t’azur has taken a stake in Invita Claims Management Company, a third-party administrator for motor insurance. t’azur chief executive Yahya Nooruddin said the decision behind the investment into Invita Claims with a vision “to enhance the customer experience and bring new technology to further assist in the motor claims process.”...
Morocco will launch Islamic Insurance (Takaful) in 2019 after the success of its 2017 launch of Islamic banking services, which are thriving in the Middle-East, Africa, Asia and some western countries. In July 2017, the Moroccan Government Council adopted a draft decree paving the way for implementation of the Takaful...
The parent company of India’s leading insurtech brand, Policybazaar.com, ETechAces Marketing and Consulting Pvt. Ltd., along with Indian lending marketplace, Paisabazaar.com and healthtech platform, docprime.com, has now set up within the UAE market, with the launch of its new venture, Policybazaar.ae, an online financial products marketplace, that would list insurance and lending...
Etihad Credit Insurance (ECI), the UAE Federal export credit company, in collaboration with Dubai Chamber of Commerce and Industry, organised a focus group workshop for Dubai-based businesses, particularly in the emirate’s export community. The workshop allowed ECI to gain increased understanding of the challenges and issues that the exporters face...
Siaci Saint Honore, provider of insurance brokerage and consulting services, known locally under the name of Alpha Lloyds & MSH, inaugurated their offices recently in Dubai, under the patronage of the Consul General of France in Dubai & Northern Emirates. Active in the UAE since 2006 with its affiliate MSH...
Financial adviser Nexus has teamed up with Zurich International Life Ltd. (Zurich) to offer instant life insurance online with no medical check needed. Tarun Khanna, CEO of Nexus commented: “Customers’ protection needs come into sharp focus when major changes occur in life, for example getting married or starting a family,...
Nation-wide survey and education, by Cigna Insurance Middle East, aims to drive awareness and address gaps in perception on high blood pressure risks. Cigna Insurance Middle East, has launched Cigna ‘Heart Your Heart’, an initiative dedicated to driving awareness of heart health among residents in the UAE. Aligned to the...
Middle Eastern countries participate in the annual Dive In Festival for the first time, with global research that shows insurance managers are warming up to diversity and inclusion. New research from Dive In, the global festival for diversity and inclusion (D&I) in the insurance sector, reveals that the vast majority...
In spite of the landmark driving regulations and the new motor insurance policies issued, insurance companies have highlighted that only 45 percent of motor vehicles in the Kingdom of Saudi Arabia have been insured. Media spokesperson for insurance companies Adel Bin Abdulaziz Al-Issa, has remarked that not all insurance companies...
The Kuwait health insurance industry is set to follow its global counterparts. The compulsory health insurance for expatriates will move from the Ministry of Health to Daman, in order to facilitate development of the state, according Ahmad Al Saleh, Board member and CEO of Health Insurance Hospitals. Speaking to Al-Rai...
