Dubai Insurance has launched a digital wallet for crypto assets in partnership with Zodia Custody. The wallet allows policyholders to pay premiums and receive claims in digital assets.
It provides a regulated infrastructure designed for secure and transparent transactions.
“This initiative marks a defining moment for us and the insurance sector in UAE. With the launch of our digital asset wallet, we are embracing innovation in line with the UAE’s vision to lead the future of digital finance,”
said Abdellatif Abuqurah, CEO of Dubai Insurance.
Through its partnership with Zodia Custody, Dubai Insurance benefits from an institutional-grade custody platform. It comes with advanced security and global compliance standards.
“Dubai Insurance’s launch of a crypto-enabled digital wallet is a meaningful step forward in bringing digital assets into everyday financial services in the Middle East,”
said Zane Suren, Managing Director, Commercial, Middle East and Africa, Zodia Custody.
The move aligns with the UAE’s broader digital economy and blockchain strategy. It also reflects the country’s approach to financial technology regulation.
By integrating digital asset capabilities into its operations, Dubai Insurance establishes a framework for secure, transparent, and efficient insurance services in the region.
Featured image credit: Dubai Insurance
