April 24, 2019



Over 300 industry leaders convene to discuss takaful

Across two power-packed days, an engaged audience of over 300 key industry leaders gathered from various markets comprising the GCC, Asia, Africa, Europe & USA, witnessed critical insights unfold at the 14th edition of the World Takaful & InsurTech Conference (WTIC 2019). Convened by Middle East Global Advisors, the World Takaful &...


Towards a Mature Takaful Industry

Oussama Kaissi calls for uniformity in takaful regulations around the world to add maturity to the industry and give impetus to the international expansion of takaful as a principle and business model. Islamic principles of risk-sharing rule out conventional insurance, because it tends to be offered by companies for the...


6 Principles of Insurance

M. Rajendran explains why insurance companies cannot afford to ignore the basic truth of honesty and trust while selling cover to their customers. Insurance relies on trust. The policy provider has to keep to their word and pay out when an unfortunate incident happens. Therefore the insurance provider needs to...


Innovate or Perish

Are health insurance companies doomed to perish if they don’t invest in technological and transformative advancements? A Premium report. Health insurance is now in a transformative phase and it is now becoming a requirement for survival and growth in a competitive market. RGA Middle East recently conducted its fourth annual...


The ‘Moral’ Hazard

User charges employed in the health insurance system bring equilibrium to the issue of healthcare cost versus benefit, writes Dr. Faraz T. Khan. Given the complexities of healthcare delivery, costs of healthcare services are not always in the reach of the consumers who may need to utilise these services without...


Disrupting the insurance industry

With InsureTech being the buzzword for this year, Michael Ilyas explains the various stages involved in setting up an online insurance aggregator and what it means for the industry. Digital transformation in the insurance industry is on the verge of catching up with the transition in other industries like retail...


Missing the Opportunity to Modernise

Reducing the regulatory burden on the technological platform, would be likely to encourage more development and investment in InsurTech in the UAE, observes Wayne Jones. InsurTech is upending and disrupting traditional models of distribution for insurance products across the world. But, how is the UAE facilitating this technological evolution? In...

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Hearing Is Believing

Voice technology will affect the future of financial services and can move the industry forward, with valuable applications across the customer experience, observes Alison F. Salka. If there is one universal theme in insurance and financial services today, it is change – relentless, more rapid than ever, and coming from...


A Collaborative Approach to Blockchain

Blockchain technology is evolving as a means of sharing authentic, real time information between entities while swiftly catering to the needs of the policyholder, writes Walid Dib. The past couple of years have showcased numerous blockchain pilot projects around the globe testing out possible use cases from blockchain in healthcare...


Partnering for a Healthy Future

The patient-payer-provider triangle is the key to success and ushering in change, writes Georges Chidiac. The healthcare industry is experiencing a paradigm shift towards a patient-empowered model. Technological advancements in the medical field and better access to information have allowed patients to take a more active role in their own...

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