BimeBazar
BimeBazar is a Tehran-headquartered online insurance marketplace that aggregates 27+ Iranian carriers, enabling individual consumers and small organizations to compare, quote, and purchase vehicle, health, life, fire, travel, and mobile insurance digitally with same-day policy issuance.
- Company typePrivate
- Founded2016
- HeadquartersTehran, Iran
- Headcount11–50
- GTM typeB2C
- OfferingDigital Commerce or Content
What BimeBazar does
BimeBazar (بیمه بازار) is an Iranian online insurance marketplace founded in 2016 and headquartered in Tehran that enables consumers to compare, quote, and purchase a broad range of insurance products from a single digital interface. The platform aggregates offerings from 27+ Iranian insurance companies — including Iran Insurance, Asia, Dana, Saman, Sina, Parsian, Pasargad, Karafarin, and Kowsar — and covers third-party vehicle, car body, motorcycle, supplemental health, life, travel, fire, elevator, organizational, and mobile phone insurance. Its core technology stack centers on a real-time price-comparison engine, instant policy issuance, a self-service online vehicle-inspection flow (photo upload in lieu of an in-person expert), and digital-policy storage with renewal reminders and order tracking. Distribution is fully digital via the BimeBazar website and mobile apps on Iranian stores Myket and Cafe Bazaar, with 24/7 Persian-language phone and Telegram/Bale support.
The company operates a direct-to-consumer product-led growth model: customers enter vehicle or personal details, compare carrier quotes side-by-side, complete purchase online, and receive a same-day digital policy. Revenue is generated on a transaction-fee basis — BimeBazar earns commissions from insurance carriers for each policy issued through the platform — with installment payments offered at no interest, no checks, and no guarantors to expand affordability. Customer segments are predominantly individual Iranian vehicle owners (primary), with a secondary organizational and SME group-insurance segment. Acquired Iranian trust-seal credentials (Enamad and Samandehi) and explicit regulatory oversight by the Central Bank of Iran's Insurance Supervision (بیمه مرکزی) are evidenced in source materials.
The company is private, operates exclusively within Iran, has a workforce of 11–50, discloses neither funding rounds nor revenue figures, and reports no parent company or ownership structure publicly.
BimeBazar firmographics
Firmographics- Name
- BimeBazar
- Legal name
- BimeBazar
- Website
- https://bimebazar.com
- Company type
- Private
- Founded year
- 2016
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BimeBazar is a Tehran-headquartered online insurance marketplace that aggregates 27+ Iranian carriers, enabling individual consumers and small organizations to compare, quote, and purchase vehicle, health, life, fire, travel, and mobile insurance digitally with same-day policy issuance.
- Ownership category
- akta.pro rank
Where BimeBazar is headquartered
LocationHeadquarters
- HQ city
- Tehran
- HQ country
- Iran
- HQ region
- Middle East
Offices1 record
Markets served
BimeBazar business model
Business model- GTM type
- B2C
- Offering type
- Digital Commerce or Content
- Cost components
- Marketing or Sales, Technology or R&D, Personnel, Operations, Infrastructure
Revenue model
- Insurance Commission Revenue: BimeBazar earns commissions from insurance companies for each policy sold through its platform. The platform aggregates offerings from multiple insurance providers and receives a referral/transaction fee for policies issued.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Car body insurance for Pride (پراید) - sample pricing |
| Subscription | Annual | Third-party insurance for Pride (پراید) model 85 - sample pricing |
| Other | Multi-year contract | Installment insurance purchases |
| Subscription | Annual | Life insurance premiums |
| Subscription | Annual | Fire insurance for sample apartment |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
BimeBazar product offering
Product offeringCore offering
BimeBazar is an online insurance marketplace that aggregates offerings from 27+ Iranian insurance companies, enabling consumers to compare prices and purchase insurance policies (vehicle, health, life, property, travel, mobile) directly through its website and mobile app. The platform supports same-day policy issuance, online vehicle inspection, and installment payment options without interest or guarantors.
Product overview
BimeBazar is an online insurance marketplace aggregator that allows users to compare and purchase insurance products from multiple insurance companies. The platform offers a unified digital interface with the following core insurance products: Third-Party Vehicle Insurance (بیمه شخص ثالث خودرو), Car Body Insurance (بیمه بدنه خودرو), Motorcycle Third-Party Insurance (بیمه ثالث موتورسیکلت), Supplemental Health Insurance (بیمه تکمیلی), Life Insurance (بیمه عمر), Travel Insurance (بیمه مسافرتی), Fire Insurance (بیمه آتشسوزی), Elevator Insurance (بیمه آسانسور), Corporate Insurance (بیمه سازمانی), and Mobile Insurance (بیمه موبایل). The platform operates as a comparison marketplace enabling users to compare prices and coverage from various insurance providers. Additional services include installment payment options, instant claim settlement for body insurance, renewal reminders, and order tracking.
