News

Qashio And YallaCompare Launch “Qashio Insurance”

The platform is a trailblazing Digital Health Solution for SMEs that aims to reduce costs and improve efficiency.

Published

1 year ago

December 7, 2023

Nour Nasir

Qashio

Qashio, a fintech company that provides an expense management and corporate card platform, is launching “Qashio Insurance” in partnership with YallaCompare. The branded health insurance product is a cost-effective solution with a simplified and automated digital declaration process, which takes under a minute to complete.

Qashio Insurance is the only digital-first health insurance package for SMEs of all sizes, from freelancers to 25,000-employee corporations. The platform enables applications to be processed ten times faster than conventional methods, many of which still rely on paper and physical signatures.

In addition to improved efficiency, Qashio Insurance offers up to 25% more affordable rates compared to the rest of the market. The platform has three tiers of coverage, allowing businesses to find the right plan to suit their unique needs, as well as an installment payment option.

Armin Moradi, Co-founder and CEO of Qashio said, “Qashio is privileged to be able to support the growing SME sector with Qashio Insurance, further simplifying otherwise complicated and lengthy processes. Qashio’s mission is to empower SMEs with a streamlined, cost-effective way to manage their health insurance needs. The platform that has taken close to a year to develop is a testament to our dedication to innovation and our unwavering support for SMEs as well as Enterprises”.

Also Read: How (And Why) To Start A Tech Business In Dubai

Luke Craven, CCO of YallaCompare, added, “The launch of Qashio Insurance represents a significant milestone in our journey to provide comprehensive, user-friendly, and efficient services. Our partnership with Qashio embodies the synergy of expertise and shared vision”.

The MENA health and medical insurance market is currently undergoing significant growth. Driven by an expanding population and demographic shifts, the UAE now has over 557,000 SMEs, all of which must provide health insurance to employees and their dependents.

Related Topics:FinTech Qashio YallaCompare

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“AI Seal” Certification Now Required For Dubai Gov Partnerships

The new mandatory certification is designed to build trust in AI companies and create a reliable network of providers for government and public collaboration.

Published

19 hours ago

January 21, 2025

Nour Nasir

ai seal certification now required for dubai gov partnerships

Dubai Media Office

Dubai has introduced the Dubai AI Seal, a certification designed to establish trust in artificial intelligence (AI) companies and solutions. This initiative, directed by Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Deputy Prime Minister, aims to create a reliable network of AI providers which government entities and businesses can collaborate confidently.

Companies must now obtain the AI Seal to qualify for UAE or Dubai government contracts. The Dubai Centre for Artificial Intelligence (DCAI), which developed the certification, sees it as a competitive edge for companies looking to participate in key national projects. Once certified, businesses will be permitted to showcase the seal across their websites and marketing materials, signaling their credibility and dependability.

The evaluation process will consider six main criteria: the company’s services and operations, the number of employees specializing in AI, ongoing and future projects, as well as existing partnerships with public and private sector entities.

dubai ai seal certification

Khalfan Belhoul, CEO of the Dubai Future Foundation, which oversees the DCAI, commented on the initiative’s potential: “This initiative will help create powerful partnerships between the public and private sectors, locally, regionally, and globally. It will help drive new economic opportunities by leveraging AI to serve better the economy, society, and the future we aspire to”.

Also Read: Top Free AI Chatbots Available In The Middle East

The Dubai AI Seal’s goals include providing a clear framework for verifying AI providers, fostering business opportunities for AI companies, and acknowledging the industry’s strategic importance to Dubai’s economy. The initiative emphasizes AI’s role in driving economic growth, creating jobs, and strengthening collaboration between government bodies and technology firms.

All technology companies operating in Dubai and offering AI-related services or products are eligible to apply for the certification at no cost through the official website.