UAE's first virtual signing takes place to announce new finance solutions for SMEs and corporates

Deem’s business customers will be able to access Noor Takaful | Ethical Insurance’s wide-range of commercial insurance products

UAE's first virtual signing takes place to announce new finance solutions for SMEs and corporates

Dubai: Noor Takaful | Ethical Insurance and Deem, a digitally-led financial services provider, have signed a partnership that brings the best of insurance and personal finance together. In light of the impact caused by the COVID-19 pandemic, this partnership will create new solutions for corporates and SMEs to access Insurance products online while they are working remotely and quarantined from their homes.

Through the agreement, Deem’s business customers will be able to access Noor Takaful | Ethical Insurance’s wide-range of commercial insurance products.

The initiative aims to leverage combined resources to grow both companies’ businesses, collaboratively support their partners and clients. Furthermore, the partnership reiterates Deem’s commitment to providing customers with a diverse and wide-range of 360-degree  business solutions that suit their needs. On their part, Noor Takaful will be able to further scale their products and services to serve a wider range of customers.

“Our clients and partners will continue to be at the centre of our growth strategy. Deem’s ability to make industry-leading customer solutions and our ability to support them with ethical insurance and takaful distribution will help us build a strong partnership together and provide UAE corporates and SMEs with new solutions when they need it the most,” said Rajesh Sethi, CEO of Noor Takaful | Ethical Insurance.

“In light of the impact from Covid-19, it is now more important than ever to offer access to digital solutions that meet customer’s needs. This partnership consolidates our position as a financial provider that is focused on providing our customers with a wide-suite of tailored products that help to improve their lives.  Noor Takaful and Deem Finance share a number of synergies, particularly in our values, entrepreneurial attitude and hunger for growth. We look forward to the growth prospects and benefits that this initiative will open up for our clients and customers,” said Chris J de Bruin, CEO of Deem Finance.

Noor Takaful | Ethical Insurance has been developing ethical and innovative takaful products for the past 11 years and is ISO 9001:2015 certified. Headquartered in Dubai, the insurance provider also has branches in Abu Dhabi, Sharjah and Ajman.

DEEM is a finance company geared towards offering easy and smart personal finance solutions through its digital platform. Deem’s mission is to empower its customers with a bright financial future. The finance provider operates on the core values of being courageous, hands-on, accessible and simple.

Send us your press releases to 

© Press Release 2020

Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release.

The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk.

To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

More From Press Releases