The inauguration of Orient Insurance’s offices in Al Ghadir, Riyadh, marks the company’s expansion into the Saudi market
insurance brokerage
Latest in insurance brokerage
DIFC
Mahindra Insurance Brokers launches reinsurance division in Dubai International Financial City
Mahindra Insurance Brokers opens Dubai International Financial City office
Cigna
Saudi Arabia allows entry of a foreign health insurance company for first time
The country’s central bank announced granting license to Cigna Worldwide Insurance Company on Monday
Abu Dhabi
Abu Dhabi-based Daman records 84% growth in profits in three years
Includes 14 percent increase in overall earned instalments compared to 2020; also managed an 18 percent reduction in operational expenses despite 80 percent increase in paid claims
insurance
How insurtech demystifies insurance by making it simpler, accessible, and easier to understand
“With insurtech, we’re typically trying to give more detailed data that helps the industry price the risk better. At the same time, it makes insurance, or the product, simpler for consumers,” says CEO of insurtech policybazaar
car insurance
Plan revealed for Bahrain’s first online insurance comparison portal
Website is expected to launch in third quarter of 2018 after winning Bahrain Central Bank approval
Dubai Fire
UAE insurers expect business uplift following Dubai tower blaze
Nexus Insurance Brokers chief also hints that increase will be short-lived as only 10% have home and contents cover
car insurance
7 reasons you’re paying more for your UAE car insurance
Have you ever wondered why you’re paying so much for your car insurance in the UAE?
Dubai Fire
100% rise in home insurance sales since Dubai’s Zen Tower fire
Penetration rates of home insurance in the UAE remain extremely low at 11% compared to 70% in Europe
Aqeed
Entrepreneurs of the Week: Aqeed’s Hadi Radwan and Rachid Abi Nader
UAE-based Aqeed offers a one-stop shop insurance brokerage that is powered by the latest technology – and now it seeks regional coverage