Mantas

Mantas is a UAE-based insurtech startup focused on providing parametric insurance solutions to protect businesses from cloud outage risks in the Middle East and Africa.

The company aims to enhance cyber resilience for the digital economy by treating cloud downtime as a measurable and insurable business risk. Mantas operates as a Managing General Agent (MGA) and is regulated by the Dubai Financial Services Authority. The company offers a dual-service model that includes parametric cloud outage insurance, which provides automatic payouts based on verified outage data, and real-time cloud risk monitoring with predictive analytics. This approach allows businesses to proactively manage cloud downtime risks and streamline their insurance processes. Mantas targets fast-moving businesses that rely on cloud infrastructure and digital service delivery, helping them navigate the complexities of the regional regulatory landscape.