Best InsurTech Companies in United Arab Emirates
The 45 best InsurTech companies in United Arab Emirates in 2026, ranked by funding and momentum. Funding, investors, founders, valuation, tech stack and live signals. Top: BAYZAT.
- InsurTech Market Set for 35% CAGR Surge in 2024-30 Outlook
- Top Insurtech Companies
Our analysis of 50 InsurTech companies
$13.8b in tracked funding; 100% of the stack-profiled cohort runs cloud-native; funding activity peaked in 2025.
Ranked: Best InsurTech companies in United Arab Emirates
| # | Company | Disclosed funding | Last round | Stage | Founder | Founded | Tech stack | Recent signals |
|---|---|---|---|---|---|---|---|---|
| 1 | BAYZAT Provider of hr administration, payroll management, employee benefits, and health insurances solutions | $60M | 44 mo ago | Series C | Brian Habibi Co-Founder & CMO | 2012 | UnbounceTailwind CSSAmazon ALB+32 | 1 launch |
| 2 | Klaim AI Provider of AI-based claims management software for healthcare professionals | $30M | 9 mo ago | Series A | Karim Dakki Co-Founder and CEO @ KLAIM.ai (Techstars) | 2020 | Apple iCloud MailMicrosoft 365Node.js+19 | — |
| 3 | yallacompare Comparison platform for financial products | $21M | 75 mo ago | Series B | Samer Chehab Co-Founder & COO | 2011 | WebflowNginxAmazon Web Services+25 | — |
| 4 | Sehteq Provider of AI-based usage-based health insurance and claim processing platform | $20M | 61 mo ago | Acquired | Denise Barton CEO | 2013 | — | — |
| 5 | Aqeed Software solutions for the insurance industry | $18M | 99 mo ago | Deadpooled | Rachid Nader Co-Founder & CEO | 2016 | — | — |
| 6 | Souqalmal.com Comparison platform for financial products | $14M | 106 mo ago | Acquired | Ambareen Musa Founder & CEO | 2012 | — | — |
| 7 | LVL Wellbeing Provider of fitness and wellness programs for individuals and corporates | $10M | 36 mo ago | Series A | Gary Blowers Co-Founder & CEO | 2017 | WordPressMySQLPHP+15 | — |
| 8 | Hala Online motor insurance platform for individuals | $7M | 59 mo ago | Series A | — | 2018 | — | — |
| 9 | Agile Financial Technologies Provider of investment management solutions for financial and banking sector | $6M | 183 mo ago | Series A | — | 2008 | — | — |
| 10 | Yasmina Provider of AI-enabled insurance policy management solutions | $2M | 13 mo ago | Seed | Masoud Alhelou Co-Founder & Ceo | 2018 | WebflowjQueryHSTS+8 | — |
| 11 | Wellx Provider of healthcare insurance plans & cashback services | $2M | 37 mo ago | Seed | Vaibhav Kashyap Co-Founder & CEO | 2021 | Framer SitesReactStripe+11 | — |
| 12 | Felix Workflow automation software for insurance brokers | $940K | 73 mo ago | Seed | Edmond Husseini Co-Founder | 2016 | — | — |
| 13 | Democrance Platform offering solutions for insurers and insurance brokers | $800K | 34 mo ago | Series A | Alberto Pérez Domínguez Co-Founder & Coo | 2015 | WordPressSentryMySQL+24 | — |
| 14 | AURA Offers insurance services to product designing companies | — | — | Funding Raised | Arvind Venkat Founder & CEO | 2020 | TypeScriptZone.jsAngular+9 | — |
| 15 | AutoChain Online distribution platform to compare insurance quotes for cars | — | — | Deadpooled | Sujith Sizon Co-Founder | 2018 | — | — |
| 16 | BankBuddy Provider of AI-powered digital banking solutions | — | — | Funding Raised | Prateek Srivastava Co-Founder | 2017 | TurbopackNode.jsRadix UI+15 | — |
Top 12 InsurTech companies in United Arab Emirates
#1
Series A · Dubai, Dubai · founded 2020 · 42 employees$30Mraised▾
Provider of AI-based claims management software for healthcare professionals. The company has developed a digital platform that assists healthcare professionals with revenue management, claims to process, and other claim management tools. The system uses an automation tool for tracking daily operations, insurance claims, and more. The software has an inbuilt dashboard system that provides real-time data analysis, track records, submission forms, and financial reports.
- Oct 2025Series A—
- Mar 2025Conventional Debt$16M
- Mar 2025Series A$10M
- Nov 2022Seed$5M
#2
Seed · United Arab Emirates · founded 2018$2Mraised▾
Provider of AI-enabled insurance policy management solutions. It offers AI and chatbot-enabled platform to assist users in choosing reliable insurance products. It offers products based on their risk-taking abilities. The mobile application is available on iOS and Android platforms.
