Leading insurtech company to set up office in Qatar – The Peninsula

Leading insurtech company to set up office in Qatar – The Peninsula

Doha: DESAISIV, one of the leading commercial insurance data platforms designed to help insurers reduce loss ratio is setting up its office in Qatar.

Partnering with various Qatari tech accelerators, DESAISIV is looking forward to commencing its operations towards the end of the second quarter of this year.

Speaking to The Peninsula on the sidelines of the startup, Saed Khawaldeh, CEO and Co-Founder of DESAISIV said that the company “built a comprehensive and powerful AI engine in collaboration with top AI scientists at the University of Oxford.

The products aim to help insurance companies in improving quality of services, optimising insurance processes, and predicting forthcoming diseases with average prediction accuracy over 95 percent.”

Several other insurance companies around the globe use products by DESAISIV to optimise underwriting, automate medical approvals, detect fraud, reduce their loss ratio, and augment customers’ renewal rates.

With its latest technologies and methods, the tools are well-versed and invaluable tools for insurers for businesses serving their customers. Having established offices across the globe including Saudi Arabia, Jordan, UAE, and the United Kingdom, DESAISIV aims to serve clients and customers across all platforms and markets worldwide with the latest AI technologies that processed over a billion data points and 14.6 million patient