Majid Khakvar

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.