# Fanavaran Ittelaat Khabrehkaar

> Core insurance platform serving 80% of Iran's insurance market

## At a glance

| Field | Value |
| --- | --- |
| Category | Core Administration |
| Type | Solutions Provider |
| Region | EMEA |
| Headquarters | Tehran, Iran |
| Founded | 2003 |
| Stage | Established |
| Employees | 201-500 |
| Funding | Bootstrapped |

## Overview

Fanavaran Ittelaat Khabrehkaar (operating as IranEIT) is a core insurance administration platform provider for insurance carriers in Iran. The company builds and maintains Bonyan, a comprehensive policy and operations management system that handles the full policy lifecycle -- from underwriting and policy issuance through endorsements, claims processing, financial management, and reinsurance administration.

The Bonyan platform is delivered as a hybrid on-premise and cloud-capable system and integrates with banks, healthcare providers, and third-party systems via open REST APIs. Ancillary products include the Pooyan/Poyesh business intelligence suite for insurance data analytics, the Maad electronic health referral system, and dedicated bank-insurance integration tools. The company also operates reinsurance exchange platforms facilitating cedant-reinsurer transactions within the Iranian market.

Founded in 2003, Fanavaran has become the dominant core systems vendor in the Iranian insurance industry, with 21 documented customer relationships representing approximately 80% of Iran's active insurance companies. The company employs 450 or more specialized staff and reports annual revenue of approximately USD 25.3M. It operates as a privately held entity without external venture or institutional investment.

## Products & services

### Bonyan Core Insurance Management System

Bonyan is Fanavaran's flagship core insurance platform, serving as the central operational system for insurance carriers. It integrates all major operational areas into a single unified platform.

**Key features:**

- Policy management and full lifecycle administration
- Underwriting and risk assessment workflows
- Claims processing and adjudication
- Policy endorsement and modification handling
- Financial management and accounting integration
- Reinsurance administration and exchange support

*Target users:* Insurance carriers and companies operating in the Iranian market

### Pooyan/Poyesh Business Intelligence Suite

Advanced analytics and reporting tools designed for insurance-specific data analysis and management decision support.

**Key features:**

- Insurance portfolio analytics and reporting
- Actuarial and operational data visualization
- Performance dashboards for carrier management

*Target users:* Insurance company management and actuarial teams

### Maad Electronic Treatment Referral System

Digital health and medical referral platform supporting insurance-related healthcare coordination and benefit administration.

**Key features:**

- Electronic medical referral workflows
- Integration with health insurance policy systems
- Digital documentation and tracking

*Target users:* Health and life insurance carriers

### Bank\-Insurance Integration Solutions

Specialized integration tools enabling coordination between banking institutions and insurance companies.

**Key features:**

- Joint product and policy management
- Cross\-institution data exchange
- Bancassurance workflow support

*Target users:* Banks with insurance partnerships and bancassurance programs

### Reinsurance Exchange Platform

Digital tools facilitating reinsurance transactions and market participation for Iranian insurers.

**Key features:**

- Cedant\-reinsurer transaction management
- Reinsurance accounting and settlement
- Market participation and placement tools

*Target users:* Insurance carriers with reinsurance programs and ceded risk portfolios

## Category & focus

- Subcategories: Policy Administration, Claims Management, Underwriting Workbench, Reinsurance Technology
- Insurance verticals: P&C Personal, P&C Commercial, Life & Annuity
- Target customers: Carriers

## Notable customers

- Bimeh Asia
- Bimeh Dana
- Bimeh Alborz
- Bimeh Parsian

## Links

- Website: <https://www.iraneit.com>
- Directory profile: <https://insurtechlist.com/companies/fanavaran-ittelaat-khabrehkaar/>
- About: <https://en.iraneit.com/about-us/>
- Linkedin: <https://ir.linkedin.com/company/iraneit-co->
- Blog/news: <https://en.iraneit.com/category/news/>

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*Last updated: 2026\-06\-26*