Eltizam is a fully digital auto‑insurance platform for Saudi vehicle owners that aggregates offers from leading insurers, letting users compare coverage and prices in real time. The service provides instant, personalized quotes and enables complete online purchase, with payment processing and policy issuance within minutes, while a portion of each premium is donated to local charities.
Funding
Funding not disclosed
Founders
Product
Problem
Car owners in Saudi Arabia often face a fragmented insurance market, requiring multiple visits or calls to compare policies, leading to time consumption and lack of price transparency. This makes it difficult to quickly obtain affordable mandatory or comprehensive vehicle coverage.
Solution
Eltizam offers a fully digital platform that aggregates offers from leading Saudi auto‑insurance providers, allowing users to compare coverage options and prices side‑by‑side in real time. The service provides instant, customized quotes and enables complete online purchase, with payment processing and policy issuance occurring within minutes. All interactions are secured with encryption and trusted payment gateways, ensuring data privacy. Additionally, each purchased policy triggers a charitable contribution to local NGOs, integrating social responsibility into the insurance transaction.
Target Audience
Primary customers are individual vehicle owners and fleet managers in Saudi Arabia seeking quick, cost‑effective auto‑insurance solutions.
Features
- Real‑time comparison engine displaying prices and coverage details from multiple insurers
- Instant, personalized quote generation based on vehicle and driver information
- End‑to‑end digital workflow: online payment, automated policy issuance, and electronic document delivery within minutes
- Secure data handling using advanced encryption and PCI‑compliant payment gateways
- Integrated charitable donation model that allocates a portion of each premium to Saudi charitable organizations
- Loyalty program offering discounts and special offers for repeat customers