Parkin Company, Dubai’s largest provider of paid public parking solutions and services, has signed a strategic MoU with InsuranceMarket.ae, the largest insurance platform in the UAE, at GITEX Global 2025.
This agreement marks a major step forward in expanding Parkin’s digital ecosystem and enhancing the customer journey by introducing insurance as a new value-added service.
The collaboration highlights Parkin’s commitment to expanding its platform capabilities, enabling deeper integration of services that enhance convenience, connectivity, and the overall customer experience across Dubai.
The collaboration with InsuranceMarket.ae aims to explore opportunities for enhancing customer experience through digital innovation and value-added mobility solutions. Both parties intend to leverage their respective platforms and expertise to identify areas of mutual benefit, including initiatives that promote convenience, safety, and accessibility for motorists across the UAE.
The partnership will focus on developing integrated, customer-centric offerings and joint awareness campaigns that highlight the benefits of digital transformation in the mobility and insurance ecosystems.
Eng. Mohamed Abdulla Al Ali CEO – Parkin
“Our partnership with InsuranceMarket.ae represents a pivotal step in Parkin’s mission to redefine the urban mobility landscape. By integrating essential services such as insurance within our smart parking ecosystem, we are setting new standards for convenience, efficiency, and innovation. This collaboration further amplifies Parkin’s role as a key enabler of Dubai’s smart city vision and reinforces the Emirate’s global leadership in sustainable, technology-driven mobility solutions.”
Avinash Babur, Founder & CEO of InsuranceMarket.ae, commented that, “At the heart of everything we do is the customer, and our partnership with Parkin enables us to make their journeys even smoother. By integrating insurance and mobility under one digital ecosystem, we’re creating everyday conveniences that support Dubai’s vision for a smarter, more connected city, delivering simplicity, innovation, and peace of mind to every motorist.”
The collaboration reinforces Parkin’s strategy to build a fully connected mobility ecosystem that unites key service providers under one intelligent platform. Announced during GITEX Global 2025, the agreement underscores Parkin’s active role in showcasing how smart partnerships and digital integration are transforming Dubai’s mobility landscape and highlights its commitment to advancing smart city solutions across the Emirate.
