Dubai Insurance has launched a crypto-enabled digital wallet in partnership with Zodia Custody, marking what it describes as the first such initiative within the UAE insurance sector.
The announcement was made in Dubai on Jan. 28, 2026, positioning the product as a regulated infrastructure for handling insurance transactions in digital assets.
The new wallet allows policyholders to pay insurance premiums and receive claims settlements using approved crypto assets within a secure environment.
Dubai Insurance said the solution was designed to meet institutional standards while aligning with existing UAE regulatory and governance frameworks.
The wallet integrates Zodia Custody’s institutional-grade custody services, which include advanced security architecture and compliance controls.
Company representatives said the partnership reflects a broader digital transformation strategy aimed at modernising insurance operations.
Dubai Insurance highlighted that the system is intended to streamline processes for both customers and internal teams by reducing friction in payments and settlements.