Latest news with #QatarInsuranceCompany
Yahoo
27-05-2025
- Business
- Yahoo
QIC unveils personal cyber insurance offering
Qatar Insurance Company (QIC) has launched personal cyber insurance coverage to protect individuals against cyber risks. This policy aims to provide financial safeguards for online threats including those related to online shopping and the use of internet-connected devices. The coverage encompasses financial losses due to credit card fraud, cyberattacks, cyber extortion, damage to connected devices and wearables, incidents of online shopping fraud, identity theft and phishing scams. It also extends to cover theft of funds and ransom payments in cases of cyber extortion. QIC CEO Salem Al Mannai added: 'In line with the National Cyber Security Strategy 2024–2030 and the objectives of Qatar National Vision 2030, QIC is proud to be the first insurer to introduce this ground-breaking personal cyber insurance in the country. 'As Qatar continues its digitalisation at all levels, we are confident that this new product will enhance the confidence with which people in Qatar go online, ensuring our community stays protected while engaging with an increasingly connected world.' The product is exclusively available to QIC customers and they can purchase it as an add-on to home contents, car and travel insurance policies for an annual premium of QR100. In November 2024, QIC partnered with Ooredoo Group to develop new insurance solutions by leveraging QIC's expertise in risk management and integrating it with Ooredoo's telecommunications infrastructure. "QIC unveils personal cyber insurance offering " was originally created and published by Life Insurance International, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Trade Arabia
03-04-2025
- Trade Arabia
QIC expects Eid travel surge as more travellers secure insurance
Qatar Insurance Company (QIC), a leading insurer in Qatar and the MENA region, expects a significant increase in outbound travel during the Eid al-Fitr break. QIC's internal analysis of travel insurance purchasing behavior indicates a 50% increase in the number of outbound travellers who have already purchased travel insurance from QIC for their trips during the Eid holiday period until the end of the first week of April 2025, compared to the Eid al-Fitr holiday in 2024. Europe is the preferred destination among QIC policyholders this Eid, with over 55% considering at least one of the 29 Schengen countries. Poland is the top trending Schengen destination this Eid, followed by France, Germany, Croatia, and Portugal. Outside the Schengen zone, the UK remains the preferred destination for QIC-insured travellers this Eid. As for visitors arriving in Qatar this Eid, QIC's data shows that nationals from Saudi Arabia, India, Algeria, Turkey, and the US are among the top purchasers of travel insurance for visiting Qatar this Eid, including both inbound travel insurance and QIC's mandatory visitors' health insurance. Ahmed Al Jarboey, QIC's Chief Operating Officer - Qatar Operations, said: 'The Eid al-Fitr break is a preferred travel period for many citizens and residents of Qatar, and an ideal occasion for international visitors to come and experience Qatar's festive celebrations during this joyous time. At QIC, we take pride in offering a diverse range of insurance plans that cater to every traveler segment, ensuring worry-free journeys for everyone. Our travel insurance solutions are carefully designed to protect travellers against unexpected financial burdens, and we are confident that Qatar-based travellers and international visitors will once again enjoy worry-free trips this Eid with QIC.' -TradeArabia News Service
Zawya
25-03-2025
- Zawya
Qatar: QIC expects Eid travel surge as more travelers secure insurance
Doha, Qatar: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, expects a significant increase in outbound travel during the Eid al-Fitr break. QIC's internal analysis of travel insurance purchasing behavior indicates a 50% increase in the number of outbound travelers who have already purchased travel insurance from QIC for their trips during the Eid holiday period until the end of the first week of April 2025, compared to the Eid al-Fitr holiday in 2024. Europe is the preferred destination among QIC policyholders this Eid, with over 55% considering at least one of the 29Schengen countries. Poland is the top trending Schengen destination this Eid, followed by France, Germany, Croatia, and Portugal. Outside the Schengen zone, the United Kingdom remains the preferred destination for QIC-insured travelers this Eid. As for visitors arriving in Qatar this Eid, QIC's data shows that nationals from Saudi Arabia, India, Algeria, Turkey, and the United States are among the top purchasers of travel insurance for visiting Qatar this Eid, including both inbound travel insurance and QIC's mandatory visitors' health insurance. Ahmed Al Jarboey, QIC's Chief Operating Officer - Qatar Operations, said: 'The Eid al-Fitr break is a preferred travel period for many citizens and residents of Qatar, and an ideal occasion for international visitors to come and experience Qatar's festive celebrations during this joyous time. At QIC, we take pride in offering a diverse range of insurance plans that cater to every traveler segment, ensuring worry-free journeys for everyone. Our travel insurance solutions are carefully designed to protect travelers against unexpected financial burdens, and we are confident that Qatar-based travelers and international visitors will once again enjoy worry-free trips this Eid with QIC.' QIC offers a range of travel insurance plans, including the Worldwide Plan, which provides coverage for medical emergencies, flight delays, and lost luggage and passports during global travel. The Fly Europe Plan provides up to $50,000 in medical coverage for Schengen and other European countries, while the Regional Plan covers travel accidents, medical expenses, and legal costs for trips to the Indian subcontinent, Southeast Asia, and the GCC. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Zawya
05-03-2025
- Automotive
- Zawya
Qatar Insurance Company and Alfardan Automotive sign deal
