| Dubai, United Arab Emirates - Monday, February 15th 2016 [ME NewsWire]
Today RoadSafetyUAE and QIC Insured (Qatar Insurance Company) announced their strategic partnership for UAE, a partnership aiming at jointly increasing road safety and safe driver awareness in the Emirates.
“Being the largest insurer in the region, we see it as an obligation to actively promote road safety, not only in the Emirates, but in the entire region”, explains K.G. Venkat, CEO of QIC UAE and continues “as an insurance company with close to a million individual customers, we have the ability to leave a significant footprint on the road safety efforts, and partnering with RoadSafetyUAE is an important step in doing so for UAE”.
There are at least three obvious reasons to safer roads; first is the reduced fatality and injuries caused, then there’s the reduced traffic congestion as one of the major reasons for traffic jams are accidents – and for an insurance company, safer roads means fewer claims which in turn could turn out to lower motor insurance premiums.
Frederik Bisbjerg, Executive Vice President, MENA Retail, elaborates “We’re currently piloting Pay-How-You-Drive car insurances in Qatar and we see this partnership as an important step to understand how we can do the same in Dubai and the Emirates”.
One specific initiative the partners already have begun is the ‘UAE Road Safety monitor’, a research project monitoring the road traffic participants’ perception with regards to the biggest sources of accidents and fatalities on UAE’s roads. The initial results will be made public in the coming weeks. QIC insured also supports RoadSafetyUAE in providing tips & tricks with regards to the proper insurance cover motorists have to have in the UAE on http://www.roadsafetyuae.com/the-right-insurance/
“It is a privilege to partner with Qatar Insurance, the largest insurance company in the MENA region and to tap into their knowledge pool and thought leadership in order to come up with a series of initiatives aimed at improving road safety in the UAE and the broader region”, Thomas Edelmann, Founder and Managing Director of RoadSafetyUAE states.
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About Qatar Insurance Company:
Qatar Insurance Company (QIC) is a publicly listed composite insurer with a consistent performance history of 50 years and an underwriting footprint across the Middle East, Africa and Asia. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA regions. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A(Excellent) from A.M. Best. In terms of profitability and market capitalization, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Exchange and has a market capitalization of USD 4 billion.
QIC Insured is the retail brand of QIC’s personal insurances and can be experienced at qic-insured.com
For further information, please contact:
Frederik Bisbjerg
Executive Vice President, MENA Retail
www.qic-insured.com
frederik.bisbjerg@qicgroup.com.qa
+971 50 62 95 187
About RoadSafetyUAE:
RoadSafetyUAE’s vision is to contribute to reducing the number of road traffic fatalities, injuries and accidents in the UAE. RoadSafetyUAE’s mission is to raise the all stake holders’ awareness for proper conduct on our roads, in an engaging manner and on a broadly communicated and permanent basis. RoadSafetyUAE’s award winning platform engages with the stake holders traffic participants, governmental entities, the media, and more than 30 corporate social responsibility (CSR) aware partners. The content backbone are ‘tips&tricks’, provided for more than 50 topics of road safety, specifically relevant to the UAE. More information can be found on www.RoadSafetyUAE.com.
In addition to Qatar Insurance, RoadSafetyUAE partners with RTA, Dubai Chamber of Commerce, Dubai Health Authority, BMW, Michelin, Audi, Nissan, Infiniti, Al Masaood, Al-Futtaim Honda, Volvo, Galadari Brothers - Mazda, Al Habtoor Motors - Mitsubishi, Fiat Chrysler Automobiles - Dodge, MAN Trucks, Gargash Insurance Brokers, ADNOC, Red Bull, PepsiCo, MMI, Pernod Ricard, Galadari Motor Driving Center, ABB, Serco, MiXTelematics, JustKidding, AMEC Foster Wheeler, Al Hilal Bank and VOX Cinemas.
Contacts
Thomas Edelmann
Founder and Managing Director
RoadSafetyUAE.com
Thomas@RoadSafetyUAE.com
+971 50 55 19 216
Permalink: http://me-newswire.net/news/17031/en
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