Noor Takaful has partnered with Algofy.ai Limited, to launch a unique, fully-digital savings plan.
The Bliss Savings plan will offer customers a fully digital experience. From Application Submission to Service, everything can be accessed through a smart phone without the need for paperwork filing, branch visits, or physical agent interactions, realizing the zero-touch economy.
“Noor Takaful is committed to delivering protection and peace of mind to every UAE National and every resident. Our partnership with Algofy.ai and the launch of Bliss Savings plan on their platform is a testament to that commitment. As industry leaders we strive to innovate and provide the best solutions to ensure our customers’ needs and financial goals are fulfilled”
The app interface is extremely user-friendly and will include unique features such as retail rewards earned through referral. Customers can opt into Algofy.ai’s “Burn & Earn” rewards program, where users get rewards for exercising and meeting daily fitness targets.
Fadi Jawdat Al-Hindi, CEO & Founder Algofy.ai Limited, commented:
“Algofy.ai is committed to help consumers solve real problems with digital insurance technologies. Two big problems facing people are Savings and Health. By partnering exclusively with Noor Takaful we built a digital channel for the Bliss Savings Plan that is unmatched and fully transparent. On the health front, through our collaboration with Apple, we offer Wellness cash rewards through exercise, called ‘Burn & Earn.’ We will bring a similar exercise rewards offering to the Android platform that will be available in the market in Quarter 1 of 2021″