The most common question in partner due diligence isn't about the API — it's "are we allowed to do this?" The short answer is yes, and the long answer is the reason this model exists at all.
The structure
Yasmina operates as an approved insurance platform under the Saudi Insurance Authority. Every policy sold through a partner journey is underwritten by a licensed insurance company. Your platform distributes; it never underwrites, never holds premium float, never carries claims liability.
What you inherit
- An approved distribution framework — no insurance license required on your side.
- Consumer protections handled at the platform layer: disclosures, cooling-off, complaint routes.
- Audit-ready records: every quote, sale and payout is logged and exportable.
What stays with us and the insurers
Product approval, pricing filings, claims handling and solvency are the insurers' obligations, supervised by the Authority. Our agreement passes none of that to you — which is precisely what makes the one-day integration possible.
This piece is being reviewed by outside counsel before publication.