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Growth Momentum Continues as Takaful Emarat focus on digital disruption
Dubai, UAE: Takaful Emarat (“the Company”), the DFM-listed, Shariah-compliant Life and Health Takaful provider is pleased to announce that at the annual MENA Insurance Awards it won ‘UAE Insurer’ and ‘Takaful Insurer’ of the year. These awards consolidate Takaful Emarat’s dominant market position as the largest Takaful group in the UAE.
The Awards presentation, which was held at a VIP reception at the Ritz Carlton in the DIFC, recognized those MENA based insurers, reinsurers and brokers that have demonstrated exceptional customer service and innovative product development over the past 12 months.
Mohammad Alhawari, Takaful Emarat’s Managing Director and Executive Board Member commented:
“We are delighted to win these coveted awards, which recognise the growth of our business over the last 12 months as we embrace new partnerships, technologies and digital routes to market. Our growth momentum continues to accelerate following our recent acquisition of Al Hilal Takaful and we are now the largest Takaful group in the UAE offering life, health and general Takaful Insurance across the Emirate.
For the year ahead we remain focused on incorporating new technologies into our business to ensure we supply the best products and services to the market in the most innovative, efficient and cost effective way as possible. Added to this, our recent partnerships with Bayzat and Souqalmal open up new and dynamic markets, which are delivering exciting opportunities. The year ahead is exciting and I look forward to reporting on major corporate and digital news in due course.”
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About Takaful Emarat & Al Hilal Takaful
Takaful Emarat Insurance PSC, established in 2008, is a leading Shariah-compliant Life and Health Takaful Provider in the UAE. Takaful Emarat markets a wide range of individual and corporate life and health Takaful products including protection, savings and investment plans through variety of distribution channels. Takaful Emarat is also a participating insurer providing basic mandatory health insurance in the Emirate of Dubai. In December 2017 the Company acquired Al Hilal Takaful, which provides general Takaful products and services to individuals and corporates to become the largest Takaful group in the UAE.
