The Dubai Insurance crypto wallet has been launched as the first digital wallet of its kind within the UAE insurance sector. Dubai Insurance announced the new solution in partnership with digital asset custodian Zodia Custody. The wallet allows customers to pay insurance premiums and receive claims using approved digital assets.
Dubai Insurance confirmed that the crypto wallet operates within existing UAE regulatory frameworks. The company said the initiative aligns with national digital finance and innovation strategies. The launch positions Dubai Insurance among early adopters of blockchain-enabled financial services in the region.
Partnership With Zodia Custody
The Dubai Insurance crypto wallet was developed with Zodia Custody, a regulated institutional digital asset custodian. Zodia Custody provides secure storage, transaction governance, and compliance infrastructure for digital assets. The platform is designed to support institutional-grade security standards.
Zodia Custody stated that insurers require trusted systems as digital asset usage expands. The company highlighted that its technology supports transparency, operational controls, and risk management for financial institutions. The partnership enables Dubai Insurance to offer crypto services while maintaining custody safeguards.
How the Dubai Insurance Crypto Wallet Works
The Dubai Insurance crypto wallet enables policyholders to complete premium payments using supported digital assets. It also allows claims settlements to be issued through the same digital channel. Dubai Insurance said the wallet integrates directly into its existing insurance operations.
The company confirmed that the service supports secure transaction processing. Governance controls ensure payments meet compliance requirements. Dubai Insurance described the wallet as part of a broader effort to modernise customer experience while preserving financial oversight.
Digital Finance Strategy and Industry Context
Dubai Insurance stated that the wallet reflects broader trends in digital finance adoption across the UAE. Financial institutions in the region continue to explore blockchain-based payment tools. The initiative supports Dubai’s ambition to remain a global fintech and innovation hub.
Founded in 1970, Dubai Insurance provides general and life insurance products across the UAE. The company has increasingly focused on technology-led service delivery. Zodia Custody operates globally and maintains a growing presence in the Middle East through regulated partnerships.
The launch of the Dubai Insurance crypto wallet signals continued integration between traditional financial services and digital asset infrastructure in the UAE insurance market.
