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InsureTek Middle East 2018 concludes successfully and renowned Insurance personalities are honored at Golden Shield Excellence Awards

08 November 2018InsureTek Middle East 2018
Group Photograph - Golden Shield

Group Photograph - Golden Shield

Biz Events Management organized InsureTek Middle East 2018, a one day international conference on insurance on 7th November 2018 at Hotel Grand Excelsior, Dubai.

The event was inaugurated by H.E Eduardo Fonseca Ward Ambassador, Republic of Panama to the United Arab Emirates and the Kingdom of Saudi Arabia. The event discussed the key issues affecting the insurance market and recent advancements in the insurance industry. The entire proceedings of the event was telecasted live.


The conference was preceded by Golden Shield Excellence Awards 2018, to recognize the remarkable and noteworthy contributions of the veterans to the insurance industry. The recipient of these awards were top notch organizations who have demonstrated highest level of professionalism, contributed towards the development of the insurance field.


IMC Golden Shield Excellence Award for Takaful Company of the Year was presented to Abu Dhabi National Takaful Co. PSC; Personal lines Insurance Company of the Year was bestowed upon Oman Insurance Company, Loss Adjustment Firm of the Year was presented to Arab Loss Adjusters, Energy Insurance Company of the Year was bestowed upon Union insurance and Inchcape Shipping Services was presented with Leading Claims Manager of the Year.


Corporate Social Responsibility Award was bestowed upon Gargash Insurance Services LLC; Broker of the Year was being bestowed upon Marsh & McLennan Companies; Aafiya Medical Billing Services was presented with the TPA of the Year award, Leading Marine Liability Broker of the Year was presented to Arya Insurance Brokerage Co. (LLC); Insurance Law Firm of the year was bestowed upon HFW, Award for Educational & Training Initiative of the Year was bestowed upon Oman Insurance Academy, Islamic P&I Club was declared the Leading P&I Club of the Year, Ms. Meena Mathews, GAC was presented with Women Professional Excellence in P&I Claims Management award, and Motor Insurance Company of the Year was bestowed upon Al Wathba National Insurance Company P.S.J.C. Award were presented by H.E. Fareed Lutfi, The Secretary General, Emirates Insurance Association & The Secretary General, Gulf Insurance Association and Mr. Sohan Roy, Founder Chairman & CEO, Aries Group


The event was supported by Dubai Insurance Authority and the media partners included AlHuda CIBE FZ LLE, True banking, Privatebanking.com, CIFA, FAnews, Digi Silk Road, Focus Economics, InsurTechnews.com, UGB, XPRIMM.


For more details on the event visit www.biztvevents.com

Quick Polls

QUESTION

Between 1918 and 2014, 32% of all of Lloyds of London’s insured losses were caused by flooding. With Climate change becoming a growing issue, is this a growing concern for insurers?

ANSWER

Yes, we have seen a significant increase in flood related losses
No, there will always be flood related losses. We are prepared for this.