• 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:

Saudi Arabian InsurTech startup DESAISIV has unveiled its AI Insurance Agent, a next-generation artificial intelligence platform designed to redefine how medium and large enterprises buy, manage, negotiate, and optimise corporate insurance. Alongside the launch, the company has opened an $8 million growth funding round to accelerate product expansion and establish itself as the AI infrastructure powering enterprise insurance. 

Corporate insurance is one of the largest operational expenses for businesses, yet much of the industry still relies on fragmented systems, manual workflows, spreadsheets, and slow decision-making. DESAISIV aims to transform the sector by introducing an AI Insurance Agent that automates complex insurance processes, 

delivers real-time strategic insights and empowers organisations to make faster, smarter, and more transparent decisions. 

Powered by agentic artificial intelligence, the platform combines advanced analytics, automation, and insurance expertise to benchmark market pricing, evaluate policy performance, identify cost-saving opportunities, negotiate competitive premiums, and optimise insurance programmes throughout their entire lifecycle. 

Founded in 2023 by entrepreneurs Mohammad Nabhan and Saed Khawaldeh, DESAISIV has rapidly emerged as one of the region's fastest-growing enterprise InsurTech companies. Today, the company serves more than 600 corporate clients, partners with 18 leading insurance brokers and insurers, and manages a corporate insurance wallet exceeding SAR 2 billion. 

Building on this momentum, DESAISIV is targeting more than SAR 10 billion in insurance premiums processed through its platform, as it expands beyond corporate health insurance into motor insurance, leasing, general insurance, and other AI-powered enterprise risk and financial solutions. 

The company is raising $8 million to accelerate AI research and development, expand its enterprise product portfolio, strengthen strategic partnerships, and scale commercial growth as demand for intelligent insurance infrastructure continues to rise. 

"Insurance is one of the world's largest industries, yet it remains one of the least intelligent from a technology perspective," said Saed Khawaldeh, Co-Founder of DESAISIV. "We believe AI will fundamentally change how organisations purchase, manage, and optimise insurance. Our AI Insurance Agent transforms complex insurance data into actionable intelligence, enabling enterprises to reduce costs, improve decision-making, and unlock efficiencies that were previously impossible." 

Mohammad Nabhan, Co-Founder of DESAISIV, added: "Our ambition extends far beyond digitising insurance workflows. We are building the AI operating system for enterprise insurance—an intelligent platform capable of connecting every stakeholder, automating complex decisions, and creating a more transparent, efficient, and data-driven insurance ecosystem. This funding round will help us accelerate that vision and bring AI-powered enterprise solutions to new sectors." 

With proven commercial traction, a rapidly expanding customer base, deep industry partnerships, and a bold product vision, DESAISIV is positioning itself at the intersection of artificial intelligence, enterprise software, and insurance—building the intelligent infrastructure that could define the next generation of enterprise insurance management.