Dubai Insurance has announced it will now accept Bitcoin for car insurance premiums, becoming the first insurer globally to integrate cryptocurrency payments through a regulated digital wallet.
Jan 30, 2026
Dubai, U.A.E — a world -shaking breakthrough in crypto currency penetration: Dubai Insurance announced it will accept bitcoin to pay for car insurance premiums — the globe's first insurance provider to accept crypto currency as a form of payment.
Dubai Insurance has partnered with Zodia Custody to launch its crypto-integrated digital wallet, which accepts Bitcoin as a payment medium. Zodia Custody is a digital asset custody provider backed by global financial institutions, including Standard Chartered Ventures.
“This initiative is a game changer for us and the insurance sector in the UAE and the region,” Abdellatif Abuqurah, CEO of Dubai Insurance stated, “By becoming the first insurance company to allow the receipt of premiums and payment of claims in digital assets through secure digital wallets, we are disrupting the way insurance services are delivered while ensuring that all of these practices remain in direct compliance with regulatory and governance frameworks."
On a regulated infrastructure, the wallet is designed to secure and enable transparent transactions by policyholders from digital assets, including Bitcoin, and optimize where it could add headings to these operational procedures.
Zane Suren, Managing Director, Commercial Middle East and Africa at Zodia Custody, told us of the importance of implementing institutional-grade security for our application.
“We are seeing accelerated adoption of digital assets,” Suren said, “Through this engagement, customers will own institutional-grade custody and controls that give premium payments and claims settlements on digital assets a secure, transparent, and operationally robust infrastructure."
Dubai is also positioning itself as a tech hub for fintech and digital finance innovation worldwide, an overarching objective that matches its current digital strategy and integration of blockchain technology across industries.
By endorsing regulated crypto adaptation, Dubai targets to attract global investment and expert recruitment while still holding up its reputation as a leader in digital finance.
The situation provides Emirati Citizens and expats an option for cashless, electronic payment methods that have traditionally featured bank transfers and check transactions. This enables a more convenient and flexible way of payment for our smart customers taking advantage of a more digital financial world.
This pivot reflects broader changes in consumer preferences, as individuals are increasingly seeking faster, more effortless financial services in a progressively digital world.
Dubai’s latest announcement may be a benchmark for how the insurance market adapts to the growth of digital assets across the world in a world that is shaping how insurance is bought and paid for. As cryptocurrency continues to extend itself worldwide, insurers could look to similar models to update their payment infrastructure and attract digitally native customers.
While universal adoption may depend on legal certainty and market readiness, Dubai's recent progress signals a likely shift in how insurance premiums are paid – and how digital assets might shape the future outlook of financial services.
Dubai Insurance's action highlights a developing concurrence among regulated financial institutions to analyze digital asset integration. While widespread acceptance will depend on regulatory clarity and consumer demand, the milestone signals how cryptocurrencies are being integrated into mainstream financial services, demonstrating a gradual shift in how insurance products could be paid for in the future.
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