Anticipated Surge in Motor Insurance Premiums as Insurers Navigate Financial Challenges Dubai, United Arab Emirates Recent weather patterns in the UAE have underscored a critical gap in many car insurance policies, leaving drivers vulnerable to unforeseen risks and significant financial losses. Policybazaar.ae, a leading insurance marketplace in the UAE, requestsContinue Reading
LONDON Measures put in place by the United Arab Emirates (UAE) insurance regulator, the Central Bank of the UAE, during 2023 and in early 2024 should ameliorate the relatively poor performance of personal lines insurance and support premium growth in the country, according to a new report from AM Best. The Best’sContinue Reading
LONDON AM Best will join a series of roundtable sessions, as well as sponsor and exhibit, at the annual Dubai World Insurance Congress, which will take place 29-30 April 2024, in Dubai. Roundtable discussions with participation from key AM Best executives include: AM Best is a silver sponsor of the annualContinue Reading
1,320 claims data analyzed from the 2023 Ramadan period 51% third party at fault, 36% shared fault Peak accident day times are 1-4pm, followed by 9am-12pm 30-39 years old motorists most vulnerable RoadSafetyUAE provides specific Ramadan safe driving ‘Tips & Tricks’ Dubai, United Arab Emirates During the holy month ofContinue Reading
UAE, March 06, 2024 NewTech Insurance Brokers, a licensed and regulated insurance brokerage powerhouse in the UAE, recorded a remarkable business growth in the fiscal year 2023 with a surge of over 35 per cent in key performance indicators (KPIs) and a renewal client rate exceeding 90 per cent. ThisContinue Reading
UAE, March 05, 2024 NewTech Insurance Brokers, a licensed and regulated insurance brokerage powerhouse in the UAE, recorded a remarkable business growth in the fiscal year 2023 with a surge of over 35 per cent in key performance indicators (KPIs) and a renewal client rate exceeding 90 per cent. ThisContinue Reading
Dubai, United Arab Emirates Savington proudly announces the strategic partnership with Effiya Technologies to fortify its commitment to regulatory compliance, aligning with the strict regulatory directives of the Central Bank of UAE. The initiative was taken up as a timely and serious measure to enhance Savington’s watchlist monitoring of customersContinue Reading
Streamlines 75% of its core operations, bringing claims processing time down from 3 days to 2 hoursDubai, United Arab Emirates Royal Exchange General Insurance Company Limited (REGIC), Nigeria’s oldest and largest insurance provider, has embarked on extensive digitalisation of its internal business operations using the Kissflow Low-Code Platform. As aContinue Reading
Dubai, UAE, 6th December, 2023 – Qashio, a multi-award-winning Fintech company providing financial tools, Corporate Cards and Expense Management solutions is launching ‘Qashio Insurance’ their own branded Health Insurance in partnership with YallaCompare. Qashio Insurance is a cost-effective solution with a simplified and automated digital health declaration process, taking lessContinue Reading
DUBAI, United Arab Emirates — Pacific Prime Dubai, a global health insurance brokerage with over 20 years in the industry, has been awarded the employee benefits “Top Producer SME & PL – Medical Award” from the GIG Gulf on October 12th, 2023 in recognition of their outstanding performance in theContinue Reading