Differentiator
Problem solved
Functional benefit
Products and services
- Third-Party Vehicle Insurance (بیمه شخص ثالث خودرو)
Quantifiable outcome
- Same-day policy issuance - customers receive their policy on the same day of purchase
- +3 more outcomes
Companies that use BimeBazar
Customer profileNamed customers8 records
Segments2 records
Ideal customer profiles2 records
BimeBazar technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
BimeBazar partnerships and signals
Strategic signalPartnerships
33 partnerships are on record, tiered minor and core.
- Arman Insurance (بیمه آرمان)minorInsurance company whose products are sold through the BimeBazar platform. Customers can compare and purchase Arman policies alongside other insurance companies.
- Asmari Insurance (بیمه آسماری)minorInsurance company distributed through BimeBazar's comparison platform.
- Asia Insurance (بیمه آسیا)minorMajor Iranian insurance company with high customer review volume (3376 reviews on platform). Products available through BimeBazar for comparison and purchase.
- Alborz Insurance (بیمه البرز)minorInsurance company whose policies are distributed through the BimeBazar platform.
- Omid Insurance (بیمه امید)minorInsurance company whose products are sold through BimeBazar's online marketplace.
- Iran Insurance (بیمه ایران)coreLargest Iranian insurance company (highest market share) with 51006 customer reviews on BimeBazar platform. Core strategic partner offering wide range of insurance products.
- Tejarat No Insurance (بیمه تجارت نو)minorInsurance company distributed through BimeBazar platform.
- Taavon Insurance (بیمه تعاون)minorCooperative insurance company whose policies are available on BimeBazar.
- Hafez Insurance (بیمه حافظ)minorInsurance company distributed through BimeBazar platform.
- Hekmat Saba Insurance (بیمه حکمت صبا)minorInsurance company whose products are sold through BimeBazar.
- Khavarmianeh Insurance (بیمه خاورمیانه)minorMiddle East insurance company available on BimeBazar platform.
- Dana Insurance (بیمه دانا)minorMajor Iranian insurance company (ranked 3rd in body insurance premiums) with 240 customer reviews on platform.
- Day Insurance (بیمه دی)minorInsurance company distributed through BimeBazar platform.
- Razi Insurance (بیمه رازی)minorInsurance company available on BimeBazar for policy purchases.
- Saman Insurance (بیمه سامان)minorMajor Iranian insurance company (ranked 5th in body insurance premiums). Offers travel insurance with Mideast Assistance and 55,000+ medical centers network.
- Sarmad Insurance (بیمه سرمد)minorInsurance company whose products are distributed through BimeBazar.
- Sina Insurance (بیمه سینا)minorInsurance company available on BimeBazar platform for various insurance products.
- Ma Insurance (بیمه ما)minorInsurance company distributed through BimeBazar platform.
- Moalem Insurance (بیمه معلم)minorInsurance company available on BimeBazar, ranked 13th in body insurance premiums.
- Mellat Insurance (بیمه ملت)minorMajor insurance company (ranked 9th in body insurance premiums) available on BimeBazar.
- Mihan Insurance (بیمه میهن)minorInsurance company whose products are sold through BimeBazar.
- Novin Insurance (بیمه نوین)minorInsurance company available on BimeBazar platform.
- Hooshmand Farda Insurance (بیمه هوشمند فردا)minorSmart Future insurance company available on BimeBazar with 11 customer reviews.
- Parsian Insurance (بیمه پارسیان)minorMajor Iranian insurance company (ranked 6th in body insurance premiums) distributed through BimeBazar.
- Pasargad Insurance (بیمه پاسارگاد)minorInsurance company available on BimeBazar, ranked 8th in body insurance premiums. Offers travel insurance with Iran Assistance SOS.
- Pardis Insurance (بیمه پردیس)minorInsurance company with 12 customer reviews on BimeBazar platform.
- Karafarin Insurance (بیمه کارآفرین)minorInsurance company distributed through BimeBazar platform.
- Kowsar Insurance (بیمه کوثر)minorInsurance company (ranked 7th in body insurance premiums) available on BimeBazar.
- Central Bank of Iran Insurance Supervision (بیمه مرکزی)coreRegulatory body overseeing all insurance activities in Iran. BimeBazar operates under supervision of Central Insurance of Iran.
