Latest news with #HAYAH
Zawya
7 days ago
- Business
- Zawya
HAYAH further democratizes savings in the UAE with a refreshed simple saver start at AED 50 pm
Abu Dhabi, UAE: HAYAH, the UAE's digital life insurer, headquartered in Abu Dhabi, announces the expansion of its inclusive savings product, Simple Saver, designed to make saving and investing accessible to all UAE residents, regardless of their financial situation. In a market where traditional savings options often come with high barriers and complex processes, HAYAH is redefining the financial landscape by offering a user-friendly, fully online solution. By enabling individuals to start saving from just AED 50 per month, Simple Saver ensures that everyone can work toward building a secure financial future. 'Our goal is to empower individuals of all income levels and financial knowledge to begin their savings journey,' explains Mohamed Seghir, CEO of HAYAH. 'With our particularly low entry thresholds, we're staying true to our commitment to inclusiveness and accessibility.' Key Features of Simple Saver Low entry ticket: start saving from AED 50 pm, save a coffee per week, save for your future Flexibility: full freedom to withdraw funds at any time Personalization: ability to adapt investments based on individual risk profile Transparency: clear fee structure that decreases as investment amounts grow to as low as 0.5% for higher balances, with no fixed admin or hidden charges Autonomy: convenient digital access for easy account management Addressing UAE-Specific Challenges With over 85% of the population comprising expatriates who have varying lengths of stay, HAYAH's Simple Saver prioritizes portability and flexibility. Its intuitive online interface also caters to different levels of digital proficiency and includes Shariah-compliant investment options, further enhancing inclusivity. 'Many UAE residents abandon saving due to complex processes and products unsuited to their needs,' adds Mohamed. 'Simple Saver fills this gap by providing an accessible, flexible, and fully digital solution.' Tangible Results Since its launch, Simple Saver has helped thousands of UAE residents start saving: 72% of users report saving regularly for the first time 68% of users are middle-income expatriates who had never invested before 'These figures confirm our belief that democratizing access to savings is essential for the financial stability of UAE residents,' concludes Mohamed. With Simple Saver, HAYAH reaffirms its commitment to making saving and investing simple, inclusive, and accessible for everyone in the UAE. About HAYAH Insurance Company HAYAH Insurance Company is a leading digital insurance provider in the UAE, offering a range of innovative insurance solutions tailored to meet the needs of individuals and businesses. With a strong commitment to customer satisfaction, HAYAH leverages cutting-edge technology to deliver seamless, accessible, and affordable insurance products. Media contact Nigel Sillitoe CEO, Insight Discovery Mobile: +97155 809676 Email: sillitoe@
Yahoo
28-05-2025
- Business
- Yahoo
HAYAH and APRIL partner to launch health coverage in Dubai
United Arab Emirates (UAE)-based digital life insurer HAYAH, in alliance with APRIL, has launched a new suite of health insurance and international private medical insurance (IPMI) solutions. These products will provide health coverage for individuals, families and businesses through a digital experience. The partnership's first offering is an exclusive IPMI product targeted at the expatriate community in Dubai. By combining HAYAH's digital capabilities with APRIL's international expertise, the partners seek to enhance the accessibility of health protection in the Emirates. The health insurance solutions are currently available in Dubai and expected to expand to other locations within the region in the near future. HAYAH CEO Mohamed Seghir said: "HAYAH is proud to partner with APRIL to bring cutting-edge, digital-first health insurance solutions to the UAE. 'As we redefine access to world-class health insurance in the UAE, our immediate focus is on delivering these values today – ensuring individuals and businesses across the country benefit right now from the most innovative and customer-centric coverage available." APRIL Group Asia and the Middle East head of IPMI Romain Di Meglio stated: "HAYAH's commitment to innovation and customer-centric solutions complements APRIL's mission to simplify health insurance for everyone. 'By combining our global expertise with HAYAH's digital-first approach, this partnership marks a significant step towards providing comprehensive and flexible international private medical insurance that meets the diverse needs of the UAE's population." In 2023, HAYAH unveiled its Simple Saver plan, aiming to break down barriers to investment and make wealth accumulation easier for UAE residents. "HAYAH and APRIL partner to launch health coverage in Dubai " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Zawya
27-05-2025
