July 28, 2021

Middle East Views

Middle East Views
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Daman launches new services, strategy

Marking the occasion of its 15th anniversary, National Health Insurance – Daman (Daman) recently announced a new strategy in addition to launching a new service for the elderly, people of determination and senior citizens. Speaking at the event Hamad Al Mehyas, CEO of Daman, gave an account of the various services...

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‘More companies seeking self-insurance solutions’

A wider gamut of companies is now investigating self-insurance solutions in response to hardening rates in the international commercial insurance and reinsurance markets, according to analysis by AM Best. Traditional use of captives such as the heavy industry sectors and state oil enterprises are still prevalent, while companies in the...

Orient X AFEX.

Orient partners with Al Fardan Exchange

Orient Insurance has partnered with remittance payment provider Al Fardan Exchange to allow their Life Insurance customers to make insurance premium payments through any Al Fardan Exchange branch in the UAE. This partnership will provide added ease to individuals, facilitating a smoother payment process. Customers will now have access to make these...

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UAE regulators mull guidelines for financial units

The Central Bank of the UAE (CBUAE), the Securities and Commodities Authority (SCA), the Dubai Financial Services Authority (DFSA) of the Dubai International Financial Centre (DIFC), and the Financial Services Regulatory Authority (FSRA) of Abu Dhabi Global Market (ADGM) have jointly launched a four-week public consultation on proposed “Guidelines for...

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Cigna launches offering with open access network

Cigna Insurance Middle East (CIME) has launched its new health insurance offering SmartCare by Cigna. The new region-specific offering provides members access-to-care across a wide list of network providers, and is supplemented with services such as Employee Assistance Programs, Telehealth, Clinical Care for critical illness, Pandemic inclusions and Mental Health solutions, which...

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Zurich’s 5 insights for the UAE market

Zurich International Life in the Middle East (Zurich) has highlighted some key insights for the future of the industry in the UAE, as part of its ‘Shaping a Brighter Future of Work’ report published in collaboration with Oxford University. The study distilled insights from 17 of Zurich’s markets across five continents...

Al Futtaim Health & MetLife

Metlife launches digital health solution

Al-Futtaim Health and MetLife have announced a strategic partnership to launch a service that will connect healthcare professionals and specialists with patients virtually. The services will be launched under MetLife’s Care Anywhere platform, powered by Al-Futtaim Health, making healthcare services more accessible to MetLife’s corporate insured members. MetLife’s Care Anywhere encompasses...

Now Health International partners with Arabia Insurance Company SAL

RSA announces its acquisition

RSA Middle East has announced that American property & casualty company Intact Financial Corporation has successfully acquired all its intended shares in RSA Insurance Group plc, based out of the UK. A consortium comprising of Intact Financial Corporation and Tryg A/S, has purchased all shares in RSA Insurance Group plc, with acquisition...

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Connected cars: MSI ties up with Israeli start-up

Mitsui Sumitomo Insurance Co., Ltd., a subsidiary of MS&AD Insurance Group Holdings Inc. has announced that it has invested in and formed a business alliance with Israeli start-up Upstream Security Ltd., a company that specialises in providing innovative solutions for connected cars. Upstream’s advanced cybersecurity technology for connected cars is...

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Pandemic: GCC health ministers meet

The health ministers of the Gulf Cooperation Council for the Arab States (GCC) convened their fifth extraordinary meeting in Riyadh, during which they discussed the importance of vaccinations as a safe means to protect communities to overcome the pandemic, with the need to sustain adherence to the approved precautionary measures. The...

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