Top 10 employee benefits platforms in India

92% of employees in India feel that the employee benefits provided to them are barely of any use. The majority of employees feel that the benefits are either not personalized or they hardly cater to their needs. By just purchasing the best employee benefits from the top employee benefits platforms, you are retaining top talents in your organizations.

The modern Indian workforce no longer just seeks that “high CTC package”. Today’s workforce has shifted their focus from just high salary figures to comprehensive employee benefits that give them security and protection at all times.

Finding the right employee benefits platform is halfway through getting the best employee benefits that exactly meets the requirement of your workforce.

What is an employee benefits platform?

An employee benefits platform is a digital solution that enables organizations to design, manage, and deliver a wide range of employee benefits through a single interface. These platforms help HR teams administer benefits such as group health insurance, group life and accident insurance, wellness programs, tax-saving cards, reimbursements, and flexible benefit plans efficiently.

By automating benefit enrollment, policy management, claims tracking, and employee communication, an employee benefits platform reduces administrative complexity, improves transparency, and ensures employees can easily access and understand their benefits. For employees, it offers a self-service experience where they can view coverage details, raise claims, and choose benefits that best suit their personal needs.

In today’s evolving workplace, employee benefits platforms play a critical role in enhancing employee experience, improving retention, ensuring compliance, and helping organizations offer personalized and cost-effective benefits at scale.

Top 10 Employee benefits platforms in India

Here’s the list of the top 10 best employee benefits platforms in India.

1. Pazcare

Trusted by 2000+ companies, Pazcare has been able to place itself as the top best employee benefits platform in India. Pazcare remains the top choice for companies mostly because of its tech-enabled employee benefits platforms which help companies manage employee insurance & benefits at their fingertips.

Pazcare offers innovative insurance products like group health insurance, group term life insurance, group personal accident insurance, employee benefits tax saving cards, and health & wellness products that enable organizations to provide world-class benefits to their workforce. Pazcare offers your team enhanced employee benefits like mental wellness, virtual doctor consultations, regular check-ups, dental consultations, and many more at affordable prices.

Mindtickle, Treebo Hotels, Chaayos, Mamaearth, Beer Biceps, and Lead School are some of the clients that enjoy the benefits provided by Pazcare. Pazcare is backed by marquee investors including BeeNext Ventures, 3one4 Capital, Varun Alagh, and Ashneer Grover.

2. Anviti Insurance

Anviti Insurance Brokers Private Limited is a leading insurance brokerage firm that provides a broad range of risk, retirement, and health solutions to its clients. Anviti renamed Aon India Insurance Brokers has been able to remain the top employee benefits provider in India with its innovative offerings like risk management, property and business integration, health benefits, reinsurance, and so on.

Founded in 2016, Anviti Insurance Brokers helps organizations provide comprehensive employee benefits to their employees with their advanced analytics employee benefits platforms. Anviti provides solutions to its clients and helps them make informed decisions to grow their businesses.

With 50,000+ employees worldwide spread in 120 countries, Anviti helps clients to improve their performance with their commercial risk solutions, reinsurance/ retirement solutions, and health solutions.

3. Howden Insurance Brokers India Pvt Ltd

Spread across 80 countries with over 5,000 specialists, Howden Insurance Brokers India Private Limited (Howden India) has made it to the top insurance benefit brokers in the country. Howden India provides comprehensive risk management, consulting insurance broking, and insurance portfolio management services to its clients. Their tech-enabled employee benefits platforms help their clients navigate the benefits at their fingertips.

Howden Insurance Brokers specializes in liability, construction, property insurance, and employee benefits. Clients prefer Howden Brokers because of its top-notch customer risk management and insurance solutions. The corporate office is in major metro cities in India like Mumbai, Delhi, Bangalore, Kolkata, and so on.

Howden Insurance Brokers ensures world-class services to its clients with its experienced, multidisciplinary team of experts who are dedicated to providing robust insurance solutions to its clients.

4. Ethika Insurance

Using technology and innovation to simplify employee health insurance, Ethika Insurance has made it to the list of top insurance benefit brokers in the country. Ethika Insurance Brokers aim to redefine employee benefits by adding the most missing element in employee group health insurance, which is employee happiness.

With over 450+ happy clients, Ethika Insurance has been able to impact 100K lives. Ethika Insurance brokers believe that the real purpose of employee health insurance should not be just limited to providing financial support. Organizations should focus on preventing their workforce from getting sick in the first place.

Quest, Skillsoft, The Scalers, and Gainsight are some of the major clients of Ethika Insurance. With the core focus on employee happiness, Ethika Insurance is here to disrupt the employee benefits space.

5. Mahindra Insurance Brokers

With the mission of providing value to customers with innovative insurance products, Mahindra Insurance Brokers has been one of the most preferred insurance benefit providers for organizations. By understanding your insurance needs, Mahindra Insurance brokers provide cost-effective solutions to ensure customer satisfaction.