Doha, Qatar: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has signed a Memorandum of Understanding (MoU) with Alfardan Automotive, distinguished by its rich legacy in representing the most prominent automotive brands, to enhance digital offerings and transform car-related services in Qatar. The agreement marks a significant step forward in revolutionizing the digital experience of car owners and drivers in Qatar, as it brings together QIC's digital leadership and Alfardan Automotive's unmatched expertise in the automotive industry and excellence in customer service, redefining convenience, and efficiency in accessing car services in Qatar. As part of this collaboration, motorists in Qatar will have the convenience to access Alfardan Automotive's services through the award-winning QIC App, and fulfill their car-related needs at their fingertips. Commenting on the new partnership, Salem Al Mannai, Group CEO of QIC, said: 'Our partnership with Alfardan Automotive paves the way to elevate the car-related digital landscape in Qatar. This is a major step within our journey towards building the region's first insurance-powered digital ecosystem, catering to the needs of everyone seeking convenient, reliable, and high-quality digital services." Dr. Ma'n Alhamawi, CEO of Alfardan Automotive, said: 'At Alfardan Automotive, we believe that digital transformation is fundamental to the future of the automotive industry. This partnership with QIC represents one of our strategic steps to enhance customer experiences by seamlessly integrating advanced technology with our premium services. Through this MoU, we aim to develop new ways for customers to interact with our automotive services, improving efficiency, convenience and setting new benchmarks for innovative digital experiences in Qatar's automotive sector. © Dar Al Sharq Press, Printing and Distribution. All Rights Reserved. Provided by SyndiGate Media Inc. ( The Peninsula Newspaper
Zawya
04-03-2025
- Automotive
- Zawya
QIC and Alfardan Automotive sign MoU to elevate digital customer journeys
Car owners and drivers in Qatar now have the convenience to access Alfardan Automotive's services via QIC App and fulfill their vehicle-related needs at their fingertips. Doha, Qatar: Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has signed a Memorandum of Understanding (MoU) with Alfardan Automotive, distinguished by its rich legacy in representing the most prominent automotive brands, to enhance digital offerings and transform car-related services in Qatar. The agreement marks a significant step forward in revolutionizing the digital experience of car owners and drivers in Qatar, as it brings together QIC's digital leadership and Alfardan Automotive's unmatched expertise in the automotive industry and excellence in customer service, redefining convenience, and efficiency in accessing car services in Qatar. As part of this collaboration, motorists in Qatar will have the convenience to access Alfardan Automotive's services through the award-winning QIC App, and fulfill their car-related needs at their fingertips. This includes car rental options for select brands represented by Alfardan Automotive, including BMW, Mini, Land Rover, Jaguar, and many others, in addition to booking detailing services and repairs, such as mechanical and electrical repairs, vehicle check-ups, tire services, and much more at Alfardan Automotive's centers. Commenting on the new partnership, Mr. Salem Al Mannai, Group CEO of QIC, said: 'Our partnership with Alfardan Automotive paves the way to elevate the car-related digital landscape in Qatar. This is a major step within our journey towards building the region's first insurance-powered digital ecosystem, catering to the needs of everyone seeking convenient, reliable, and high-quality digital services. The QIC App is designed to be a one-stop shop for all drivers and car owners' needs in Qatar, and I am confident that bringing Alfardan Automotive's best-in-class services to further customer segments via QIC's digital channels will mark the beginning of a new era of seamless digital customer journeys in Qatar.' Dr. Ma'n Alhamawi, CEO of Alfardan Automotive, said: 'At Alfardan Automotive, we believe that digital transformation is fundamental to the future of the automotive industry. This partnership with QIC represents one of our strategic steps to enhance customer experiences by seamlessly integrating advanced technology with our premium services. Through this MoU, we aim to develop new ways for customers to interact with our automotive services, improving efficiency, convenience and setting new benchmarks for innovative digital experiences in Qatar's automotive sector. QIC App has been recognized with a series of prestigious accolades, including Mobile App of The Year in Qatar at the Insurance Asia Awards 2024, and Best Car Insurance Mobile App in Qatar at the Global Brands Magazine Awards 2024. Non-insurance services available on the QIC App are operated by Anoud Technologies LLC. For more information about QIC App and to download the application, please visit About Qatar Insurance Company Qatar Insurance Company Q.S.P.C (QIC, QIC Group) is a publicly listed insurer with a consistent performance history of 60 years and a global underwriting footprint. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader and the first digital insurance company in Qatar and a dominant insurer in the GCC and MENA regions. QIC is one of the largest insurance companies in the MENA region in terms of written premium and total assets, and is listed on the Qatar Stock Exchange. About Alfardan Automotive With a rich legacy in the luxury sector, Alfardan Group launched its Automotive division in 1996, establishing itself as a trusted partner for leading automotive brands both locally and internationally. Over the years, Alfardan Automotive has emerged as a flagship in Qatar's automotive sector, representing globally renowned brands through state-of-the-art showrooms and advanced service facilities, all while maintaining a steadfast commitment to excellence and delivering exceptional experiences tailored to its distinguished clients. Beyond its prestigious portfolio of brands, Alfardan Automotive provides luxury car rental services, premium car care, and comprehensive aftermarket solutions through its subsidiaries. Guided by innovation, quality, and exceptional service, Alfardan Automotive continues to set new benchmarks in the industry, reinforcing its leadership in Qatar's automotive market.
