Policybazaar UAE

What Policybazaar UAE does

Policybazaar UAE (legally Policybazaar Middle East Insurance Brokers LLC) is a Dubai-headquartered insurance aggregator and marketplace, founded in 2018 and operating as a wholly-owned subsidiary of the Indian-listed PB Fintech Ltd. The company runs an online comparison-and-purchase platform (policybazaar.ae plus iOS/Android apps) that connects UAE residents, expatriates, NRIs, and SMEs with more than 20 insurance carriers across motor, health, term/life, travel, home, business, income-protection, critical-illness, and investment lines. The platform supports self-serve quote generation, online policy issuance, policy management, and claims tracking, supplemented by phone (800 800 001), WhatsApp, email, and in-app support. Policybazaar.ae is regulated by the Central Bank of the UAE (Registration No. 123), Dubai Health Authority (BRK-00041), Dubai Department of Economy & Tourism (233354), and the Emirates Insurance Federation.

Under the hood, the platform is a multi-vertical marketplace backed by a proprietary comparison engine and an extensive content/SEO layer organized by product, geography (Dubai, Abu Dhabi, Sharjah), and customer segment (senior citizens, NRIs, families). Distribution is digital-first via the website, mobile app, social channels, and a growing set of calculators (car, health, term, SIP, investment), with payment facilitated through a Tabby installment integration. The product portfolio has expanded beyond core insurance into mutual funds, SIPs, child education plans, the HAYAH Golden Visa Saver Plan, and specialty commercial lines such as cyber, yacht, and professional indemnity.

The business model is a marketplace/aggregator commission structure, earning referral and intermediary fees from carriers for policies sold through the platform. The scale evidence supplied includes 2 million+ customers, 1 million+ policies sold, a 4.7/5 rating across over 40,000 Google Reviews, 62% annual premium growth in the December 2025 quarter, four consecutive quarters of profitability, and 45% YoY growth in travel insurance queries. The CEO is Neeraj Gupta, and the parent PB Fintech has announced a QIP to fund further global expansion anchored on this UAE platform.

Name

Policybazaar UAE

Legal name

Policybazaar Middle East Insurance Brokers LLC

Website

https://policybazaar.ae

Company type

Private

Founded year

2018

Operating status

Operating

Headcount range

251–500 employees

Short description

Policybazaar UAE is a Dubai-based, Central Bank-regulated insurance aggregator and marketplace that lets UAE residents, expatriates, NRIs, and SMEs compare, buy, and manage policies from 20+ carriers across motor, health, life, travel, home, business, and investment lines via its website and mobile app.

Ownership category

akta.pro rank

Product category

Online Insurance Marketplace

NAICS

Insurance Agencies and Brokerages (524210), Insurance Agencies and Brokerages (52421), Agencies, Brokerages, and Other Insurance Related Activities (5242)

SIC

Insurance Agents, Brokers & Service (6411), Fire, Marine & Casualty Insurance (6331), Life Insurance (6311), Accident & Health Insurance (6321)

akta.pro primary industry

Individual Health Insurance Brokerage & Distribution (FSAIAEAL)

Keywords

• Insurance aggregator platform
• Online insurance marketplace
• Insurance comparison services
• Digital insurance distribution
• Insurance brokerage platform

Headquarters

HQ city

Dubai

HQ country

United Arab Emirates

HQ region

Middle East

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Digital Commerce or Content

Cost components

Personnel, Marketing or Sales, Technology or R&D, Operations, Others

Revenue model

1. Insurance Distribution Commission: Policybazaar UAE operates as an insurance marketplace/aggregator earning commissions from insurance company partners for policies sold through the platform. The platform drives customer acquisition for 20+ insurance providers and earns referral/commission fees on completed sales.

Pricing tiers

Go-to-market motion1 record

Distribution channels5 records

Marketing channels5 records

Core offering

Policybazaar UAE operates a digital insurance aggregator and marketplace that allows UAE residents and businesses to compare, purchase, and manage insurance policies from more than 20 insurance provider partners across motor, health, life, travel, home, business, and investment verticals. The platform provides instant quoting, online policy issuance, claim tracking, and a Tabby installment payment option for health and motor premiums.

