Commitment to Reshaping the Future of Insurtech through Responsible Generative AI Adoption in the GCC
Dubai, UAE, October 24, 2025 – YASH Technologies, a global technology integrator and digital transformation leader, and Gulf Takaful Insurance Company K.S.C.C (GIG Takaful) today formalized a strategic Memorandum of Understanding (MoU) during GITEX Global 2025 in Dubai. This landmark agreement signifies a shared commitment to drive the next wave of digital modernization and ensure the responsible, scaled adoption of Generative AI across the insurance industry in the Middle East region.
“Partnering with a trusted AI-Led digital transformation partner like YASH Technologies significantly enhances our capacity to lead through innovation and operational velocity,” commented Mr. Saad Al Therban, Gulf Takaful Insurance Company. “As GIG Takaful accelerates its digital journey, this collaboration will be pivotal in embedding emerging technologies responsibly into our operational fabric, helping us achieve unprecedented levels of operational agility and deliver more intuitive, personalized, and secure experiences for our valued customers.”
This strategic collaboration will see YASH Technologies leverage its AI-first frameworks, patented Unified Agentic AI Platform, and deep global and regional expertise to support GIG Takaful in its AI-led transformation journey. The focus will be on designing and implementing a comprehensive, multi-year transformation roadmap engineered to align with the company’s ambitious growth agenda and innovation priorities. Key areas of focus include:
- AI – First Organization
- Modernizing Core Systems
- Integrating Advanced Analytics and AI
- Elevating the Policyholder Experience
“This MoU is a powerful reflection of our dedication to co-creating the future of Insurance services in the Middle East,” stated Nitin Kumar Gupta, Global Head, AI and Digital, YASH Technologies. “Combining YASH’s market-leading capabilities in enterprise-scale AI, cloud enablement, and operational excellence with GIG Takaful’s expansive vision for Takaful insurance will position them as a future-ready, knowledge-centric, and data-driven enterprise. This foundation will be critical for them to navigate complexity, drive sustainable value, and deliver differentiated outcomes to all stakeholders in an AI-first world.”
This agreement underscores YASH Technologies’ focus on enabling insurers and financial institutions throughout the Middle East to transition to modern, resilient, and AI-enabled platforms, thus driving impactful and sustainable transformation at scale.
About YASH Technologies
YASH Technologies helps enterprises reimagine what’s possible and accelerate transformation with an AI-first approach that is consultative and value-centric. As a global technology integrator, YASH brings together strategic advisory, deep industry expertise, and innovative accelerators to deliver business outcomes at scale. By embedding AI across frameworks and services, we enable organizations to modernize applications, unlock value from business data, optimize infrastructure, and create secure, intuitive experiences for their employees, customers, and partners. Headquartered in the U.S. and with an extensive network of global delivery centers, YASH serves clients across six continents. The company is appraised at CMMI DEV V2.0 Level 5 and certified under ISO 9001:2015, ISO 27001:2013, and ISO 20000:2011. Learn more at www.yash.com.
About Gulf Insurance Group Kuwait Takaful
Gulf Takaful Insurance Company K.S.C.C., established in 2004, is a leading provider of Sharia-compliant insurance solutions in Kuwait. Following its acquisition by Gulf Insurance and Reinsurance Company in 2020, it rebranded as GIG Takaful – Kuwait, the Takaful arm of the Gulf Insurance Group (GIG). Backed by Fairfax Financial Holdings Ltd., the company offers a comprehensive portfolio features a wide range of Sharia-compliant insurance services and products, including Fire, General Accident, Travel, Engineering, Marine, Motor, Life, Pets and Medical insurance. With trusted reinsurer partnerships and a customer-first approach, GIG Takaful ensures reliability and confidence.
Driven by diversity, inclusion, and innovation, it continues to uphold excellence in the Takaful insurance sector.
Media contacts
| Global & Americas | Sachin Kumar Singh | sachin.singh@yash.com |
| India, Europe, APAC | Reema Kumari | reema.kumari@yash.com |