- Business
- Zawya
HAYAH and APRIL Insurance partner to bring world-class health insurance solutions to the UAE
Abu Dhabi, UAE: HAYAH, the UAE's digital life insurer, headquartered in Abu Dhabi, has entered into a strategic partnership with APRIL, a global leader in insurance distribution and services based in Lyon, France. The collaboration has launched a new suite of innovative health insurance and International Private Medical Insurance (IPMI) solutions, now available to customers in the UAE. Through this alliance, HAYAH is delivering comprehensive, flexible health coverage for individuals, families, and businesses — locally and internationally — through a fully digital experience. HAYAH is enhancing its offering for the UAE's diverse and fast-growing population by leveraging APRIL's international expertise. The partnership's first offering is an exclusive International Private Medical Insurance (IPMI) already available in Dubai, specifically designed to meet the unique needs of the country's large expatriate community. Together, the two firms are simplifying and expanding access to high-quality and customer-centric health protection across the Emirates. The partnership will soon extend the solution to additional locations in the region. 'HAYAH is proud to partner with APRIL to bring cutting-edge, digital-first health insurance solutions to the UAE,' said Mohamed Seghir, CEO of HAYAH. 'As a 'gone' myself (a Lyon native in our local slang), it's a privilege to collaborate with a company that shares my hometown roots. This city boasts a remarkable blend of heritage excellence, exemplified by our world-famous gastronomy, and forward-thinking innovation, being the birthplace of cinema. As we redefine access to world-class health insurance in the UAE, our immediate focus is on delivering these values today — ensuring individuals and businesses across the country benefit right now from the most innovative and customer-centric coverage available.' 'HAYAH's commitment to innovation and customer-centric solutions complements APRIL's mission to simplify health insurance for everyone,' said Romain Di Meglio, Head of IPMI, Asia and the Middle East, APRIL Group. 'By combining our global expertise with HAYAH's digital-first approach, this partnership marks a significant step towards providing comprehensive and flexible international private medical insurance that meets the diverse needs of the UAE's population.' About HAYAH Insurance Company HAYAH Insurance Company is a leading digital insurance provider in the UAE, offering a range of innovative insurance solutions tailored to meet the needs of individuals and businesses. With a strong commitment to customer satisfaction, HAYAH leverages cutting-edge technology to deliver seamless, accessible, and affordable insurance products. About APRIL APRIL International is the IPMI division of the APRIL Group which operates across 20 countries with a recorded turnover of €860 million in 2024. APRIL's 3,000 staff members aim to offer customers and partners an outstanding experience combining the best of humans and technology. Specialists in designing and delivering flexible, simple, and more accessible international private health insurance solutions for individuals, families, students, SMEs and large corporates.
Zawya
24-04-2025
- Business
- Zawya
Driving Employee Financial Well-Being: HAYAH reinforces leadership in UAE Pension and EoSB Solutions
Dubai, UAE: HAYAH Insurance hosted the latest edition of Jalsa by HAYAH, welcoming over 50 companies to explore the evolving role of employers in shaping long-term financial security through End-of-Service Benefits (EoSB) and workplace savings solutions. Following the success of its inaugural event, which focused on empowering futures and redefining insurance for tomorrow, this edition centered on elevating tomorrows, responding to the growing demand for innovative savings solutions that deliver real impact for employers and employees. 'Our mission at HAYAH is to be much more than just an insurance provider,' said Mohamed Seghir, CEO of HAYAH Insurance. 'We are deeply committed to driving financial education, inclusivity, and empowerment across the UAE. Through solutions like YES by HAYAH, we aim to support companies and individuals alike, helping them take control of their financial futures and truly elevate tomorrows.' Held at the Mandarin Oriental Jumeira, the event showcased Your Employee Saver (YES) by HAYAH, a fully digital, flexible workplace savings platform designed to help companies bridge the retirement savings gap while supporting their employees' financial well-being. HAYAH has been offering pension and savings solutions since 2022, demonstrating early leadership and deep expertise well ahead of regulatory shifts. Throughout the event, live polling revealed that 55% of companies believe employees are most looking for support with retirement planning, further highlighting the urgent need for accessible, trusted solutions. The agenda featured a keynote address by Racha