QIC Group recognised as ‘Motor Insurer of The Year'

Qatar Insurance Company (QIC), the leading insurer in Qatar and the Mena region, has been recognised as ‘Motor Insurer of The Year’ at the InsureTek Golden Shield Excellence Awards 2023 for the second consecutive year.
The InsureTek Golden Shield Excellence Awards is an annual awards programme that recognises and rewards leading insurers, reinsurers and insurance brokers in the wider Middle East region. The programme sheds light on innovators, creative minds and customer care professionals who have outperformed their competitors and demonstrated the highest levels of excellence across the region. It is part of the InsureTek International Conference that took place this year in Dubai on February 22 and 23.
Ahmed al-Jarboey, QIC’s Chief Operating Officer-Qatar Operations, said: “Motor insurance has been one of QIC’s key areas of expertise for nearly six decades, and we are proud that our motor products and services continue to be trusted by our customers and recognised by the industry experts regionwide."
In addition to winning an award, QIC Group’s chief digital officer Lars Gehrmann participated in a panel discussion under the title 'Embedded Insurance 2.0'. He discussed the importance of embedded insurance as an alternative distribution channel and the need for product innovation and digital conversion optimisation in the Mena region, as well as QIC’s preparedness to lead this change, by combining QIC Digital Ventures Partners' ability to define new digital products and business models with Anoud Tech as a tech enabler and Antares Global giving underwriting support for global distribution deals.
During the second day of the conference, The Mena Insurtech Association held the UAE chapter of its startup competition under the name, 'When Insurtechs Take the Stage', where 13 startups pitched their solutions to a panel of industry experts who selected the top six ideas that will go on to represent the UAE in the upcoming Mena Insurtech Summit in Doha, May 2023.
The Mena Insurtech Association, which is powered by QIC Group through its Digital Venture Partners unit, is a membership-based association that was founded in 2022 with the primary goal of building the insurtech ecosystem through connecting innovations, talents, partners and capital.