Policybazaar expands into Sri Lanka

Co-Founder Tarun Mathur

Policybazaar for Business, the B2B arm of Policybazaar.com, announced the launch of its reinsurance operations in Sri Lanka, Qatar, Oman and the UAE. 

With this step, it becomes one of the first India-based intermediaries 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, “Sri Lanka, Qatar, Oman, and the UAE are all markets where insurers are ambitious, where innovation is welcome and where efficiency gaps remain. Our role is to stand shoulder to shoulder with these insurers – helping them transfer risk in a way that is modern, data-led and globally connected. This is not just an entry into four new geographies; it is the start of building a pan-Asian reinsurance network with technology 

at its core.”