Leading (re)insurance investment group Chedid Capital has announced the official relaunch of its digital insurance aggregator platform, Compare360.com, in Lebanon. This move signals a new growth phase for the platform, which first entered the UAE and Lebanese markets in 2023 and has since facilitated the sale of over 100,000 policies through its network of insurance providers. The revamped platform introduces a new brand identity and an expanded product offering tailored for the local market, reinforcing Chedid Capital’s commitment to advancing Insurtech innovation in the region.
A Renewed Push into a Competitive Market
Compare360.com aims to provide a transparent and user-friendly online experience for consumers to compare and purchase insurance policies. The platform currently offers a diverse range of products, including car, health, travel, expat, and pet insurance. With its relaunch, the company is strategically focusing on addressing insurance gaps within underserved segments in Lebanon before scaling its operations across the wider Middle East and Africa (MEA) region.
“The aggregator space in Lebanon is growing rapidly, but not all platforms are created equal,” stated Marc Sassine, General Manager of Compare360.com. “What sets Compare360.com apart is our commitment to transparency, trust, and tech-powered convenience – which are often missing, lacking or heavily compromised in a still maturing and fiercely competitive market.”
Leveraging Regional Expertise for Local Impact
Building on its early presence in both Lebanon and the UAE, Compare360.com is adapting its regional expertise to meet local demands. The platform is the latest addition to the retail portfolio of Chedid Insurance Brokers, a subsidiary of Chedid Capital. This connection allows Compare360.com to leverage deep industry knowledge and established relationships to offer competitive pricing and tailored products from a wide array of trusted insurance providers.
Sassine added, “We bring years of experience from the UAE, one of the most dynamic insurance ecosystems in the region, and a wealth of learnings from our first-mover presence in Lebanon. And we’re applying that know-how with a strategic, always local lens.”
Backed by a Global Network
As part of the Chedid Capital network, which operates in over 85 countries across Europe, the Middle East, Africa, and South Asia, Compare360.com benefits from extensive global resources. The platform collaborates closely with insurers and brokerage entities both within and outside the group’s network, ensuring users have access to a comprehensive and unbiased selection of insurance options. This broad market access is central to its mission of delivering value across the entire insurance chain, from risk placement and advisory to digital distribution.
About Chedid Capital
Chedid Capital is a leading investment group in the reinsurance and insurance fields. With a presence in over 85 countries across Europe, the Middle East, Africa, and South Asia, the group is building a comprehensive (re)insurance ecosystem that delivers value across the entire industry chain. Its portfolio includes a wide range of direct insurance products and services, with a strong focus on Insurtech and digital innovation.
Source: Zawya
