Startup Watch:
This health tech startup has come up with a unique way to help Small and Medium Enterprises (SMEs) offer a competitive healthcare package to their employees.
Some people want to join startups for that charged environment and challenging work opportunities, yet others refrain from doing so when they find that the employee benefits package don’t match a corporate biggie´s. Thus, many SMEs are losing out on young talent. Employee benefits help SMEs to attract and retain good talent.
Out of the 55 crores strong workforce in India, only 14% works in the organized sector, where large corporates provide their employees and their family some form of healthcare and benefits. Onsurity, an AI-based insurtech startup is bringing affordable insurance and employee benefits products for the SME and startups sectors for seeking health care benefits.
The Magic of Monthly Payments
With Onsurity´s monthly model, small businesses can say that they offer a safe workplace for an employee.
A monthly healthcare benefit really works well with small business owners, because we don’t lock in their precious working capital.
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