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GoodHope Insure

Bangladesh's first IDRA-approved digital insurance marketplace

Distribution & Sales Growth Series A
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Overview

GoodHope Insure is a digital insurance marketplace and aggregator based in Dhaka, Bangladesh, serving individual consumers and enterprises seeking life, health, travel, motor, and group insurance products. The platform is regulated and approved by the Insurance Development and Regulatory Authority (IDRA), making it the first licensed insurtech platform in Bangladesh.

The company operates an online marketplace where customers can compare and purchase insurance policies from multiple Bangladeshi carriers through a single interface. Products are available via web and mobile app, with 24/7 customer service and claims support. The aggregation model connects users with six top-rated local insurance companies, simplifying access to coverage across multiple product lines.

GoodHope Insure has issued coverage to more than 150,000 policyholders across its life and health product lines. The company reports total funding of USD 41.5M from 78 investors, though specific round details are not publicly disclosed.

Products & Services

Life Insurance

Term and risk coverage products connecting individuals and families with Bangladeshi life insurance carriers at competitive premium rates.

Key Features

  • Comparison across multiple carriers
  • Online purchase and policy issuance
  • Simplified underwriting process

Target Users: Individual consumers

Health Insurance

Medical expense protection plans for both emergency and planned care, sourced from multiple partner carriers.

Key Features

  • Multiple carrier options
  • Individual and family coverage
  • Online enrollment

Target Users: Individual consumers

Travel Insurance

International travel coverage up to USD 50,000, with Schengen-compliant plans up to EUR 30,000 for European travel.

Key Features

  • International coverage up to USD 50,000
  • Schengen visa-compliant plans (EUR 30,000)
  • Available online

Target Users: International travelers

Motor Insurance

Car and bike coverage available through both web and mobile platforms.

Key Features

  • Car insurance coverage
  • Bike insurance coverage
  • Mobile app access

Target Users: Vehicle owners

Group Insurance

Corporate group coverage with no individual insurability requirements, designed for organizations and employers.

Key Features

  • No insurability requirements
  • Bulk enrollment
  • Corporate billing

Target Users: Employers, Corporations