UAE - Motor Insurance Conference reviews global developments
Wednesday, 11 30 2016, Category: Insurance and Reinsurance, Country: U.A.E
Under the auspices of HH Lieutenant General Sheikh Saif bin Zayed Al Nahyan, Deputy Prime Minister - Minister of Interior, the Insurance Authority organizes the International Motor Insurance Conference, inaugurated today (Monday) in Abu Dhabi under the theme of: “ New Insurance Concept for Better Future”.
Participants in the Conference included officials from the UAE governmental relative entities, regional and international insurance supervisory and control institutions, financial organizations, universities, and global finance and insurance research centers, international experts in the field, insurance federations, the Emirates Insurance Association, regional and global insurance associations, insurance-related professionals, chambers of commerce and industry, the insured corporates and individuals, besides the general audience.
HE Sultan bin Saeed Al Mansouri, Minister of Economy and Chairman of the Insurance Authority (IA), said that the organizing of the International Conference on Motor Insurance in Abu Dhabi reflects the economic and social growth seen in the UAE, besides that industry’s accelerating progress in the UAE, the region, and the whole world as well.
In the opening speech delivered by the IA Director General (CEO)- HE Ebrahim Obaid Al Zaabi- on behalf of Al Mansouri, he highlighted the necessity to pursuit during the conference into methods of universal development of the insurance industry, and the motor insurance in particular, due to their direct impact on the economies of the countries.
Source: Insurance Authority – UAE