Dubai: Dubai-based insurance innovator Beema, a part of ENOC Group, today announced its transformation to a multi vertical InsurTech company with the addition of home- and travel insurance verticals alongside its innovative Pay-per kilometre car insurance product.

Beema has revolutionised the insurance sector in just two years of its launch and is now expanding its portfolio to offer even more value to its customers. Beema’s online-only home insurance can be tailored according to the needs of the digital savvy customers, while the travel insurance covers both outbound and inbound travellers, with the outbound insurance being specially designed for UAE residents.

H.E Saif Humaid Al Falasi, Group CEO, ENOC, said: “Since the launch of Beema in 2019, our aim has been to focus on the needs of our customers and how to continuously enhance our services. Today, we are proud to see Beema transforming into a vertical insurance provider offering holistic innovative and online insurance services to our customers.”

“The launch of our home- and travel insurance verticals are just the beginning of Beema’s transformation programme. We aim to continue to provide customers with customised and curated insurance solutions across various segments, backed by strong tech support”.

Beema home insurance covers personal belongings worldwide and not only at home, with other features for family and visitors in case of accidents at the insured home.

Beema is the region’s first online digital car insurance offering designed for the new reality; a digital-led, fair, robust and flexible insurance platform. The InsurTech startup uses digital technology as a vehicle to build deeper associations with internal and external customers while offering ease and convenience to offer optimum value. The new home and travel insurance is an extension of the company’s digital only strategy providing end-to-end digital insurance solution – that is transparent, simple, agile and relevant. 

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About Beema:In Q3 2019, Beema Insurance ( www.beema.ae ) launched the UAE’s first pay-per-kilometre car insurance product, helping residents save money on low-mileage vehicles and ensuring they never pay more than a normal policy if they drive much. The product is fully-digital with all purchase and renewal actions taken online. Customers sign-up online and can manage all of their policies from their online portal. In Q3 2021, Beema announced its transformation to a multi vertical InsurTech company with the addition of home and travel insurance verticals alongside its automotive insurance service. Beema is an innovative, market-first, insurance tailor made for the UAE, result of a collaboration between ENOC (Emirates National Oil Company) and The Boston Consulting Group. Visit www.beema.ae  to learn more.

For further information:
Rawan Al Hosban | Srishti Soni
ASDA’A BCW
+9714 4507600
rawan.alhosbani@bcw-global.com  | srishti.soni@bcw-global.com 

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