Market
Insurtech in the United Arab Emirates
9 companies · 13 stories · $27.8M disclosed
Insurtech Daily tracks 9 insurance and insurtech companies headquartered in the United Arab Emirates — 4 insurers, 3 insurtechs and 2 brokers, across 13 stories going back to Oct 15, 2024. Between them they have disclosed $27.8M across 2 funding rounds, the largest Klaim's $26M. Every figure is compiled from the coverage on this page.
Funding
| Company | Stage | Lead investor | Source | ||
|---|---|---|---|---|---|
| Klaim | $26M | Series A | — | MENAbytes | |
| Mantas | $1.8M | Seed | — | TechAfrica News+1 |
Every round is listed with its reporting in the funding tracker, and totals across all markets in the company ranking.
Companies
| Company | Type | Based | Stories | Disclosed |
|---|---|---|---|---|
| Shory | Broker | Dubai | 6 | — |
| Mantas | Insurtech | — | 2 | $1.8M |
| Klaim | Insurtech | Dubai | 1 | $26M |
| Al Wathba | Insurer | Abu Dhabi | 1 | — |
| Dubai Insurance Company | Insurer | Dubai | 1 | — |
| Policybazaar.ae | Insurtech | — | 1 | — |
| Shields | Broker | Dubai | 1 | — |
| Takaful Emarat | Insurer | Dubai | 1 | — |
| Yas Takaful | Insurer | Abu Dhabi | 1 | — |
Coverage
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Insurtech Shory launches Tesla insurance in UAE with EVS and Al Wathba
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Policybazaar.ae Partners with SAAED to Embed Insurance into Emirates Vehicles Gate Platform
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Miller completes acquisition of Dubai-based reinsurance broker Shields
Specialist re/insurance broker Miller has completed the previously announced acquisition of Shields Reinsurance Brokers Limited (Shields), an independent reinsurance broker based in Dubai, following the receipt of all…
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Sharjah’s Rafid teams up with Shory to offer paperless vehicle insurance services
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Mantas Launches Parametric Insurance for Cloud Outages with $1.77M Seed Funding
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UAE’s Mantas Raises USD 1.7M to Scale Cloud Outage Insurance
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Shory unveils AI-powered vehicle insurance on TAMM 4.0
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Shory onboards new digital vehicle insurance service on Abu Dhabi government’s AI-powered platform TAMM 4.0
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Redefining Trust in Insurance: How Takaful Emarat is Leading the Digital Transformation of Islamic Insurance
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How Dubai Insurance Company Works in the UAE
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Shory, Insurtech Company Sets New Standards in the Vehicle Insurance Market
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UAE’s Klaim raises $26 million Series A to fast-track insurance claim payments for healthcare providers
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Shory Insurance Brokers And Yas Takaful Forges Strategic Partnership