News Middle East28 Jan 2021

MENA:Chedid Capital's bespoke HR platform allows links to brokers for group insurance plans

| 28 Jan 2021

Chedid Capital, a leading financial and investment group specialised in insurance and reinsurance in the Middle East, Africa and part of Europe, has launched E-DARAT, its bespoke tech platform for HR and employee benefit management.

The platform also allows access to Chedid Capital’s robust network of insurance and reinsurance partners, where users can get introduced to brokers through the platform for company-wide insurance plans and policies.

Incepted by the group in 2019, E-DARAT was built and designed as a swift, smart, and intuitive ‘people management’ solution for SMEs, helping them navigate challenges associated with people productivity and resource management, and catalysing their day-to-day digital and tech transformation on a centralised platform.

Through E-DARAT’s web and mobile application, SMEs are able to streamline, digitise and automate most of both their strategic operations and time-consuming routine processes and paperwork – from HR policy setup to attendance management, to employee on-boarding, to leave requests, to payroll cycles, to data-led performance appraisals.

E-DARAT’s Android and Apple mobile app also offers employees on-the-go functionalities, such as fingerprint punch-in/punch-out, leave request management, and access to health facilities covered by their insurance plans.

“When we first set out to develop E-DARAT as an end-to-end platform for ‘people management’, our focus was on technology, design, and user experiences with purpose and impact. Simply put, we want to help SMEs and businesses of all sizes manage the delicate balancing act between their operational efficiency, business profitability, and employee productivity. E-DARAT’s role in this chain is to simplify complex technology for businesses and people to help them better manage their time and resources, and operate in a transparent and measurable ecosystem,” said Mr Farid Chedid, chairman and CEO at Chedid Capital Holding.

A financial holding company, Chedid Capital is a leading investment group in the insurance and reinsurance fields. The group operates in 45 countries across Europe, the Middle East, Africa, and most recently Pakistan and the South East of the Indian continent. Its subsidiary, Chedid Re, a Lloyd’s official broker, is among the 20 largest reinsurance brokers in the world.



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