The First Comprehensive Bespoke Insurance Solution for Classic and Future Classic in the UAE
Dubai, UAE: As classic vehicles are a source of pleasure and pride for their owners, Union Insurance Company has collaborated with Clements Worldwide to launch Driven®, the first comprehensive bespoke insurance solution for classic and future classic cars in the UAE. Owners of standard classic cars, sports cars, kit cars, limited edition cars and restored cars, of over 10 years of age, can obtain much needed insurance coverage for their valued vehicles.
Abdul Muttaleb Al Jaedi, Managing Director and Chief Executive Officer, Union Insurance Company, said, “We are proud to be once again launching a first in the UAE that aims to provide our customers with peace of mind and ensures their valuables are adequately protected.”
Much-loved vehicles deserve to be driven, not locked away in a garage. Now owners can be confident that they are fully protected every time they get behind the wheel.
“Classic vehicle owners in the UAE have faced difficulty finding coverage and high premiums when insuring their investments against physical damage, third-party liability and other risks,” said Dan Tuman President of Clements Worldwide. “Driven’s coverage provides owners, including collectors, a way to enjoy their vehicles with peace of mind at a reasonable cost.”
Since there is no depreciation applied to the agreed value of a vehicle, Driven is perfect for fully insuring vehicles that hold or appreciate in value. There are also discounts for reduced mileage, multiple vehicles and members of recognised owners clubs.
Driven® is the only classic vehicle coverage in the UAE with the security of Lloyd’s of London. To learn more and obtain a quote, visit: www.driveninsurance.ae
About Union Insurance
Union Insurance is licensed by the UAE Insurance Authority and listed on the Abu Dhabi Securities Exchange, and has its corporate office in Dubai. It was established in 1998 with paid-up capital of over AED 330 million. The company provides a comprehensive range of retail and commercial insurance products to clients in the UAE and the Middle East region. (www.unioninsurance.ae)
About Clements Worldwide
Clements Worldwide is a leading insurance provider for expatriates and international organizations. Founded in 1947, Clements offers international car, property, term life, health, specialty and high risk insurance in over 170 countries. With offices in Washington, D.C., London, and Dubai, Clements delivers comprehensive coverage, superior customer service, and unparalleled claims response. (www.clements.com)
© Press Release 2018