The parent company of Indian online insurance marketplace PolicyBazaar has introduced a new venture in the United Arab Emirates. In an interview with Quartz, CEO and co-founder Rahul Sharma said that his startup is working on developing policies for individuals who are not covered by their country’s health care system. Initial products available through the platform include motor insurance and travel insurance. The firm says life insurance offerings will soon follow. (This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.) PolicyBazaar is aiming to account for INR5bn ($69m) worth of underwritten premiums over the next three years in the UAE.
The parent company of Indian online insurance marketplace PolicyBazaar has introduced a new venture in the United Arab Emirates. In an interview with Quartz, CEO and co-founder Rahul Sharma said that his startup is working on developing policies for individuals who are not covered by their country’s health care system. Initial products available through the platform include motor insurance and travel insurance. The firm says life insurance offerings will soon follow. PolicyBazaar is aiming to account for INR5bn ($69m) worth of underwritten premiums over the next three years in the UAE.