Qatar Insurance has been recognised as the ‘Best Motor Insurance Company Mena 2018’ at the Global Banking & Finance Review awards conducted by the Global Banking & Finance review magazine.
The award reflects the innovation, achievement, strategy, progressive and inspirational changes that have taken place within the Global Financial community, the company said in a statement.
Many institutions, including those from the banking, foreign exchange, insurance, hedge funds, pension funds, compliance & advisory, corporate governance, brokerage and exchanges, project finance, binary options, investment management, technology, asset and wealth management, Islamic finance, exchange traded funds, real estate, corporate social responsibility, and other areas were evaluated and shortlisted during the selection process for the award category.
The ranking methodology used for the selection of the winner was based on the magazine’s research team, which scrutinised a nomination to ensure that it met with the specific criteria for an award in the selected category.
Salem al-Mannai, deputy group president and QIC Group CEO, said: “We are honoured to be recognised as the ‘Best Motor Insurance Company Mena 2018’. The prestigious ranking serves as a testament to the resounding success of our customer-centric and technologically-progressive approach towards our products and services. It also showcases the goodwill and reputation that Qatar Insurance has built over the years of its operation.”
He added: “The award motivates us further to maintain our status as a market leader in the insurance space in the Mena region. Qatar Insurance has garnered a lot of success by embracing digital transformation and embedding artificial intelligence to automate systems and processes for simplifying customer journeys.
“Our retail portal has been a key driver in enhancing our products and services-right from getting quotes, to purchasing motor insurance online, to bespoke insurance-on-call services, and to filing and managing a motor claim, among others. Likewise, our wide network of branches and kiosks has equally ensured to provide the best-in-class services to all customers.”
Established in 1964, Qatar Insurance is a publicly listed composite insurer with a consistent performance history of more than 50 years and a growing global underwriting footprint.
QIC has grown from strength to strength to where it is today by offering innovative personal and business insurance solutions and exemplary insurance services for car, home, travel, and personal accident benefit insurance products. For further information on QIC, visit www.qatarinsurance.com
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