
| Date | Target | Acquirer / investor | Type | Value | Stake | What it tells us | Source |
|---|---|---|---|---|---|---|---|
| Jun 2026 | Watania Takaful | Gulf Insurance Group | M&A | $310m | 51% | Consolidation, paid roughly book value | Reuters |
| Apr 2026 | Yallacompare | Wa'ed Ventures | Growth | $45m | Minority | Comparison site expanding into Saudi | AGBI |
| Feb 2026 | Nexus Insurance Brokers | Ardonagh | PE buyout | $180m | 100% | Global broker group entering the Gulf | PitchBook |
| Nov 2025 | Bayzat | Mubadala Ventures | Series C | $70m | Minority | Selling insurance through payroll software | Zawya |
| Overview | Ownership | Flag | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
Democrance Dubai | Software letting telecoms and retailers sell low-cost insurance | VC-backed | Series B | 80 | $8m | +82% | $115m | $10mMay 2026 | 91 | Cheap to scale |
Klaim Dubai | Advances cash to clinics against unpaid insurance claims | VC-backed | Series B | 240 | $29m | +88% | $450m | $56mJun 2026 | 89 | Sits on the claims data |
Ounass Care Dubai | Employee wellbeing platform bundled with health insurance | VC-backed | Series B | 80 | $7m | +69% | $85m | $16mDec 2025 | 82 | Adjacent to benefits spend |
Addenda Dubai | Shared network that settles motor claims between 20+ insurers | VC-backed | Series B | 80 | $11m | +64% | $100m | $12mJul 2025 | 80 | Hard to replace |
Wehalth Abu Dhabi | Claims fraud detection for medical insurers | VC-backed | Series B | 170 | $18m | +51% | $155m | $28mJan 2026 | 77 | Non-discretionary spend |
Yallacompare Dubai | Price comparison site for motor and health cover across the Gulf | VC-backed | Growth | 990 | $121m | +24% | $715m | $104mJan 2026 | 71 | Owns cheap customer acquisition |
Salama Digital Sharjah | Digital takaful arm of an established insurer, run separately | Corporate carve-out | Growth | 510 | $57m | +39% | $345m | $64mApr 2026 | 71 | Carve-out candidate |
Aqeed Dubai | Consumer site comparing and selling motor and health policies | Founder-led | Growth | 510 | $72m | +32% | $250m | n/a | 70 | Founder likely wants an exit |