National Takaful Company (Watania) PJSC that taglines itself as #SettlesClaimsFaster has launched its online customer portal to underwrite policies and to add great convenience to its customers. It provides a non-touch and paperless environment to get a policy online and that too in less than 4 minutes.
AM Best has revised its market segment outlook on the insurance markets of the Gulf Cooperation Council (GCC) to negative from stable. Key factors that led to the change outlook includes the economic downturn across the region stemming from lower oil prices and COVID-19 containment measures; the expectation of lower insurance demand following a delay in the rollout of mandatory health insurance in Oman and Bahrain; the postponement of EXPO 2020 in Dubai; and the potential delay of government infrastructure projects.
Beyontec, which specializes in a wide portfolio of technology solutions for the global insurance industry, is proud to announce today that Clements Worldwide will be implementing Beyontec Suite as its core insurance solution.
Berkshire Hathaway Specialty Insurance (BHSI) today announced that it is providing Defense Base Act (DBA) insurance on a global basis through its DBA-dedicated underwriting and claims team in Dubai.
Delivering on its “Customer First” strategy, Oman Insurance Company has launched the new cloud-hosted website www.omaninsurance.ae on market leading Sitecore Digital Experience Platform with a fresh interface, enhanced e-commerce features and a host of digital services.
Zurich International Life Limited in the Middle East launches a new tele-interview process for new life insurance customers in the UAE. Together with additional measures around payment flexibility, and an invitation for customers to join an online community to share their concerns and needs, the organisation is actively seeking for ways to assist new and existing customers through this challenging time.
