Watania Takaful and insurtech seed fund Shory are “exploring collaboration” on a range of new digital-backed offerings for the UAE.
This collaboration follows an agreement between the two parties to offer simplified motor Takaful insurance in the Emirate, particularly, Shory will distribute Watania Takaful’s products on its platform.
“Our partnership with Shory raises the bar for responsive service and new offerings in the Takaful insurance sector to meet the increasingly sophisticated requirements of customers in the UAE,” said Gautam Datta, CEO of Watania International Holding. “Combining artificial intelligence and other advanced technology with fast and easy-to-use functionality, together with Shory we will deliver tailored and imaginative Takaful products that provide wider choice and greater than ever satisfaction to the public in simple and quick ways.”