{"id":226245,"date":"2025-04-08T18:17:16","date_gmt":"2025-04-08T18:17:16","guid":{"rendered":"https:\/\/evertise.net\/?p=115775"},"modified":"2025-04-08T18:17:16","modified_gmt":"2025-04-08T18:17:16","slug":"shory-the-leading-insurtech-company-sets-new-standards-in-the-vehicle-insurance-market","status":"publish","type":"post","link":"https:\/\/ipsnews.net\/business\/2025\/04\/08\/shory-the-leading-insurtech-company-sets-new-standards-in-the-vehicle-insurance-market\/","title":{"rendered":"Shory, the Leading Insurtech Company, Sets New Standards in the Vehicle Insurance Market"},"content":{"rendered":"<p><span id = wx_e_115775><\/span><\/p>\n<p><img fetchpriority=\"high\" decoding=\"async\" class=\"aligncenter size-full wp-image-115776\" src=\"https:\/\/evertise.net\/wp-content\/uploads\/2025\/04\/21.jpg\" alt=\"\" width=\"516\" height=\"290\" srcset=\"https:\/\/evertise.net\/wp-content\/uploads\/2025\/04\/21.jpg 516w, https:\/\/evertise.net\/wp-content\/uploads\/2025\/04\/21-300x169.jpg 300w\" sizes=\"(max-width: 516px) 100vw, 516px\" \/><\/p>\n<p><b>DUBAI<\/b><span style=\"font-weight: 400\"> \u2013 As the UAE car insurance market continues its robust growth<\/span><\/p>\n<p><span style=\"font-weight: 400\">trajectory, projected to reach USD 1.77 billion by 2030, Shory has emerged as a game-changer in the industry with its innovative digital approach to car insurance in the UAE. Shory facilitates\u00a0 drivers to secure third-party and <\/span><a href=\"https:\/\/www.shory.com\/car-insurance\/comprehensive-car-insurance\"  rel=\"noopener\"><span style=\"font-weight: 400\">comprehensive vehicle insurance<\/span><\/a> <span style=\"font-weight: 400\">in under 90 seconds \u2013<\/span><\/p>\n<p><span style=\"font-weight: 400\">requiring only plate number. This breakthrough solution addresses the region\u2019s growing demand for efficient and transparent insurance services in a rapidly evolving automotive landscape.<\/span><\/p>\n<p><span style=\"font-weight: 400\">The UAE car insurance sector is currently valued at USD 1.41 billion and is undergoing rapid digital \u00a0 transformation. Consumers now prefer user-friendly, online insurance solutions, making companies like Shory more relevant than ever<\/span><span style=\"font-weight: 400\">. Shory caters to this shift with a fully online, paperless<\/span><\/p>\n<p><span style=\"font-weight: 400\">transaction process and real-time quote comparisons from top insurers. . The days of spending hours comparing policies or visiting insurance offices are officially over with Shory.<\/span><\/p>\n<p><b>Understanding Car Insurance Options in the UAE<\/b><\/p>\n<p><span style=\"font-weight: 400\">The Central Bank of UAE (CBUAE) regulates the car insurance market, requiring all drivers to maintain at least third-party liability coverage. However, many drivers, especially in cities like<\/span><\/p>\n<p><span style=\"font-weight: 400\">Dubai with its high-value vehicle market and dense traffic opt for more comprehensive plans.<\/span><\/p>\n<p><span style=\"font-weight: 400\">Shory\u2019s offers both mandatory third-party and optional comprehensive vehicle insurance plans:<\/span><\/p>\n<p><b>Third-Party Liability Insurance:<\/b><\/p>\n<ul>\n<li><span style=\"font-weight: 400\"> \u00a0 Covers injuries to others and damage to third-party property<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Fulfills the minimum legal requirement<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Typically costs between AED 551.25 (for renewals) to AED 2,200 annually<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Does not cover damage to the policyholder\u2019s vehicle<\/span><\/li>\n<\/ul>\n<p><b>Comprehensive Car Insurance:<\/b><\/p>\n<ul>\n<li><span style=\"font-weight: 400\"> \u00a0 Includes all third-party coverage plus protection for the policyholder\u2019s vehicle<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Covers theft, fire, and non-collision damage<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Starts at AED 1,200 annually, depending on vehicle type and driver profile<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 May include value added services like\u00a0 roadside assistance<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">\u201cGetting <\/span><a href=\"https:\/\/www.shory.com\/car-insurance\"  rel=\"noopener\"><span style=\"font-weight: 400\">car insurance in Dubai<\/span><\/a> <span style=\"font-weight: 400\">is about more than just comparing prices, it\u2019s about aligning coverage with real-world needs,\u201d said Edward Glenn, car insurance specialist at Shory. \u201cAt\u00a0 Shory, we simplify this decision-making process by offering clear, side-by-side comparisons tailored to each driver\u2019s lifestyle and priorities, empowering them to make truly informed<\/span><\/p>\n<p><span style=\"font-weight: 400\">choices.