Dubai International Financial Centre (DIFC) has signed a memorandum of understanding (MoU) with EC3 Brokers to implement a group health scheme.

The group health insurance master policy will be available for 2,400 active registered firms in DIFC, who provide health insurance for their 25,600 professionals.

“The scheme will provide participating companies access to mandatory health cover for their employees and dependents, and will support SMEs in gaining access to high-level coverage while streamlining their costs that are comprehensive and reasonable,” DIFC said in a statement.

EC3 Brokers will facilitate the purchase of cost-effective health insurance for DIFC registered companies. As part of the agreement, it will act as an intermediary to facilitate the tendering process to shortlist the insurer and the third-party administrator contractual partners in the UAE.

(Writing by Gerard Aoun; Editing by Seban Scaria)

(gerard.aoun@refinitiv.com)

#Dubai #DIFC #Health #Finance #Companies

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