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Bimaplan

Embedded insurance distribution platform for APAC and African markets

Distribution & Sales Growth Seed
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Overview

Bimaplan is an embedded insurance distribution platform for insurers, fintech companies, e-commerce platforms, and other digital businesses seeking to offer insurance products to their customers. Founded in 2020 by Vikul Goyal and headquartered in Bengaluru, India, the company focuses on making insurance accessible to low- and middle-income segments -- the missing middle -- across APAC and increasingly in Africa.

The company offers a full-stack SaaS solution branded UNO that handles the end-to-end insurance distribution lifecycle, including product configuration, customer onboarding, premium reconciliation, claims management, and automated document verification via OCR. Partners integrate through a REST API or white-labeled portals, enabling policy issuance without deep insurance infrastructure of their own.

Bimaplan has served approximately 5 million customers since founding and raised USD 4M in total funding, including a USD 3.5M Pre-Series A led by Orios Venture Partners in 2023. The company is a Y Combinator alumnus and has expanded internationally, launching a program in Zambia and partnering with FSD Africa to enter additional African markets.

Products & Services

UNO Platform

White-labeled embedded insurance platform enabling distribution partners to offer multiple insurance products to their customers. Covers the full customer lifecycle from onboarding to claims.

Key Features

  • Customizable insurance product configuration
  • End-to-end customer lifecycle management
  • Instant digital payments and premium transfer
  • Digital consent capture via OTP
  • Automated document verification with OCR

Target Users: Fintech companies, e-commerce platforms, gig economy platforms, SMEs, and other digital businesses seeking to offer insurance

Bimaplan API Kit

REST API enabling single-integration access to insurance distribution capabilities. Supports Node.js/JavaScript SDKs and allows partners to add insurance plans by adjusting parameters.

Key Features

  • Single API integration for policy issuance
  • Instant premium transfer
  • Digital consent capture
  • OTP-based verification

Target Users: Developers and technology teams at distribution partner organizations

Partner Seller Portal

Web portal enabling sales teams at partner organizations to upload customer data and submit applications for policy issuance without direct API integration.

Key Features

  • Bulk customer data upload
  • Policy submission and issuance workflow
  • Agent-facing interface for field operations

Target Users: Insurance agents and partner sales staff

Partner Manager Portal

Analytics and management portal for partners overseeing insurance distribution operations.

Key Features

  • Distribution analytics and reporting
  • Operations management dashboard

Target Users: Operations managers at distribution partner organizations

Bimabuddy App

Mobile application for field-based partner agents to manage insurance distribution and policy operations.

Target Users: Field agents and mobile-first distribution partners

Customer App

Mobile and web application enabling end customers to manage policies, make renewals, and submit claims.

Key Features

  • Policy management and renewals
  • Claims submission and status tracking
  • Instant policy issuance

Target Users: End insurance customers of Bimaplan-powered programs

At a Glance

Founded
2020
Headquarters
Bengaluru, Karnataka, India
Employees
11-50
Funding
Seed

Category & Focus

Category
Distribution & Sales
Subcategories
Embedded Insurance API Distribution Partner Distribution
Insurance Verticals
Life & Annuity Health Group Benefits P&C Personal
Target Customers
Carriers, Agents/Agencies, Consumers

Customers

  • Vector Finance
  • Quess Corp
  • Credit Wise Capital
  • New Street Technologies
  • Popcorn GST Kendra

Links

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Last updated: 2026-05-17