GoDubai
  
  
  
  
Citylife > Press Release
  Home Contact us Add to Favourites
Most Recent Postings
More Press Releses
Featured Sections

Event Finder
A daily roundup of exhibitions, promotions and other events in Dubai and the rest of the Emirates.
Submit an Event
Latest Dubai Press Releases >>

 
  Share
Bayzat – Solving Problems for SMEs

May 23, 2018 - Dubai, UAE:

Bayzat (www.bayzat.com)is looking to become the one stop solution for small- and mid-sized companies. The technology company provides insurance and HR solutions for SMEs. Founded in 2013, the company is making waves in the Middle East – in 2017, it made it to the Forbes list of Top 100 Startups in the Arab World.

The company's founder, Talal Bayaa, and his team noticed the fragmentation in the UAE financial sector and they decided to launch a product that would make it easier for individuals and companies to compare different insurance options.

Bayzat's main product isthe Health Insurance comparison service, which examined policies in real time. The service can cut processing times by 50% and save at least 20% on associated insurance costs. The service is available for companies but also individuals looking for the right health insurance.

After the success of the Health Insurance service, Bayzat moved on to solve more HR problems aside from insurance. Talal Bayaa has said, “We saw that a lot of problems we can help solve for SMEs for their employees. That is when we started to shift to the app we are today.”

The company launched Bayzat Benefits, which allows companies to keep track of things like employee benefits and employee vacations. The platform can provide alerts and it uses data entry automation to cut down cost and to save time. One of the major benefits of Bayzat Benefits is how it also allows employees to manage and access their information. The platform creates a more transparent workplace while removing unnecessary bureaucratic hurdles.

Talal Bayaa has outlined the company's winning formula by saying, “We are trying to push automation into our customers and among insurance companies as well. We are seeing definitely a drive to use more cloud-based solutions to make it more accessible to companies and employees.”

Bayzat's serves businesses across the Emirates and it is pushing to expand its market operations in the future. The company is preparing to launch elsewhere in the Middle East and Africa by the end of the year.

The company has so far raised $12 million in funding and it's looking to launch a new investment round to prepare for the new market launches.

Address :

Bayzat

Control Tower, Detroit Road, Motor City

P.O. Box 391186 Dubai, UAE




Posted by : GoDubai Editorial Team
Viewed 7796 times
Posted on : Wednesday, May 23, 2018  
Replication or redistribution in whole or in part is expressly prohibited without the prior written consent of GoDubai.com.
Previous Story : Trend Micro Expertise Results in Conviction from Scan4You Trial
Next Story : Capillary Technologies Grows its Global Business by 200% YoY
Email this article Print this article

Share this article with your friends and followers
NewsVine

Comments

Back to Top  
Most Viewed Press Release posted in the last 7 days
Let It Glow
Filorga Launches FLASH-NUDE Collection
Let All Your Photos Be Merry & Bright
The Rado DiaMaster Petite Seconde Automatic COSC The Rado watch at the top of th...
HP ProBook x360 11 G3 and G4 Education Edition
Chrono 4 Grande Taille - an extra-special timepiece
30 Years of Ryder Cup Heroes Confirmed for the 30th Edition of the Omega Dubai ...
Maintain Healthy Skin Year Round
PopSockets launches a new collection with crystals from Swarovski, the must-have...
Free gold coins at Malabar Gold & Diamonds Festival
MIDO Baroncelli Lady Day & Night collection
American Eagle Is the Go-to Destination for Gifting This Holiday Season'
The Interiors Gift Guide with Home and Soul
Golden Mile Galleria's ‘A Cultural Flair' attracts hundreds of art lovers to Pal...
Newby Teas Launches Advent Calendar For Christmas 2018
GAZOO Racing Wins Australia Rally at FIA World Rally Championship
24 Karat Gold Elixir by Mehrunisa Launches in the UAE Beauty Market
Tissot Chemin des Tourelles
Growth and inclusivity drive Avaya's channel strategy for 2019
Interview with Asil Attar, CEO of Al Yasra Fashion
Get Ready for Party Season with Lottie's new make-up hits
Festive Gift Sets from Bubble T
Time For Enchanting Moments
Holiday Handbags | GUESS
Holiday Gifting Made Easy with Wet n Wild Beauty Specials
BharatMatrimony launches office in Dubai targeting 2 Million Indians
Tissot PR100 Lady Sport – Chic Glamourous Festive Season
Winter wool Christmas must- haves
Michael Kors Collection Transeason 2019 Press Presentation
New 1948 Seamaster Watches Join the Ranks'
Samsung Galaxy A9 – Designed to capture the world in its fullest
Five-Star Euro NCAP for Jaguar's Electric I-PACE
Global Knowledge Index 2018 and The Future of Knowledge: A Foresight Report shin...
France Attractiveness Scoreboard 2018 Released
UOWD's quality management expert wins ASQ-UAE Quality Professionals Award
Dubai's Most Magical Festive Market Opens at Dubai Festival City Mall
Tissot PR100 Lady Sport – Chic Sporty yet Feminine
Ring in a dazzling festive season at Ibn Battuta Mall
Chinese Manufacturing Companies to Highlight Trade Opportunities in Middle East
Dubai Customs wins 3 awards from Ideas UK 2018
FBMA and 47 Emirati women celebrate UAE National Day
New ACH145 Mercedes-Benz Style Cabin Model Highlights First Presence at MEBAA fo...
Spinneys Dubai 92 Cycle Challenge | Road Closure Timings
Chic and Stylish Wraps with a 3 in 1 effortless concept
Jury Announced for Epson's First Ever Win-A-Robot Competition in Europe, The Mid...
Raja Al Gurg is one of Forbes Magazine's 100 most powerful women in the world
New Menu alert: Moombai & Co. launches exciting and delicious food items to its menu
Al Hosn Now Open to the Public
ICAEW recognises Middle East's best finance professionals
Nine winners honored by DQG for their innovative ideas at the 10th Global Contin...