Showing posts with label Motor Retail. Show all posts
Showing posts with label Motor Retail. Show all posts

Rasan's Riyadh Rocket: How One Insurtech Doubled Its Game


Numbers That Talk

RIYADH, Saudi Arabia sets the stage as Rasan Information Technology Company posts eye-popping 1H 2026 results. Revenue hit SAR 517 million, jumping 111% year-on-year.
Meanwwhile, profits soared too. Adjusted EBITDA reached SAR 236 million, and gross profit climbed to SAR 358 million, up 103%.

Growth Everywhere You Look

Furthermore, Motor Retail, Motor Leasing, and Health all fueled this momentum. Consequently, Gross Written Premiums surged to SAR 5.4 billion.

Ultimately, CEO Nicola Garelli credits Rasan's capital-light model. Therefore, expect this leading Insurtech and Fintech platform to keep advancing Saudi Vision 2030 boldly.

Smart Shelves, Smarter Future: Alsaif Gallery’s AI Leap

Building a Smarter Foundation Tencent Cloud, the cloud business of global technology company Tencent, is collaborating with Alsa...