Policybazaar for Business, the B2B arm of Indian InsurTech Policybazaar.com, has launched reinsurance operations in the UAE, Qatar, Oman, and Sri Lanka.
The initiative makes it one of the first India-based intermediaries to introduce a technology-led reinsurance model abroad, addressing regional demand for digital efficiency in risk management, according to Gulf News.
The new platform combines digital tools, data analytics, and actuarial insights to improve insurer decision-making. It supports placements in property, marine, liability, cyber, and climate-linked risks, aiming to cut inefficiencies in facultative and treaty transactions.
By enabling faster and more transparent reinsurance placements, the platform is set to reduce capacity gaps and support insurers handling complex risks in dynamic markets.
Policybazaar for Business also intends to develop a pan-Asian and Middle Eastern reinsurance network, strengthening its InsurTech-driven presence in emerging markets.
Policybazaar co-founder Tarun Mathur said, “We’ve built a digital-first reinsurance ecosystem that reduces friction, provides transparency, and allows insurers to make faster, data-led decisions. Markets like the UAE are dynamic and open to innovation, and our platform will help insurers manage complex risks more efficiently.”
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