Saudi InsurTech Startup DESAISIV Launches AI-Powered Corporate Insurance Platform, opens $8mn funding round

Saudi-based InsurTech startup DESAISIV has launched its AI Insurance Agent, an AI-powered platform designed to help medium and large enterprises automate, manage, negotiate, and optimize their corporate insurance programs.

The launch comes as the company opens an $8 million funding round to accelerate artificial intelligence research and development, expand its enterprise insurance solutions, strengthen strategic partnerships, and scale its commercial operations across the region.

Corporate insurance remains a major operational expense for businesses, yet many companies still rely on fragmented systems, spreadsheets, and manual processes to manage their insurance needs. DESAISIV aims to address these challenges by bringing automation, advanced analytics, and agentic AI capabilities into the insurance lifecycle.

The company’s AI Insurance Agent enables enterprises to analyze insurance programs, compare market pricing, identify cost-saving opportunities, negotiate better premiums, and make faster, data-driven decisions with real-time insights.

Founded in 2023 by Mohammad Nabhan and Saed Al-Khawaldeh, DESAISIV develops AI-powered infrastructure for the corporate insurance market, helping businesses improve transparency, efficiency, and risk management.

The startup currently serves more than 600 corporate clients, works with 18 insurance companies and brokers, and manages corporate insurance portfolios exceeding SAR 2 billion through its platform.

Following its expansion strategy, DESAISIV plans to move beyond corporate health insurance into additional segments, including motor, leasing, and general insurance. The company aims to process more than SAR 10 billion in insurance premiums through its platform, positioning itself as a leading AI infrastructure provider for enterprise insurance across the region.

With the combination of artificial intelligence, insurance expertise, and enterprise-focused solutions, DESAISIV is positioning itself at the forefront of the next generation of digital insurance transformation in the Middle East.

“Our AI Insurance Agent transforms complex insurance data into actionable intelligence, enabling enterprises to reduce costs and improve decision-making,” said Saed Khawaldeh, Co-Founder of DESAISIV.

DESAISIV said it aims to build an AI operating system for enterprise insurance that connects stakeholders, automates complex decisions, and creates a more transparent, efficient, and data-driven insurance ecosystem.

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