\u201d<\/span><\/p>\n<p><b>What Makes Shory a Top Choice for Car Insurance in <\/b><b>Dubai<\/b><\/p>\n<p><span style=\"font-weight: 400\">Combining industry expertise, the latest technology and rapid innovation Shory is positioning itself as the <\/span><a href=\"https:\/\/www.shory.com\/car-insurance\"  rel=\"noopener\"><span style=\"font-weight: 400\">best insurance company in the UAE<\/span><\/a><span style=\"font-weight: 400\">. The company\u2019s impressive credentials<\/span><\/p>\n<p><span style=\"font-weight: 400\">include:Licensed by the Central Bank of the UAE (License Number 287)<\/span><\/p>\n<ul>\n<li><span style=\"font-weight: 400\"> \u00a0 Outstanding 4.9-star rating on Google from over\u00a0 5,000 customers<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Partnerships with some of the UAE\u2019s top insurance providers<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Flexible payment options, including interest-free installments<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">Ahmed K., a recent Shory customer, shared his experience,\u00a0 \u201cAs a new driver, I was skeptical\u00a0 \u00a0 about getting the right car insurance, expecting hours of paperwork and negotiations. But with\u00a0 \u00a0 Shory, I completed everything in less than two minutes. Shory\u2019s app is easy to navigate through and perfect for even the newbies like me. The entire experience was remarkably simple.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">The company\u2019s digital platform offers several advantages that traditional insurance brokers cannot match:<\/span><\/p>\n<ol>\n<li><span style=\"font-weight: 400\"> \u00a0 Instant policy issuance<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 24\/7 online access to insurance documents<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Multiple payment methods including Visa, Mastercard and Apple Pay<\/span><\/li>\n<li><span style=\"font-weight: 400\"> \u00a0 Option to split payments into four interest-free installments<\/span><\/li>\n<\/ol>\n<p><span style=\"font-weight: 400\">\u201cVehicle insurance shouldn\u2019t be complicated or time-consuming,\u201d said Amr Abdelghany,<\/span><\/p>\n<p><span style=\"font-weight: 400\">operations manager at Shory. \u201cOur 90-second process represents the future of insurance in the UAE \u2013 fast, transparent and customer-centric.\u201d<\/span><\/p>\n<p><span style=\"font-weight: 400\">As the UAE car insurance market continues to evolve, Shory continues to lead with innovation \u2013 upgrading its app and website experience in order to meet and exceed customer expectations.\u00a0 With its commitment to simplifying insurance while maintaining comprehensive coverage<\/span><\/p>\n<p><span style=\"font-weight: 400\">options, Shory is setting\u00a0 new standards for what UAE drivers can expect from their insurance providers.<\/span><\/p>\n<p><span style=\"font-weight: 400\">For more information about Shory\u2019s car insurance solutions, visit <\/span><a href=\"https:\/\/shory.com\/car-insurance\"  rel=\"noopener\"><span style=\"font-weight: 400\">https:\/\/shory.com\/car-insurance<\/span><\/a><span style=\"font-weight: 400\">.<\/span><span style=\"font-weight: 400\"><br \/>\n<\/span><\/p>\n<h2><b>About Shory:<\/b><\/h2>\n<p><span style=\"font-weight: 400\">Shory is a leading Insurtech company in the UAE, specializing in digital insurance solutions that simplify the process of obtaining and managing insurance policies. Licensed by the Central<\/span><\/p>\n<p><span style=\"font-weight: 400\">Bank of the UAE (License Number 287), Shory partners with top insurance providers to offer customers a wide range of coverage options with transparent pricing and instant policy<\/span><\/p>\n<p><span style=\"font-weight: 400\">issuance. With a customer-first approach and innovative technology, Shory is transforming the insurance landscape in the UAE.<\/span><\/p>\n<p><b>Contact Information:<\/b><\/p>\n<p><span style=\"font-weight: 400\">Pratima Singh<\/span><\/p>\n<p><span style=\"font-weight: 400\">Media relations, Shory<\/span><\/p>\n<p><span style=\"font-weight: 400\">Email: press@shory.com<\/span><\/p>\n<p><span style=\"font-weight: 400\">Phone: 80074679<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p><span><\/span>DUBAI \u2013 As the UAE car insurance market continues its robust growth trajectory, projected to reach USD 1.77 billion by 2030, Shory has emerged as <a href=\"https:\/\/ipsnews.net\/business\/2025\/04\/08\/shory-the-leading-insurtech-company-sets-new-standards-in-the-vehicle-insurance-market\/\" class=\"more-link\">Continue Reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":271,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[57,387],"tags":[],"class_list":["post-226245","post","type-post","status-publish","format-standard","hentry","category-ips","category-si"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.9 - 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