Yalla Insure FZE

https://magnitt.com/startups/undefined/yalla-insure-fze

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Company Information

Yalla Insure is a pureplay online insurance aggregator in Dubai, United Arab Emirates. Yalla Insure’s focus is to digitize the entire process right from enquiry to understanding the cover to buying the policy and binding the cover. In effect, Yalla Insure aims to replace a traditional broker by automating all personal lines insurance sales and eventually even all commercial lines insurance sales. By using automated underwriting engines, Yalla Insure would like to position itself as a completely online and fully digital insurance broker. Apart from making the entire buying and understanding process easier, Yalla Insure would provide an easy to use dashboard for customers to manage all their policies in a single platform. This platform would also give access to an insurance chatbot, which we are in the process of developing, that would assist customers in case of queries and for filing of claims. Yalla Insure seeks to eliminate the inefficiencies of a traditional insurance broker and would be passing on the savings to the customers in terms of lower rates.

Yalla Insure has just entered into an exclusive and multi-year strategic partnership with a Dubai Government entity to distribute personal lines insurance across 200 locations in the UAE. This partnership is first time ever and will give Yalla Insure the access to a everyone who has a car in Dubai through the wide distribution network. In order for us to scale to enter these partnerships and for product development, we are seeking the funding.

Date Founded 04/2017

Primary Industry N/A

Founders 1

Team Members 1 - 10

Business type N/A

Development Stage Launch

Revenue generating No

Linked Institutions N/A

Demographics

Headquarter: United Arab Emirates (UAE)

Branches: N/A

Industries: N/A

Geographical focus: MENA, United Arab Emirates (UAE), Lebanon, Iraq, Jordan

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