{
  "id": 19893,
  "title": "DESAISIV unveils AI Insurance Agent, seeks $8 million to expand enterprise platform",
  "url": "https://urgent.news/2026/08/01/desaisiv-unveils-ai-insurance-agent-seeks-8-million-to-expand",
  "topic": "ai",
  "section": "AI",
  "published": "2026-08-01T23:53:04.000Z",
  "source": {
    "name": "Wamda",
    "slug": "wamda",
    "url": "http://wamda.com/2026/07/desaisiv-introduces-ai-powered-fair-market-pricing-engine-enterprises"
  },
  "original_language": "en",
  "account": "Saudi insurtech firm DESAISIV has introduced its AI Insurance Agent, an advanced artificial intelligence platform aimed at enhancing and optimizing corporate insurance management. The company has also raised $8 million in funding to accelerate growth and scale its enterprise platform. Founded in 2023 by Mohammad Nabhan and Saed Khawaldeh, DESAISIV's AI Insurance Agent leverages agentic artificial intelligence to streamline complex insurance processes, provide real-time strategic insights, and empower businesses to make faster, more informed decisions. The platform automates pricing benchmarking, policy evaluation, cost-saving identification, premium negotiation, and insurance program optimization. Currently serving over 600 enterprise clients, DESAISIV collaborates with 18 insurers and brokers and manages a corporate insurance portfolio valued at over SAR 2 billion. The new funding will be utilized to enhance AI development, broaden product offerings, forge strategic alliances, and penetrate new insurance segments and enterprise risk solutions. DESAISIV aims to process more than SAR 10 billion in insurance premiums through its platform as it expands its reach into areas such as motor insurance, leasing, general insurance, and other AI-powered enterprise risk and financial solutions. Co-Founders Nabhan and Khawaldeh believe that AI will revolutionize the insurance industry, transforming how organizations purchase, manage, and optimize insurance, and enabling cost reduction, improved decision-making, and unprecedented efficiency.",
  "summary": "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…",
  "key_points": [
    "DESAISIV launches AI Insurance Agent for corporate insurance management",
    "Company raises $8 million to expand enterprise platform",
    "AI Agent automates pricing, policy evaluation, and premium negotiation"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/19893.png",
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}