QIC Group announced on Monday that it had completed a knowledge exchange programme with leading insurance company, Sompo Japan Nipponkoa Insurance Inc (SJNKI), as part of its endeavor towards achieving the Qatar National Vision 2030.
Owing to QIC’s reputation as the leading insurer in the Mena region, SJNKI sent its staff to QIC Headquarters in Doha for enhancing technical skills, exchanging experiences, and adopting best practices.
The trainee was successful at familiarising himself with QIC’s widespread knowledge in various fields of insurance, digitised retail platforms, and communicating with a multi-cultural workforce and customer base in the Middle East.
Ahmed al-Jarboey, senior vice president Mena Retail & Motor Claims, said: “This collaborative partnership highlights QIC Group’s reputation and goodwill for which SJNKI has chosen us as the ideal partner.
“We wish to foster this growing relationship and take to its next stage of its evolution. It would be our way of cementing the partnership between the two business powerhouses.”
Qatar Insurance Company (QIC) is a publicly listed composite insurer with a consistent performance history of over 50 years and a global underwriting footprint. Founded in 1964, QIC was the first domestic insurance company in the state of Qatar.
Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and Mena region. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A(Excellent) from A M Best. In terms of profitability and market capitalisation, QIC is also the largest insurance company in the Mena region. It is listed on the Qatar Exchange and has a market capitalisation of over $3bn.
LEAVE A COMMENT Your email address will not be published. Required fields are marked*
EU leaders make last-ditch push for budget ‘miracle’
Asian LNG prices rise as buying interest jumps
Coronavirus weakens job market for record number of Chinese graduates
Japan factory activity shrinks at fastest pace since 2012 in February
US-India trade deal unlikely before Trump’s visit to India
Pain for Asian banks is just starting as virus batters loans
Asian bourses end lower on fears over spreading virus
China’s traders throw away script after virus jolts stock markets
Investors in ‘show me’ mode after growth slips at Canada banks