InsurTech boom in Saudi Arabia

By Sarah Si -

Source: Middle East Insurance Review | Oct 2024

InsurTechs are experiencing a boom in the Kingdom of Saudi Arabia, boosted by initiatives to make insurance accessible through technology, said WIS Group’s Mr Jonathan Cooper. The distribution of new product types via InsurTechs to the 1.3m small and medium enterprises in the kingdom is another factor, according to Democrance’s Mr Michael Walsh.

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