Saudi insurtech DESAISIV has launched its AI Insurance Agent, an AI-powered platform for managing and optimising corporate insurance, while opening an $8 million growth funding round to scale the business.
Founded in 2023 by Mohammad Nabhan and Saed Khawaldeh, the platform uses AI to benchmark insurance pricing, optimise policies, negotiate premiums, and reduce costs for enterprises.
DESAISIV currently serves 600+ enterprise clients, works with 18 insurers and brokers, and manages insurance portfolios worth over SAR 2 billion.
The new funding will support AI development, product expansion, strategic partnerships, and the company's growth into new insurance segments and enterprise risk solutions.
Press release:
