Shory Partners with EVS and Al Wathba to Launch Exclusive Tesla Insurance in UAE

Shory Group (“Shory”), the leading AI-driven Insurtech firm in the region, has announced a strategic partnership with Electric Vehicle Services (EVS) and Al Wathba Insurance to launch insurance solutions exclusively for Tesla vehicles.

The collaboration brings together Shory’s fully digital insurance platform, Al Wathba Insurance’s bespoke motor insurance coverage, and EVS’s specialized electric vehicle servicing capabilities. Through one of the UAE's widest EV repair networks, EVS provides manufacturer-compliant repairs delivered by expert technicians using OEM-grade parts and certified components.

This product is designed to address the key challenges Tesla owners face around insurance accessibility, pricing consistency, and access to specialist EV repairs. Available exclusively through Shory in partnership with Al Wathba Insurance, it is the only insurance solution in the UAE that guarantees repairs will be carried out by EVS, the country's authorized Tesla repair partner. The tailored coverage gives customers added confidence that their vehicles will be repaired in line with manufacturer standards.

Aoun Al Smadi, CEO of Shory UAE, said: “As electric vehicles continue to gain traction in the UAE, it is important that insurance solutions evolve in parallel with both the technology and customer expectations. By bringing together digital insurance, specialist EV servicing and tailored motor coverage, we are making it easier for Tesla owners in the UAE to access an insurance solution built around their ownership experience.”

Shukri Salem Mussabih Almheiri, CEO of Al Wathba Insurance, added: “Electric vehicles require a different approach to underwriting and claims management. At Al Wathba Insurance, we are focused on developing insurance solutions that reflect the evolving needs of EV owners while maintaining the reliability customers expect. Our collaboration with Shory and EVS enables us to deliver coverage backed by trusted expertise across the customer journey.”

Saeed Aljunaibi, Founder and CEO of EVS, said: “This partnership brings together the critical capabilities needed to support Tesla ownership in the UAE. At EVS, our focus is on building a specialized EV servicing ecosystem, supported by advanced facilities and technicians who understand the complexities of electric vehicles. By working closely with Shory and Al Wathba Insurance, we are helping give Tesla drivers greater confidence through a more connected approach to insurance, servicing and customer support.”

The partnership builds on Shory's growing portfolio of specialized electric vehicle insurance solutions. Following the successful launch of dedicated coverage for Chinese electric vehicles earlier this year, the introduction of Tesla-specific insurance marks the next step in the company's strategy to deliver tailored protection for the UAE's evolving EV market.

Shory is a First.tech company and part of Judan Financial Holding, IHC's dedicated financial services platform.