Qashio and YallaCompare launch ‘Qashio Insurance’: a pioneering digital health solution for SMEs

QashioMulti-award-winning Fintech company launches offering financial tools, corporate cards and expense management solutions. ‘Sure Qashio’ your own branded health insurance in partnership with YallaCompare. Qashio Insurance is a cost-effective solution with a simplified and automated digital health declaration process, taking less than a minute to complete.

This initiative marks the beginning of the first and only fully online health insurance journey for SMEs of all sizes, from freelancers to companies with a workforce of up to 25,000 employees, who enjoy the same benefits and prices as large companies and offer a digital approach. which is faster, more transparent and cost-effective than traditional insurance models. The platform’s digital efficiency allows applications to be processed immediately on the spot, 10 times faster than conventional methods, which rely on paper and wet signatures.

The platform comes at a time when the MENA health and medical insurance market is experiencing significant growth driven by rising demand from the healthcare sector, population growth and demographic changes. In the United Arab Emirates, which has more than 557,000 SMEs, health insurance is mandatory for its residents and all employers must provide health insurance to employees and their dependents.

‘Sure Qashio’ challenges the status quo by offering rates up to 25% more affordable compared to the market. The platform features three levels of coverage, allowing businesses to find the right plan that suits their specific needs. Additionally, an installment payment option is available, providing the financial flexibility modern SMEs demand.

Armin Moradi, co-founder and CEO of Qashio fixed,

“Qashio is privileged to be able to support the growing SME sector with Qashio Insurance, further simplifying otherwise long and complicated processes. Qashio’s mission is to provide SMEs with an agile and cost-effective way to manage their health insurance needs. The platform which has taken almost a year to develop is a testament to our dedication to innovation and our unwavering support for both SMEs and businesses.'”

Luke Craven, CCO of YallaComparecommented,

“The launch of ‘Qashio Insurance’ represents an important milestone in our journey to provide comprehensive, user-friendly and efficient services. Our partnership with Qashio embodies the synergy of shared experience and vision.'”

‘Sure Qashio’ is now available, inviting companies to join the digital disruption in health insurance. To learn more about this innovative solution, visit www.qashio.com/Insurance or contact us via sales@qashio.com.