• Collective commitment to innovation delivers a seamless, EV-focused insurance experience for Tesla owners.

• One year of complimentary insurance for Model 3 and Model Y registrations completed before December 31, 2025, offering exceptional value and peace of mind to new Tesla owners

25.11.2025, Dubai: Liva, a leading insurance group in the GCC, has expanded its strategic collaboration with Beloy and Petra Insurance to enhance “InsureMyTesla”, the dedicated EV insurance program designed for Tesla owners in the UAE. The partnership brings together Liva’s product underwriting vision and Beloy’s embedded technology, to deliver a frictionless, fully digital journey - from quote to claim - tailored to the unique needs of electric vehicles. Petra Insurance is the broker partner providing important support locally.

As part of this initiative, Tesla customers can benefit from one year of complimentary insurance on the Model 3 and Model Y with customer registration completed before December 31, 2025. The program continues to support the UAE’s growing EV landscape by offering transparent coverage, advanced battery and charging-related protection, and a streamlined customer experience that reflects modern mobility expectations.

Martin Rueegg, Group CEO of Liva Group, said: “InsureMyTesla reflects Liva’s commitment to designing solutions around real customer needs. We saw a gap in the market for EV-specific coverage, and we built a product to close it. At Liva, we believe insurance should support every aspect of our customers’ lives, which is why we are continuously investing in technology and insight to develop more intuitive and relevant solutions. This launch has not only been a win for Tesla owners but also a powerful example of how we are accelerating our broader digital transformation strategy and helping shape the future of insurance in the region.”

Vikas Chhariya, Founder and CEO of Beloy, said: “One year on, we are proud to continue supporting the GCC expansion of InsureMyTesla to deliver flexible digital EV insurance that will eventually bring down the cost of EV ownership. Over the past year, this initiative has advanced our founding vision of providing sustainable insurance solutions that are easy, fast, and digital-first - perfectly suited for the growing electric vehicle market.”

Ramzi Ghurani, Managing Partner of Petra Insurance Brokers, said: “With a legacy spanning six decades, Petra Insurance Brokers, has consistently embraced agility, open communication, and futureproofing to meet the evolving needs of our clients. Our streamlined management approach, free from unnecessary bureaucracy, has enabled us to play a pivotal role in facilitating innovative insurance solutions like InsureMyTesla in the UAE. Collaborating with forward-thinking partners such as Liva and Beloy, we are proud to deliver seamless, technology-driven experiences that align with the progressive values of Tesla owners and advance the future of Green Mobility.”

InsureMyTesla is another step in Liva’s journey to reimagine insurance in the region - making it more digital, more relevant, and more centred on the lives of our customers.