Bayzat , the insurance and HR technology start-up based in the UAE , has closed a 10 per cent m funding round led by UAE . The company was founded this year and provides products for managing health insurance through computers and mobile devices. UAE said the new funding would be invested in new products to expand the company's headcount. The profits of UAE -based Bayzat is well positioned to take advantage of this growth and revolutionise the way the medical insurance industry works today,” said Amir Farha, co-founder and managing partner of BECO Capital. insurers have been boosted this year by the introduction of Dubai 's compulsory insurance scheme.
Bayzat , the insurance and HR technology start-up based in the UAE , has closed a 10 per cent m funding round led by UAE . The company was founded this year and provides products for managing health insurance through computers and mobile devices. UAE said the new funding would be invested in new products to expand the company's headcount. The profits of UAE -based insurers have been boosted this year by the introduction of Dubai 's compulsory insurance scheme.