UAE: Watania signs deal to develop centralised AI and ML business intelligence platform

Source: Middle East Insurance Review | Nov 2024

Watania International Holding (WIH), an investment and sole shareholder of Watania Takaful General (WTG) and Watania Takaful Family (WTF), has signed an agreement with Solution BI Middle East to deliver a new centralised data and business intelligence (BI) platform.

The AI and machine learning driven platform will establish a descriptive, predictive and smart ‘data lake’, to optimise operational efficiencies, enhance financial transparency and performance and support the implementation of an accurate and insightful customer-centric approach at both WTG and WTF.

WIH CEO Gautam Datta said, “Our partnership with Solution BI Middle East is a new and significant milestone in our rapid drive to further advance our AI and data analytics abilities and strengthen our leadership position within the UAE takaful and insurance industry.” M

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