Product overview

Policybazaar.ae is an insurance aggregator marketplace operating as a platform-plus-partner model. The core platform provides an online marketplace connecting UAE residents with 20+ insurance providers across multiple insurance verticals. The product portfolio includes Car Insurance, Health Insurance, Term Insurance, Life Insurance, Travel Insurance, Business Insurance, Home Insurance, Investment Plans (including Mutual Funds, SIP, Child Education Plans), Income Protection Insurance, Group Health Insurance, and Critical Illness Insurance. The platform differentiates through digital tools including insurance calculators (car, health, term, SIP, investment), mobile app access, and the Tabby payment integration for installment payments. Partner insurance products from providers like Tokio Marine, Fidelity United, and Al Buhaira are distributed through the platform alongside proprietary insurance solutions like the HAYAH Golden Visa Saver Plan. The platform functions as both an insurance aggregator and a technology-enabled insurance distribution channel for PB Fintech's international expansion.

Differentiator

Problem solved

Functional benefit

Products and services

• Car Insurance Comprehensive and third-party motor insurance policies for vehicle owners in the UAE, offering coverage with add-ons such as roadside assistance, personal accident benefits, and natural disaster coverage.
• Health Insurance Individual, family, and group health insurance plans providing medical coverage including inpatient, outpatient, maternity, and senior citizen health plans for UAE residents.
• Term Insurance Pure protection life insurance offering financial coverage for a fixed term, with options for self-employed individuals, NRIs, and an online term insurance calculator for planning.
• Life Insurance Whole life and term life insurance products including critical illness coverage, providing financial protection and life cover benefits to policyholders.
• Travel Insurance Domestic and international travel insurance covering Schengen visa requirements, senior citizens, annual multi-trip, single trip, and family travel across destinations including Georgia, Armenia, Azerbaijan, Germany, Netherlands, UK, and USA.
• Business Insurance Commercial insurance for UAE businesses including SME insurance, public liability, professional indemnity, workers compensation, marine insurance, contractors all risk, and directors and officers liability coverage.
• Home Insurance Building and content insurance for homeowners and tenants, covering property damage, theft, and liability, with options for condo and holiday home coverage.
• Investment Plans Wealth building tools including mutual funds, SIP investment plans, child education plans, retirement plans, ULIP plans, and National Bonds for UAE residents, expats, and NRIs.
• Mutual Funds Professionally managed investment vehicles including global index funds, multi-asset funds, technology-focused funds, and Shariah-compliant sukuk funds regulated by SCA for UAE investors.
• SIP Investment Plans Systematic Investment Plans allowing fixed monthly investments starting from AED 100, utilizing dollar-cost averaging to reduce market volatility impact.
• Income Protection Insurance Job loss insurance and income protection coverage including ILOE (Involuntary Loss of Employment) insurance to protect against loss of income.
• Group Health Insurance Corporate medical insurance for businesses providing group coverage for employees with options for small businesses and cancer cover.
• Group Life Insurance Employer-sponsored life insurance coverage for groups of employees providing financial protection and supplemental life insurance options.
• Critical Illness Insurance Specialized coverage for critical illnesses including cancer, heart attack, and stroke, with options for women-specific critical illness coverage.
• Bike Insurance Motorcycle insurance coverage for bike owners in the UAE with comprehensive and third-party options.
• Yacht Insurance Marine insurance coverage for yachts and boats providing protection against damages and liabilities on water.
• Professional Indemnity Insurance Liability coverage for professionals against errors, omissions, and negligence claims, including medical malpractice insurance for doctors.
• Cyber Risk Insurance Coverage against cyber threats, data breaches, and digital risks for businesses in the UAE.
• Child Education Plans Investment plans combining savings, protection, and education funding with payouts at specific intervals for a child's higher education.
• HAYAH Golden Visa Saver Plan Capital-protected investment plan combining AED 2 million investment with 10-year UAE Golden Visa eligibility, comprehensive health insurance, and 3% annual returns.
• Premium Lock-in Health Insurance Feature Health insurance offering that enables UAE residents to lock in premiums for up to five years, shielding them from medical inflation and age-related premium increases.

Quantifiable outcome

• 62% annual premium growth in Q4 2025
• +3 more outcomes

Named customers7 records

Segments4 records

Ideal customer profiles3 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Partnerships

14 partnerships are on record, tiered core and supporting.

