Riton

Insurance core platform and digital transformation infrastructure for carriers in Iran and the MENA region.

Core Administration Growth Bootstrapped

Overview

Riton is an insurance core platform and open insurance infrastructure provider serving carriers and insurtech participants in Iran and the MENA region. The company was formed through a strategic partnership between Pasargad Insurance -- Iran's largest life insurance company with over seven million policyholders -- and Dotin, a financial technology solutions provider. Riton focuses on delivering the software infrastructure needed to modernize insurance operations and enable digital distribution.

The company's platform is built on a microservice architecture designed for modularity, scalability, and high-volume transaction processing. Core offerings include a web-based policy administration system covering inquiry, issuance, endorsements, and claims processing across both life and non-life insurance lines, as well as an API-driven open insurance platform that enables connectivity between carriers, insurtechs, and third-party services.

Riton's Internet-Bimeh digital insurance platform, developed in partnership with Pasargad Insurance, reached over 200,000 active users within six months of launch, enabling online access to insurance services, policy management, and loan repayments. With approximately 43 employees, Riton positions itself as infrastructure for the broader digital transformation of Iran's insurance ecosystem.

Products & Services

Core Insurance Platform

A web-based policy administration system covering all major insurance operational workflows including inquiry, policy issuance, endorsements, claims processing, and management across property and personal insurance lines. The system uses a three-layer architecture with load distribution and parallel processing to support high-volume usage.

Key Features

Support for both life insurance and non-life (P&C) insurance product lines
Three-layer architecture with load distribution and parallel processing
Customizable configuration to meet carrier-specific operational and regulatory requirements

Target Users: Insurance carriers in Iran and MENA

Internet-Bimeh Digital Insurance Platform

A direct-to-consumer digital insurance platform launched in partnership with Pasargad Insurance. The platform enables policyholders to access insurance services, manage policies, and make loan repayments entirely online.

Key Features

Online policy issuance and management
Loan repayment capabilities integrated with insurance products
Reached 200,000+ active users within six months of launch

Target Users: Insurance carriers seeking digital distribution channels; consumers

Open Insurance Platform

An API-driven connectivity layer enabling carriers, insurtechs, and third-party services to integrate and access standardized insurance services.

Key Features

RESTful APIs for third-party integrations
Modular microservice architecture enabling specialized branch-specific solutions
Infrastructure for connecting insurance ecosystem participants

Target Users: Carriers, insurtechs, and third-party service providers

Data Analysis & Digital VAS

Analytics, business intelligence, and digital value-added services (VAS) capabilities to support insurance operations and product enhancement.

Key Features

Business analytics and intelligence for insurance operations
Digital value-added services layered on insurance products

Target Users: Insurance carriers

At a Glance

Headquarters: Tehran, Iran
Employees: 11-50
Funding: Bootstrapped

Category & Focus

Category: Core Administration
Subcategories: Policy Administration Open Insurance Platform Digital Distribution
Insurance Verticals: Life & Annuity P&C Personal P&C Commercial
Target Customers: Carriers