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Technology has overlapped every industry and department and has transformed the world completely. Insurtech comes from two words i.e. Insurance and Technology. The insurtech industry is one of the subdivisions of another technology-associated industry i.e. Fintech industry. Insurtech companies have enhanced the processes and techniques involved in insurance and its relative applications. They have increased the efficiency involved in the insurance as well as in the savings model of the market.
The article has involved details about the 11 Top Arab World InsurTech Startups Companies. The aforementioned insurtech startup companies have reached this stage with hard work and dedication to this newly growing field. The insurtech industry is the latest industry that has been introduced to the market. They are among the trending and rapidly growing sectors in the world presently. There are high chances for individuals who are good in technology-based subjects to be a part of this industry and contribute more to the development of this sector.
Amanleek
Amanleek, aims to simplify insurance services and make it more accessible for a wider base of individual and business customers through leveraging transparency, trust and innovation to deliver an enhanced experience for all parties involved through tech based solutions.
Bankonus.com
Who we are:
We are the financial people who think differently from other financial people.
What we do:
While financial institutions make money solutions complicated, we present those same money solutions exactly as they are so that you know exactly what you’re getting.
Vneuron
Vneuron provides Cloud and On-Premise Technologies for Anti Money Laundering (AML).AML Compliance is Complex. Through our technologies we made it simple and affordable. So far, Reis™ RCS have already screened 10M customers, it monitors and filters $5bn worth of transactions per year, and is used by 10K daily users.Financial Institutions are notVneuron provides Cloud and On-Premise Technologies for Anti Money Laundering (AML).AML Compliance is Complex. Through our technologies we made it simple and affordable. So far, Reis™ RCS have already screened 10M customers, it monitors and filters $5bn worth of transactions per year, and is used by 10K daily users.Financial Institutions are not
Klaim
Klaim is an InsureTech platform offering a SaaS medical claim management and financing platform all in one. They provide them with total visibility on their revenue cycle, increase their revenue through reduced claim processing time and errors, and faster payments.
Hood
Hood provides a device for users’ cars that is synced with Hood’s mobile application. The app informs the user when an error is detected and whether it is minor or requires immediate attention. Users can also check and clear the code of the engine light, track their trip history, locate the nearest car shop, keep their gas expenses in check,Hood provides a device for users’ cars that is synced with Hood’s mobile application. The app informs the user when an error is detected and whether it is minor or requires immediate attention. Users can also check and clear the code of the engine light, track their trip history, locate the nearest car shop, keep their gas expenses in check,
Wattad
Wattad Insurance build a long-term strategic relationship with the insurance company to be the professional agent in providing insurance products to the client professionally. They offer vehicle insurance, health insurance, cargo insurance policy and much more.
STORNEST
STORNEST is Dubai-based startup that provides a unique service (digital legacy planning tool) designed to share to your loved information that you keep private while you are alive, in case something happens to you. Our mission is to provide peace of mind for our clients now, and for their loved ones when they may need it the most.The way it worksSTORNEST is Dubai-based startup that provides a unique service (digital legacy planning tool) designed to share to your loved information that you keep private while you are alive, in case something happens to you. Our mission is to provide peace of mind for our clients now, and for their loved ones when they may need it the most.The way it works
Qatar Insurance Company
Qatar Insurance Company is a Qatar-based personal and business insurance company.
Emirates HR
Emirates HR is a unique human resources solution provider of enterprise cloud applications. Founded in 2018 in Dubai by a group of investors and led by British entrepreneur Mark JP Nutter, Emirates HR software has been developed by an award-wining team of expert developers, product designers and human resources professionals from across theEmirates HR is a unique human resources solution provider of enterprise cloud applications. Founded in 2018 in Dubai by a group of investors and led by British entrepreneur Mark JP Nutter, Emirates HR software has been developed by an award-wining team of expert developers, product designers and human resources professionals from across the
AURA
AURA helps customers buy insurance within their 8-seconds online attention span by embedding insurance in their routine transactions
Turkney IS
Turnkey IS is an “InsureTech” and a specialised insurance consultancy services company which provides the insurance industry with innovative “IT as a service” products and solutions for the whole underwriting cycle. Their offerings bring numerous benefits to our clients; aiding in risk acquisition, portfolio risk management as well as in riskTurnkey IS is an “InsureTech” and a specialised insurance consultancy services company which provides the insurance industry with innovative “IT as a service” products and solutions for the whole underwriting cycle. Their offerings bring numerous benefits to our clients; aiding in risk acquisition, portfolio risk management as well as in risk