BAMCO, Inc. - Baron Emerging Markets Fund on Rasan Information Technology Company
Thesis
Rasan is the leading digital insurance and financial-services marketplace in Saudi Arabia. Baron believes deep integrations, a data-rich ecosystem and scale advantages create a durable competitive position while Vision 2030 supports structural digital growth. The underpenetrated insurance market and expansion into health, finance, home, protection and savings products provide a long growth runway.
“we believe the addressable market remains significantly underpenetrated”