
We offer one of the best remuneration systems in the industry helping you earn commission on every policy sold.
As a POSP, you will be a true entrepreneur. you have the freedom to be your own boss: work for yourself, choose your own clients and make your own money.
World-Class Training
We provide you with the best-in-class training systems, since that is what differentiates our POSP from the rest. Even if you don’t have previous experience in selling, our multi-dimensional training programme conducted by our qualified in-house training personnel, will make you a specialist in life and general insurance sales.
A Successful Team
By joining us, you will be a part of the country’s finest team of POSP.
Commitment to POSP system
Our commitment to the POSP system means that, we support you and your efforts not just today, but at every stage of your business. We believe in encouraging you to strive and achieve the highest levels of success, throughout your career.
Infrastructure Support
We have invested in creating a state-of-the-art infrastructure. You will have access to the necessary tools, technology and people support that will enable you to build a profitable long-term business.
One Stop Solution - All insurance products
You can offer your customers over 50 product combinations of unique life and general insurance products and riders to help them meet all their financial goals . In order to give you a greater competitive edge, we are also continuously working on newer and more innovative products from more Insurers .
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How to enroll as a POSP with Elephant
Step 1
Your POSP Account is created
Provide us with your name, address and KYC documents
Step 2
Training and Certification
A detailed training is provided from Elephant followed by Certification exam.
Step 3
Start selling insurance as POSP
Congratulations! You are now a certified POS partner with us.
Elephant will support your journey
When you join as a POSP, we understand that you need some kind of support to move forward. Elephant will provide you support in form of:
Insurance Recommendation
Say hi to Laxmi - the artificial intelligence. Laxmi is a friendly advisor who handholds customer through the entire process and recommends a solution that is a perfect fit for them.
Handpicked Insurer
Insurers have been handpicked basis their service, prices and claims paying capability to create a smooth experience.
Unmatched Price
Who doesn’t want less premium? With Elephant your customers pay even lesser! What better way to save!
Home Insurance upto Rs. 50 Lakhs
We know your homes are not insured. so here’s the surprise! With every car and two-wheeler covered, we get your home also insured!
Instant Policy Issuance
No more waiting for the physical policy. You can print the policy that we send immediately after a successful payment; and all this in just a few minutes!
Best in Class Claim Service
Things do go wrong, but our experienced and dedicated claims experts will help you manage claims for your customers.
We are commited to transparency
Elephant is an IRDA compliant ISNP (insurance self network platform) technology interface.
Elephant facilitates insurance transactions online with instant policy issuance.
Elephant has been audited and certified as a pre-requisite by IRDA to sell insurance online.
Brands that trust Elephant
About Elephant
Elephant is an online employee benefit platform for retail insurance.
Well, it’s not about us. It’s all about you. We don’t want to write long paragraphs bragging about things that we do. To cut the long story short, Elephant is an online insurance portal backed by one of India’s largest insurance brokers – Alliance Insurance Brokers Pvt. Ltd. offering all types of retail insurance, powered by artificial intelligence.
We love technology! Yes, we really do. We invest our time in building awesome tech-led solutions that help replace papers and technical jargons with bots and machine learning, to promise everything instantly! Right from handpicked insurance company, insurance recommendation, unmatched prices, assistance from experts, instant policy issuance to best in class claim service. And an automatic home insurance too with every car and two-wheleer insurance policy!
Become a certified POSP & start selling now insurance