Kamal Insurance, kamal Insurance UAE, the first virtual car insurance for third parties

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FinTech exclusively Market Status: IT Spending and Economics by Mid-2021

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FinTech exclusively Market Status: IT Spending and Economics by Mid-2021

FinTech exclusively Market Status: IT Spending and Economics by Mid-2021

FinTech exclusively Market Status: IT Spending and Economics by Mid-2021

FinTech exclusively Market Status: IT Spending and Economics by Mid-2021

UAE-based insurance platform ,”Kamal Insurance” is the first digital-only third-party auto insurance solution in the country, designed to provide fast, reliable and direct responses to customers. Kamal Insurance is underwritten through RSA Middle East, a leading auto insurance provider with over 60 years of experience in the region.

Starting at just AED 350, Kamal Insurance offers the most competitive third-car insurance rates in the industry. Kamal Insurance is a convenient new way for consumers to subscribe to a third party and will be supported by RSA’s existing visitor claims and services standards.

“To remain applicable in the future, we want to embrace digitalization to bring a culture of excellence to visitors as they buy reports and sentiments rather than just items or services,” said Hanaa Al Hinai, deputy general manager of RSA UAE and Bahrain.

He added: “We are looking for tactics to make it less difficult for our consumers to buy insurance and, after talking to many of them, we realised that buying liability insurance in the UAE market was not easy. Consumers get the most productive third-party product in a few undeniable steps and at a wonderful price.

To keep costs down for consumers, this product will only be available on the company’s website, this means that consumers don’t have to use other channels, wait and pay more to get the most productive product from a primary car insurance provider in the UAE.

“We are passionate about better understanding our consumers’ desires and, since Covid, much has changed in the way consumers shop and think about their desires for coverage. Kamalinsurance. ae is a direct reaction to those conversion dynamics and its purpose is only to make it less difficult to buy liability insurance anywhere in the UAE at very low prices,” said Addal Sarwar, Director of Personal Lines at RSA Middle East.

He added: “We are excited about the launch of Kamal Insurance and look forward to receiving feedback from visitors on our products and services. “

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