- Jul 2025Seed$2M
- Nov 2024Seed—
#3
Series C · Dubai, Dubai · founded 2012 · 363 employees$60Mraised▾
Provider of hr administration, payroll management, employee benefits, and health insurances solutions. It offers solutions to automate the payroll and also provides companies to compare, buy and use their health insurance and also helps in process of health insurance claims.
- Dec 2022Series C$25M
- Aug 2022Conventional Debt—
- Oct 2019Series B$16M
- Dec 2017Series A$5M
#4
Series A · Dubai, Dubai · founded 2017 · 25 employees$10Mraised▾
Provider of fitness and wellness programs for individuals and corporates. The platform provides expert led tailored programs for users. The features include customized data dashboards, access to tools and materials, and employee engagement management solutions.
- Aug 2023Series A$10M
#5
Acquired · Dubai, Dubai · founded 2013 · 66 employees$20Mraised▾
Sehteq provides a usage-based health insurance platform for individuals. It offers an AI-based quotation platform for individuals to customize health insurance plans. It also offers claims processing services.
- Jul 2021Venture Debt$3M
- Aug 2020Series B$20M
#6
Series B · Dubai, Dubai · founded 2011 · 111 employees$21.1Mraised▾
Yallacompare is an online comparison platform for financial products. Users can compare multiple products including personal loans, auto loans, home loans, business loans, and commercial loans. They can also compare credit cards, current account, savings account, and insurance products.
- May 2020Series B$4.2M
- Jan 2019Series B$8M
- May 2017Series B$3.5M
- Sep 2016Series A$2.4M
#7
Seed · Dubai, Dubai · founded 2021 · 13 employees$2Mraised▾
Provider of healthcare insurance plans & cashback services
- Jul 2023Seed$2M
- Sep 2022Seed—
#8
Series A · Abu Dhabi, Abu Dhabi · founded 2018 · 41 employees$7.2Mraised▾
Online motor insurance platform for individuals. It offers solutions for accident coverage, emergency fuel requirements, personal injuries coverage, third-party liability car insurance, and more. It also offers claim assistance solutions for users.
- Aug 2021Series A$5M
#9
Deadpooled · Dubai, Dubai · founded 2016 · 11 employees$18Mraised▾
Aqeed offers an end-to-end insurance-as-a-service technology platform. Offers Aqeed Brokers which is a cloud-based insurance brokerage platform that provides features such as customer management, accounting & analytics. The company offers Aqeed Sales, an e-commerce platform that enables customers & agents to compare & get real-time insurance quotes. It also offers Aqeed Dealer, a customizable F&I software and Aqeed People, a cloud-based HR & benefits management platform.
- May 2018Series A$18M
#10
Series A · Dubai, Dubai · founded 2015 · 32 employees$800Kraised▾
Platform offering solutions for insurers and insurance brokers. It offers project management and financial technology solutions. It works with insurers, mobile operators and other industries to offer insurance and protection to the multiple uninsured populations in the region.
- Oct 2023Series A—
- Jun 2021Series A—
- Oct 2017Seed$800K
- May 2017Grant (prize money)$100K
#11
Acquired · Dubai, Dubai · founded 2012 · 24 employees$14.5Mraised▾
Personal finance can be a topic that often overwhelms people - Think banking, insurance, saving, investing and just about anything to do with managing money. We at Souqalmal.com are working hard to make personal finance easier to grasp, more transparent and readily accessible for our users. Souqalmal.com is changing the way you deal with money! Compare over 3,200 personal finance products in the UAE and Saudi Arabia on Souqalmal.com, at the click of a button - Personal loans, Home loans, Car loans, Credit cards, Bank accounts, Car insurance, Home insurance and more!
#12
Series A · Dubai, Dubai · founded 2008 · 66 employees$5.7Mraised▾
Provider of investment management solutions for financial and banking sector. It provides a range of financial technology products including fund and wealth management automation, business enablement, asset operations management, database administration, and more. It offers solutions for insurance underwriting, claim management, reinsurance and insurance accounting and more. It also provides software for investment management, lending management and microfinance.
- May 2011Series A$5.7M
Funding & investor landscape
Notable founders
Market landscape — 10 sub-themes by coverage
Share of InsurTech coverage by sub-theme.
Regulatory-risk over time rising
Funding & growth over time
funding rising · growth rising
How research on Insurtech is moving in the United Arab Emirates
A read on the academic research around Insurtech — which themes are gaining ground, the institutions and researchers driving them, and how the tone is shifting. Based on 3 United Arab Emirates-affiliated papers.
- Amity University2
- Rochester Institute of Technology - Dubai1
- Process management1
- Programming language1
Common questions
Rohit lives in the feed. He covers what's moving right now — the funding rounds, launches and shifts breaking across the trade press — and ties them back to where the sector is heading.