News Middle East23 Jul 2025

Jordan:Mobile wallet company forms partnership with insurer

| 23 Jul 2025

Mr Alaa Abdel Jawad, CEO of Solidarity-First Insurance (left) and Mr Sultan Kashoura, CEO of Zain Cash


Mobile wallet company Zain Cash has signed a strategic agreement with Solidarity- First Insurance to provide insurance policy issuance services to all Zain Cash users, whether individuals or companies.

Through this agreement, Zain Cash will enable its users to obtain insurance policies conveniently and efficiently via the Zain Cash app. Products offered include health insurance and motor insurance plans.

In addition, flexible insurance payment options will be available, including “Buy Now Pay Later” services and instalment plans of up to 12 months for holders of Zain Cash’s Shariah-compliant credit cards, offered in three categories: Classic, Platinum, and World.

Commenting on the deal, Mr Sultan Kashoura, CEO of Zain Cash, said, "Our collaboration with Solidarity-First Insurance reflects Zain Cash’s continuous drive to expand its digital financial offerings and deliver comprehensive services that meet the diverse needs of individuals and businesses.

Mr Alaa Abdel Jawad, CEO of Solidarity-First Insurance, said that the agreement with Zain Cash marks a significant step forward in expanding the reach of insurance services through digital platforms. He added, “This partnership reaffirms our belief in the value of digital transformation, faster policy issuance, and improving customer experience by delivering easy-to-access, innovative solutions that align with digital market trends."

Since its establishment in 2011, Zain Cash has become a leading player in Jordan’s digital financial services and prepaid card market and is now the largest issuer of Mastercard cards in the country.

The cooperation with Solidarity-First Insurance is not the first for Zain Cash with insurers in Jordan. In June 2025, Zain Cash launched its insurance arm “Zain Insure” in partnership with Gulf Insurance Group-Jordan.

 

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