• AXA GulfcoreChannel Partner/ Reseller/ DistributorMajor insurance provider partner offering health, motor, and other insurance products through the Policybazaar.ae platform.
• AllianzcoreChannel Partner/ Reseller/ DistributorGlobal insurance group partner providing various insurance products through the Policybazaar.ae marketplace.
• Sukoon InsurancecoreChannel Partner/ Reseller/ DistributorRegional insurance partner specializing in health and travel insurance solutions available on the platform.
• Zurich InsurancecoreChannel Partner/ Reseller/ DistributorGlobal insurer partner offering life and education savings plans through Policybazaar.ae.
• LIC InternationalcoreChannel Partner/ Reseller/ DistributorLife Insurance Corporation of India international arm offering life and child education plans for NRIs.
• MetLifecoreChannel Partner/ Reseller/ DistributorGlobal insurance provider partner offering investment and wealth builder plans through the platform.
• Tokio MarinecoreChannel Partner/ Reseller/ DistributorJapanese insurance group partner offering motor insurance products with comprehensive coverage and exceptional customer support.
• HAYAH InsurancecoreChannel Partner/ Reseller/ DistributorUAE-based insurer partner offering the Golden Visa Saver Plan combining investment and health insurance with visa assistance.
• Oriental InsurancesupportingChannel Partner/ Reseller/ DistributorIndian insurance provider partner offering various insurance products through the platform.
• Al Buhaira InsurancesupportingChannel Partner/ Reseller/ DistributorUAE insurance provider established in 1978 with 9 branches, offering motor, home, medical, travel, and life insurance.
• Fidelity UnitedsupportingChannel Partner/ Reseller/ DistributorUAE insurance company (formerly United Insurance Company) partnered with Fidelity Assurance and Reinsurance SARL, offering motor, health, travel, home, and pet insurance.
• CignacoreChannel Partner/ Reseller/ DistributorGlobal health insurance provider partner offering group health insurance plans for businesses in the UAE.
• Daman InsurancecoreChannel Partner/ Reseller/ DistributorUAE-based health insurer partner providing comprehensive health insurance solutions.
• ADNICsupportingChannel Partner/ Reseller/ DistributorAbu Dhabi National Insurance Company partner offering motor and other insurance products.

Scale indicators8 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• Policygenius: US-based online insurance marketplace distributing life, disability, home and auto insurance across multiple carriers. Closely comparable digital aggregator business model and multi-carrier commission economics.
• Yallacompare: UAE-based financial product comparison platform covering insurance, banking, credit cards and loans. Most direct head-to-head competitor in the UAE insurance comparison market with similar product-led growth and partner-commission model.
• InsuranceMarket.ae: UAE insurance marketplace aggregator comparing motor, health, life and travel policies from multiple insurers. Closely comparable business model, customer base (UAE residents) and product breadth.
• Compareit4me: UAE financial product comparison platform (now part of the Yallacompare group) focused on insurance, mortgages and credit cards. Operates an aggregator model serving UAE consumers and is directly comparable in target customer and mechanics.
• Souqalmal.com: Leading UAE personal finance comparison platform for banking, credit cards and insurance. Direct competitor targeting the same UAE consumer comparison intent with overlapping insurance distribution.

Emerging players

• Coverfox: India-based online insurance comparison and distribution platform owned by PB Fintech's competitor Glide. Comparable insurtech marketplace business model operating in the parent group's home market.
• Acko: India digital-first insurer and insurance-tech platform. Operates both as a direct insurer and distribution channel for third-party products — comparable in digital insurance distribution and tech-led customer experience.

Regional players

• Selectra: International price comparison group with a UAE presence covering utilities, telecom and insurance. Comparable comparison-led distribution model targeting consumer financial decisions, but headquartered outside the UAE.
• MoneyHero (CompareHero): Hong Kong and Southeast Asia-headquartered personal finance comparison platform covering insurance, credit cards and loans. Comparable aggregator business model but operating across different Asian geographies.

Broad incumbents

• GoDigit: India digital general insurer and PB Fintech group company. Comparable as a tech-led insurance distribution and underwriting player within the same parent ecosystem, with broader product portfolio.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xx.com/policybazaaruae
• YouTubeyoutube.com/channel/UC3-o_U-eE7XX2jv9FzSyCEA
• Facebookfacebook.com/PolicybazaarUAE
• LinkedInlinkedin.com/company/policybazaaruae
• Instagraminstagram.com/policybazaaruae
• TikToktiktok.com/@policybazaaruae

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Policybazaar UAE