Overview
BimeBazar is an insurance comparison and marketplace platform serving individual consumers in Iran. The platform enables users to search, compare, and purchase insurance policies from multiple Iranian insurers in a single digital workflow, covering auto, health, travel, fire, life, and disaster insurance.
The platform delivers a SaaS-based experience that aggregates real-time pricing from partner insurance companies, presents results side by side with sortable options (by price, discount, or popularity), and processes payments through a secure banking gateway with two-factor authentication. Customers receive their electronic policy by email immediately after payment. A native Android mobile app with over 100,000 downloads extends the service to mobile users.
BimeBazar ranks first among active insurtech competitors in Iran according to Tracxn. The company was seeded by Royesh Lotus Venture Capital and Sina VC, and has been cited in Tehran Times as one of the pioneer insurtech companies in the Iranian market. Its insurance company partners include Iran Insurance, Asia Insurance, Dana Insurance, Razi Insurance, Saman Insurance, Alborz Insurance, and Moallem Insurance.
Products & Services
Insurance Comparison Platform
A web-based platform that aggregates insurance offerings from multiple Iranian carriers, allowing users to compare prices, coverage limits, and policy terms side by side. Users can filter and sort results, select a plan, and complete purchase digitally.
Key Features
- Real-time price aggregation from partner insurance companies
- Side-by-side comparison by price, discount, or popularity
- Secure payment gateway with two-factor authentication
- Immediate electronic policy issuance (PDF) by email
Target Users: Individual consumers in Iran seeking to compare and purchase insurance policies
Mobile App (Android)
A native Android application (Google Play) that provides the full insurance comparison and purchase experience on mobile devices.
Key Features
- Full comparison and purchase flow
- 100,000+ downloads on Google Play
- Policy management and access
Target Users: Iranian consumers preferring mobile access
At a Glance
- Founded
- 2016
- Headquarters
- Tehran, Iran
- Employees
- 51-200
- Funding
- Seed
Category & Focus
- Category
- Distribution & Sales
- Subcategories
- Insurance comparison digital marketplace quote-to-bind
- Insurance Verticals
- P&C Personal Health Life & Annuity Specialty/E&S
- Target Customers
- Consumers
Customers
- Individual consumers across Iran
Links
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Last updated: 2026-06-12