Insurtech startup based out Dubai, Aqeed, has completed their launch following a $18 million funding round and is now ready to break into the market of cloud-based HR software. Their latest release, Aqeed People, is an AI-powered platform that will give SMBs the ability to organize and manage insurance, payroll, and human resources, in a one-stop-shop way.
Hadi Radwan, Chief Product Officer of Aqeed, speaking about the motivation to expand into this space, said, “As we were building the new platform, we stumbled upon non-insurance related pain points related to managing payroll, administering time-off and attendance, running real-time performance evaluation and feedback, managing recruiting and retention, and reporting on a timely manner that SMEs face. All of those pain points are related to their most important asset, their People,”
“Because we are all about adding more value to our customers, we leveraged our technology to couple the new solution with features to solve those pain points and help their People become more productive, happier and more fulfilled,” he continued.
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