Riton started its activity with the aim of providing comprehensive, innovative and technology-oriented insurance solutions and with the approach of covering the current gaps in the country’s insurance ecosystem in the field of software and infrastructure solutions.
According to Iran digital economy annotation, this company intends to become a platform for change and transformation in the technology field of the insurance industry by providing up-to-date and standard technical architecture along with an agile and young structure.
Pasargad Insurance, with its diverse insurance portfolio and knowledge, and as the largest player in the field of life insurance in the country with more than seven million life and non-life insureds on the one hand, and Dotin, with its history of providing large-scale technological solutions for banking and financial institutions, decided on an important and effective partnership. , to concentrate and develop their technological activities in the field of insurance in a company called Riton .
Riton is the continuation of the insurance activities of Dotin and Pasargad Insurance, which now, with more than a hundred experts in information technology and the insurance field, are trying to prepare the infrastructure required by the players in the insurance industry by using more information technology and bring about digital transformation in the insurance industry.
Riton ; Solution provider for all players in the insurance industry
Farhang Farzan, Riton’s CEO, says about Riton’s vision: “Riton is a technological company that was formed with the thought of providing infrastructure for the insurance industry and with the approach of designing a range of online services for the country’s insurance ecosystem. Our effort is to create comprehensive and technology-based solutions in Riton with a focus and emphasis on data-oriented and make the path of achieving digital transformation in the insurance industry smoother.”
Enumerating the key strategies of “digital transformation” and “financial inclusion” as the basis of Riton’s formation, he explains the main activities as follows: “Most of Riton’s technological activities will be aimed at providing software infrastructure layers for the providers of all kinds of insurance services, and we will try to meet all their needs. be covered Riton will not just develop an insurance core software; Rather, it considers this large-scale infrastructure as a necessary condition for providing innovative services and a platform for the emergence of creative and data-driven solutions, and intends to create a platform that, in addition to insurance companies as the key and central players of the industry, other actors and beneficiaries, including real and legal insurers, damage assessors and Based on this software infrastructure, insurtechs can solve their activity and technological needs by connecting to the various services and APIs provided.
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