- Samandehi Trust SealminorIranian trust seal program verifying legitimate online businesses. BimeBazar verified (ID: 212066).
- Enamad Trust SealminorOfficial Iranian e-commerce trust platform. BimeBazar verified (ID: 178507).
- Myket App StoreminorIranian Android app distribution platform where BimeBazar mobile app is available for download.
- Cafe Bazaar App StoreminorMajor Iranian app store where BimeBazar mobile app is available for download.
Scale indicators3 records
Recent moves6 records
Expansion highlights5 records
BimeBazar competitors and assessment
Company assessmentDirect peers
- Bimeh.com (بیمه دات کام): Bimeh.com is Iran's longest-running online insurance aggregator, allowing consumers to compare and purchase policies from multiple Iranian insurers. It is the most direct competitor to BimeBazar in the Iranian online insurance comparison space.
- Azki (ازکی): Azki is an Iranian insurtech platform focused on digitizing insurance purchasing, including vehicle and other personal lines, and operates as a direct digital competitor to BimeBazar in the Iranian online insurance market.
- Insurbime: Insurbime is an Iranian online insurance comparison and purchase platform offering multiple insurance products. It targets the same Iranian consumer base and product categories as BimeBazar.
- Sanhab (سنحاب): Sanhab is an Iranian insurance inquiry and comparison portal. It is referenced within BimeBazar's own product as a service feature, and is an adjacent/competing comparison destination for Iranian insurance shoppers.
Broad incumbents
- Iran Insurance Company (بیمه ایران): Iran Insurance is the largest Iranian insurer and a core distribution partner of BimeBazar. As a state-linked incumbent, it has the resources to launch or expand a direct-to-consumer channel that could compete with BimeBazar's aggregator model.
- PolicyBazaar (PB Fintech): PolicyBazaar is India's leading insurance aggregator and a global benchmark for the online insurance comparison business model that BimeBazar operates. It illustrates the scale and category leadership potential of the aggregator model BimeBazar is pursuing.
- GoCompare: GoCompare is a UK-based price comparison platform that aggregates financial products including insurance. It is a comparable model benchmark for a vertically focused insurance comparison business, though serving a much more mature market.
Emerging players
- Coverfox (by PhonePe): Coverfox is an Indian insurance aggregator (now part of PhonePe) offering online comparison and purchase across multiple insurance lines. It is a useful comparable for the digital aggregator model BimeBazar operates, though at a different geographic scale.
Others
- Asia Insurance (بیمه آسیا): Asia Insurance is one of Iran's leading private insurers and a partner on the BimeBazar platform. As a major carrier with growing digital capabilities, it represents both a partner dependency and a potential direct competitor to the aggregator model.
- Parsian Insurance (بیمه پارسیان): Parsian Insurance is a major Iranian private-sector insurer and BimeBazar distribution partner. It illustrates the supply side of BimeBazar's marketplace and the risk that major carriers could prioritize proprietary digital channels.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
BimeBazar social profiles
Digital presenceBimeBazar financial estimates
Financial estimateRevenue estimate
Valuation estimate
BimeBazar leadership team
Management profileNumber of profiles
Profiles1 record
BimeBazar funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BimeBazar M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BimeBazar
What does BimeBazar do?
BimeBazar is an online insurance marketplace that aggregates offerings from 27+ Iranian insurance companies, enabling consumers to compare prices and purchase insurance policies (vehicle, health, life, property, travel, mobile) directly through its website and mobile app. The platform supports same-day policy issuance, online vehicle inspection, and installment payment options without interest or guarantors.
Is BimeBazar a public or private company?
BimeBazar is a private company. It is classified as unknown and is currently operating.
When was BimeBazar founded?
BimeBazar was founded in 2016. It employs 11 to 50 people.
Where is BimeBazar based?
BimeBazar is headquartered in Tehran, Iran, in the Middle East region.
How does BimeBazar make money?
One revenue line is on record: insurance Commission Revenue.
Who are BimeBazar's main competitors?
Direct peers on record are Bimeh.com (بیمه دات کام), Azki (ازکی), Insurbime and Sanhab (سنحاب). Broad incumbents are Iran Insurance Company (بیمه ایران), PolicyBazaar (PB Fintech) and GoCompare. Coverfox (by PhonePe) is listed as an emerging player. Others are Asia Insurance (بیمه آسیا) and Parsian Insurance (بیمه پارسیان).
Does BimeBazar have an API?
No public API is recorded for BimeBazar.