Saudi-Based Tawuniya Launches Virtual Accelerator for MENA Startups

Tawuniya, one of Saudi Arabia’s largest insurance companies, unveiled a virtual accelerator program to foster innovation in the MENA region’s insurance industry. Focused on insurtech, fintech and other tech-driven solutions, the program offers mentorship, funding opportunities and market access to emerging startups.

Designed to support the Kingdom’s Vision 2030 initiative, Tawuniya’s accelerator program targets the growing demand for insurance solutions. With the support of global tech giants such as Google and Plug and Play, as well as government agencies like Monsha’at and Code reflects, the program will connect startups with industry insights, AI-driven technologies, and blockchain-powered platforms to help them scale and enhance the sector

Tawuniya’s extensive track record, including over 9 million policyholders and $2 billion in gross written premiums, positions the company as a valuable partner for these ventures.