Abu Dhabi, UAE: Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has announced today its expansion into the UK market with the opening of a representative office in London, under the name ADNIC International Ltd.
The office will facilitate reinsurance across industrial sectors including Energy (Upstream and Downstream), Property, Power, Engineering and Construction, Marine Hull and Cargo. The launch of its UK operation will aid the company in developing a strong and diversified international portfolio, as it seeks to develop its cross-border business in key global business hubs.
Commenting on the opening of the London office, His Excellency Sheikh Mohamed Bin Saif Bin Mohamed Al-Nahyan, Chairman of ADNIC said: “International expansion is a key element of ADNIC’s corporate strategy. It is important for the company to continue its growth through diversification of its revenue streams. Opening our London office is one of other initiatives that ADNIC has started to execute as part of its expansion strategy.”
Ahmad Idris, Chief Executive Officer at ADNIC added: “The new office will strengthen our ability both to support our existing clients with their operations overseas and, equally important, to facilitate reinsurance support to our broker partners and their clients around the world.”
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About Abu Dhabi National Insurance Company
Abu Dhabi National Insurance Company (ADNIC) PJSC is a composite insurance partner with long standing expertise in providing insurance products to individuals and corporates across the Middle East and North Africa (MENA) region. Founded in the United Arab Emirates (UAE) in 1972, ADNIC has a wide network of branches as well as sales and service centers across the country. ADNIC is publicly owned and listed on the Abu Dhabi Securities Exchange (ADX).
For more information, please contact:
Hassan AlKhuwaildi
Senior Manager – Corporate Communications
Abu Dhabi National Insurance Company
M: +971 566855847
D: +971 2 4080421
F: +971 2 4080625
Email: h.alkhuwaildi@adnic.ae
www.adnic.ae
© Press Release 2017
