Kathmandu. Policybazaar.com, one of India’s largest insurance platforms, has expanded its global presence by operating reinsurance platforms in Sri Lanka, Qatar, Oman and UAE.
With this launch, Policybazaar has become India’s first intermediary to offer a technology-driven reinsurance model in the fast-growing regions of Asia and the Middle East. Which often faces efficiency and capacity constraints.
Built on a digital-first foundation, Policybazaar’s reinsurance platform combines data analysis, actuarial insights and more than a decade of distribution expertise to deliver faster, more transparent and data-driven faculty and contract placements. The platform is designed to support insurance companies on property, maritime, liability, cyber and climate risks.
With improved underwriting discipline and speed, Policybazaar aims to better serve traditionally underserved portfolios. “Reinsurance has long relied on traditional networks rather than innovation,” said Tarun Mathur, co-founder and CBO of corporate insurance and reinsurance at Policybazaar. They need partners who provide not just the ability but also the clarity, speed and the ability to make data-driven decisions. ’
