As the main core insurance platform provider in Iran, Fanavaran (aka IranEIT) develops and optimizes the entire policy management, from underwriting to claim processing, reinsurance, financial, and renewals. Bonyan® (Fanavaran's core insurance solution) is a fully integrated and comprehensive platform.
We are now paving the way for the insurance industry's digital transformation after two decades of holding a 55% market share in terms of managing insurance industry portfolios and an 80% market share in terms of the number of insurance businesses in Iran.