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Dubai Insurance
DIN has consistently delivered exceptional service to its customers. Since 2006, with the appointment of an agile and proactive board of directors in early 2006, the company has seen a major transformation.
In fact, Dubai Insurance experienced a remarkable increase in revenue, profitability, and client offerings when the new board of directors and management team took over. Specifically, the company's revenue tripled, and its profitability and client offerings doubled. These achievements were accomplished while upholding the founders' values.
History
Dubai Insurance Company (DIN) was incorporated by His Highness Late Sheikh Rashid Al Maktoum as the first local company in the UAE.
Since then, DIN has always provided excellent service to its Clientele. The major transformation took place when the newly, agile and proactive Board of Directors were elected in early 2006. Dubai Insurance’s new Board of Directors together with the new management team tripled and doubled its revenue, profitability and client offering while maintaining the same unique values the founders were keen to establish.
Revenue multiplied from Aed 24M in 2006 to Aed 1.2B In 2021 without compromise on profitability. Under its composite P&C and Life License, Dubai Insurance offers a varied portfolio of products including Property, Liability, Marine, Group Life and Medical and many other specialty lines including Credit and Surety.
In acknowledgement of its performance and outlook, AM Best has assigned Financial Strength Rating of A-(Excellent) with Positive outlook and A3 With Stable Outlook By Moody's.
ICICI Lombard General Insurance Company Limited
ICICI Lombard General Insurance Company Limited is a prominent general insurance company in India. It is engaged in General Insurance, Reinsurance, Insurance Claims Management and Investment Management The company offers a diverse range of insurance products, encompassing Car Insurance, Health Insurance, International Travel Insurance, Overseas Student Travel Insurance, Two-Wheeler Insurance, and Home Insurance
With a customer-centric approach, ICICI Lombard is recognized for its innovative products and streamlined claims processing. As of March 31, 2023, the company boasts a substantial network, comprising 305 branches and a dedicated workforce of 12,865 employees. Over the years, ICICI Lombard has exhibited its commitment to policyholders, having issued more than 32.7 million policies and successfully settling 3.6 million claims, and has a Gross Written Premium (GWP) of ₹217.72 billion for the year ended March 31, 2023.
Mednet
MedNet is a managed care service provider of quality solutions that meet an individual's long-term healthcare needs and offers financial protection against unforeseen health crisis and expenses. MedNet is dedicated to build long-term relationships with customers (insured members, insurance companies and other entities which require managed care services) by facilitating access to high quality and affordable managed care services.
With an experience of more than two decades, MedNet is well positioned as the leading managed care service organization, specializing in health risk management, in the region. Our services reach beyond mere provision of administrative support for healthcare products and are enhanced by product design, pricing support, medical risk evaluation, medical management, healthcare provider (network) management, claims management, training and consulting services. As part of Munich Health - one of three business segments of Munich Re (Group) - we are also able to offer risk finance solutions starting from traditional reinsurance products to sophisticated financial reinsurance arrangements.
Peak Re
Drawing on our understanding and powerful insights, Peak Re partner with clients to identify opportunities and alleviate risk. Peak Re drive positive change for business and society, particularly the emerging middle class who are central to the sustained development of the insurance sector.
Clients value our fundamentally different approach to understanding their needs and providing an appropriate response unique to them in a highly efficient manner.
Peak Re are a Hong Kong-based reinsurance specialist with a global portfolio and a unique approach that reflects our founding purpose of contributing to the sustainable development of the insurance industry and helping society to prosper by providing protection to more people under the umbrella of insurance.
Since 2012 Peak Re have adopted a fundamentally different approach to how reinsurance should work. We start by listening and understanding, recognising that no two markets or problems are alike. This foundation allows us to use our local acumen and global expertise to build lasting partnerships delivering value to our clients.
Decision-making relies on relevant information and risk-based assessment of the alternatives. Our skills and team structure, coupled with our underwriting framework, allow us to respond fast, avoiding delay to clients’ processes at crucial times.
The pillars of our success are the Culture we nurture, the Agility with which we operate and the thoughtful Insights from our team of thinkers and innovators.