Mahindra Insurance Brokers is a total insurance risk solution provider foraying into the reinsurance broking business to provide clients the world-class service.

Since the inception of Mahindra Insurance Brokers Ltd. (MIBL), it has been providing customized solutions to its clients in the most cost-effective way. With the motto “Every person at every doorstep should be insured”, Mahindra is on the mission of helping clients thrive with the best employee benefits.

6. Mercer Marsh 

Mercer Marsh Benefits is a global leader in employee benefits consulting, insurance broking, and workforce health solutions, serving large enterprises across industries. With deep actuarial expertise and access to global benchmarks, Mercer Marsh helps organizations design, manage, and continuously optimize employee benefits programs.

The platform is particularly strong in data-driven decision-making, using analytics to evaluate benefit utilization, cost trends, and employee health risks. Mercer Marsh supports employers across group health insurance, life insurance, retirement benefits, and wellbeing strategies, helping them strike a balance between cost efficiency and employee value.

Large enterprises prefer Mercer Marsh for its strategic advisory capabilities, global best practices, and ability to manage complex, multi-country employee benefits programs.

7. Willis Towers Watson (WTW) India

Willis Towers Watson India offers comprehensive employee benefits advisory, risk management, and HR consulting services to organizations in India. WTW works closely with employers to design competitive and sustainable benefits programs that align with business goals and workforce needs.

WTW helps organizations manage rising healthcare costs through structured benefits frameworks, benchmarking, and risk assessment. Its offerings span group health insurance, wellbeing programs, retirement solutions, and total rewards consulting.

Organizations choose WTW for its strong consulting-led approach, deep industry research, and focus on improving employee wellbeing while maintaining long-term cost control.

8. Bajaj Allianz Insurance 

Bajaj Allianz Insurance Broking supports organizations with corporate insurance solutions such as group health insurance, group personal accident insurance, and group term life policies. Backed by the strong insurer ecosystem of Bajaj Allianz, the platform ensures reliability, wide coverage options, and strong claims support.

Bajaj Allianz Insurance Broking focuses on providing customized, cost-effective insurance solutions tailored to the specific needs of organizations. Its strength lies in insurer relationships, efficient policy servicing, and dependable customer support.

Many organizations prefer Bajaj Allianz Insurance Broking for its brand trust, extensive market presence, and consistent service delivery.

9. Policybazaar 

Policybazaar for Business helps startups and SMEs compare, purchase, and manage employee insurance policies online. The platform offers group health insurance, group term life insurance, and group personal accident insurance with transparent pricing and quick policy issuance.

Policybazaar for Business simplifies decision-making by allowing employers to compare multiple insurers, coverage options, and premiums on a single platform. It is particularly popular among growing companies looking for speed, transparency, and affordability without complex negotiations.

Startups and SMEs choose Policybazaar for Business for its digital-first experience, easy onboarding, and simplified insurance management.

10. Onsurity

Onsurity focuses on making employee benefits accessible and affordable for SMEs and startups. The platform offers group health insurance, doctor consultations, wellness programs, and financial protection benefits at budget-friendly prices.

Onsurity’s subscription-based model allows small businesses to offer corporate-grade benefits without heavy upfront costs or administrative burden. Its simple onboarding process and bundled offerings make it easy for companies with limited HR bandwidth to roll out meaningful benefits quickly.

Organizations choose Onsurity for its SME-focused pricing, ease of use, and ability to improve employee health and satisfaction without complex benefit structures.

Features of a good employee benefits platform

• HRMS/Payroll Integration: Syncs automatically with employee data and payroll.
  
• Mobile-Friendly: Employees can access benefits anytime, anywhere.
  
• Flexi-Benefits: Let employees choose perks that matter most to them.
  
• Wellness Add-Ons: Mental health, fitness, and telemedicine options.
  
• Claims Tracking: Transparent, real-time updates on reimbursements.‍
• 24x7 Support: Quick help for employees and HR teams whenever needed.

How do employee benefits platforms help organizations?

Employee benefits platforms are designed to provide benefits at the fingertips of each and every employee in an organization that improves the overall employee experience. Here’s how an organization can benefit by just being on the right employee benefits platform.

• Increases employee engagement in an organization
• Helps employees navigate their employee benefits better
• Provides complete visibility & accountability between employees and employer
• Improves employee retention in an organization.

In a recent research, it was concluded that the main reason for employee retention is the comprehensive employee benefits offered by an organization. By just reaching out to the best employee benefits brokers, you’re embarking on a journey to make your organization the best place to work.

Ready to upgrade your employee benefits?

‍Discover how the right employee benefits platform can simplify HR management, boost employee engagement, and improve retention.

Book a free demo with Pazcare today.