The parent company of Indian online insurance marketplace ##s has introduced a new venture in the United Arab Emirates . The venture went live earlier this year and the company says it has sold 2,000 products via 10 insurance partners during the online platform 's beta phase . Over the next three years, Policybazaar.ae is looking to build an extensive network of local banking and insurance partners, and underwrite premium worth INR 500 crore (AED 250 million) from the region. Initial products available through the platform include car insurance and travel insurance . The firm says life insurance offerings will soon follow . PolicyBazaar is aiming to account for INR5bn ( $ 69 ##m ) worth of underwritten insurance over the next three years in the UAE .
The parent company of Indian online insurance marketplace ##s has introduced a new venture in the United Arab Emirates . The venture went live earlier this year and the company says it has sold 2,000 products via 10 insurance partners during the online platform 's beta phase . Initial products available through the platform include car insurance and travel insurance . The firm says life insurance offerings will soon follow . PolicyBazaar is aiming to account for INR5bn ( $ 69 ##m ) worth of underwritten insurance over the next three years in the UAE .