Dubai Insurance Introduces Crypto Wallet for Payments and Claims

Dubai Insurance has unveiled a new digital wallet designed for the seamless payment of insurance premiums and the settlement of claims using cryptocurrency. This innovative service is made possible through a collaboration with Zodia Custody, a regulated provider that ensures the safety and security of crypto assets.

The introduction of this wallet signifies a significant advancement in the insurance sector, providing clients with more flexible payment options. By accepting cryptocurrency, Dubai Insurance aims to cater to the growing demand for digital asset transactions in the financial services industry.