Al Wathba National Insurance Co PJSC (ADX: AWNIC) announced today that it has published its first annual Corporate Sustainability Report which provides additional disclosure related to the Company's environmental, social and governance (ESG) efforts.
This demonstrates AWNIC’s commitment towards ADX initiative to drive sustainability in alignment with UAE national vision 2021, Abu Dhabi Economic Vision 2030 and national & global efforts on adopting sustainable development goals (SDG) through all the activities in insurance value chain. The report focuses on AWNIC’s responsibilities to the community and its key stakeholders, showcasing how the company is fostering an inclusive and diverse workplace and driving the digital innovations in the insurance industry.
On this momentous occasion Mr. Bassam Chilmeran, AWNIC’s CEO commented “Over the course of the last few years, we have witnessed a paradigm shift in customer expectations with regards to technological advancement, increased regulatory requirements and commitment to society at large. We are also one of the early adopters of Robotic Process Automation (RPA) and Blockchain technologies in the UAE Insurance market. As a result, 2019 was the second year in a row that we were the recipient of “Digital transformation & Smart services” award from the UAE - Insurance Authority. This proof of quality is a result of the excellent work of our employees and our policy to put their wellbeing as our highest priority. Their continuous input is an important part of the solutions regarding the varied concerns about climate change, human right issues and economic crisis have brought the focus on transparency, sustainability and responsibility in business, covered in this report”
AWNIC will continue to provide timely updates on its sustainability initiatives at investor relations section in www.awnic.com
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About AWNIC
Established in 1996, Al Wathba National Insurance Company (AWNIC) is the United Arab Emirates’ leading insurance company in terms of digital and smart services. With Its Head Office in Abu Dhabi and a widespread network of branches across the UAE, AWNIC provides insurance services to a large spectrum of clients from individuals to corporate lines.
AWNIC is supported by an internationally renowned panel of reinsurers. Praised for its digital initiatives and the introduction of tech solutions into its workplace, AWNIC won the UAE Insurance Authority’s award for Digital Transformation and Smart Services in 2018 and 2019.
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