Mezher, CEO and Founder of WealthRise Management, who spoke about the practical path to wealth creation for individuals. Attendees also heard from the field directly during an HR-to-HR panel featuring Marie-Lou Sandique from Nokia Solutions, a leader in the Filipino professional community in the UAE, and Iman El Khyari, HAYAH's own Head of HR & Emiratization, who shared insights from HAYAH's internal implementation of YES by HAYAH, showcasing the company's commitment to being both a provider and a user of its solutions. Commenting on the solution itself, Adil Saghir, Head of Pensions & Savings at HAYAH, explained, 'YES by HAYAH is more than a compliance solution; it's a powerful enabler for companies who want to offer meaningful value to their employees. Our fully digital platform is designed to be flexible, efficient, and accessible — making retirement planning simple, secure, and impactful for all.' The day concluded with a live demonstration of the EoSB and Pension Calculator, HAYAH's free planning tool, helping companies estimate liabilities and explore optimization strategies. Through initiatives like Jalsa and innovations like YES by HAYAH, HAYAH once again reaffirms its leadership in financial protection, responding directly to market needs and working to elevate tomorrow and today. About HAYAH Insurance Company: HAYAH Insurance Company is a leading digital insurance provider in the UAE, offering a range of innovative insurance solutions tailored to meet the needs of individuals and businesses. With a strong commitment to customer satisfaction, HAYAH leverages cutting-edge technology to deliver seamless, accessible, and affordable insurance products.
Zawya
18-02-2025
- Business
- Zawya
HAYAH hosts ‘Jalsa by HAYAH': Empowering futures and redefining insurance for tomorrow
Dubai, UAE: HAYAH, the region's pioneering digital-first life insurer, hosted its inaugural Jalsa by HAYAH on Wednesday, 5th February, at the prestigious One&Only One Za'abeel, bringing together leading figures from the insurance and financial sectors to explore the evolution of life insurance and pensions in the MENA region. Derived from the Arabic word for 'reunion,' Jalsa by HAYAH is an exclusive series of events designed to spark forward-looking discussions on the industry's most pressing challenges and opportunities. More than a gathering, the event showcased HAYAH's commitment to bridging the region's protection and retirement gaps while leading the charge in shaping the future of insurance through innovation, technology, and customer-centric solutions. A Dynamic Discussion on Legacy and the Future A key highlight of the event was the thought-provoking panel discussion, 'Legacy in Motion: Shaping the Future of Insurance,' featuring an esteemed lineup of industry leaders: Chakib Abouzaid, Secretary General of the General Arab Insurance Federation (GAIF) Patrick Choffel, an industry veteran with global leadership experience at AIG and ALICO Fareed Lutfi, Secretary General of the Emirates Insurance Federation and the Gulf Insurance Federation Mohamed Seghir, CEO of HAYAH, moderated the discussion, which delved into the vast potential of the MENA life insurance and pensions market, the structural shifts taking place, and the key strategies needed to drive meaningful industry transformation. He said ' HAYAH is at the forefront of transforming the industry, taking the lead in delivering the right solutions to bridge the region's savings and protection gaps ' Announcing Rihla by HAYAH 2025 During the event, HAYAH unveiled the forthcoming release of the second edition of Rihla by HAYAH (2025). This comprehensive industry report consolidates key data, insights, and expert perspectives on insurance, health, life, and artificial intelligence. The report aims to serve as a critical resource for industry professionals navigating the evolving insurance landscape. Empowering Futures Through Innovation Jalsa by HAYAH reaffirmed the company's 'Empowering Futures' mission—a vision that prioritises addressing fundamental societal challenges, including retirement savings, financial inclusion, and community resilience. HAYAH continues to set new industry benchmarks through its pioneering digital-first approach, ensuring that individuals, families, and businesses across the region are better prepared for the future. As HAYAH continues its journey to redefine the life insurance and pensions sector in the MENA region, Jalsa by HAYAH marks the beginning of an ongoing dialogue—one that will shape the industry for generations to come. About HAYAH Insurance Company: HAYAH Insurance Company is a leading digital insurance provider in the UAE, offering a range of innovative insurance solutions tailored to meet the needs of individuals and businesses. With a strong commitment to customer satisfaction, HAYAH leverages cutting-edge technology to deliver seamless, accessible, and affordable insurance products. For further information please contact Nigel Sillitoe CEO, Insight Discovery Email: sillitoe@
