Policybazaar for Business, has expanded its reinsurance operations to Sri Lanka, Qatar, Oman and the UAE.
With this move, it becomes one of the first India-based intermediary to take a technology-driven reinsurance model to international markets, addressing efficiency and capacity gaps in some of Asia and the Middle East’s most dynamic insurance ecosystems. Built on a digital-first foundation, Policybazaar for Business’ reinsurance arm leverages proprietary data analytics, actuarial insights, and over a decade of distribution expertise to deliver faster, more transparent facultative and treaty placements. The platform supports insurers across property, marine, liability, cyber, and climate-linked risks, bringing sharper underwriting discipline and speed to portfolios that have traditionally been underserved.
Policybazaar co-founder Tarun Mathur said that reinsurance, for too long, has operated in a way where scale and legacy networks outweighed clarity and innovation, but the world insurers now operate in is fundamentally different.
“They face climate volatility, systemic cyber threats, and heightened economic uncertainty – all at once. In this environment, what they need from their partners is not just capacity, but the ability to act on data, to see risks in sharper resolution, and to move with speed," he said.