Dubai-based Expo 2020 and Orient Insurance signed a new partnership agreement aimed at developing innovative products for the insurance coverage of international joint pavilions and even unmanned aircraft as well as their activities with comprehensive insurance protection and operations required for Expo Dubai 2020.
Under the terms of the agreement, Orient Insurance Expo 2020 will be the official provider of insurance products covering Dubai, and all the activities and activities carried out on the land with special solutions to the specific needs of this global destination.
In addition, the two sides will work to develop innovative insurance solutions, which include approaching technologies such as aircraft or self-driving, to support and promote creativity and innovation in all forms of Expo 2020.
Orient Insurance, a subsidiary of Al Futtaim Family Group, a family-based family-owned company in Dubai, will serve more than 200 international participants, including multinational companies, NGOs, education and training institutions. In addition to more than 180 countries participating in this international event.
The partnership agreement was signed by 2020 Expo Executive Director Najib Mohammed Al Ali and Orient Insurance Group Chief Executive Officer Omar Al Amin.
In addition to meeting all the safety and insurance requirements of Expo 2020 participants in Dubai, innovative insurance products, especially developed for the upcoming International Fair, will increase efficiency, improve insurance rates, reduce office procedures and combat fraud for customers both in the UAE and abroad. has the potential. .
2020 Expo Director General for International Affairs Reem Al Hashemi said:
We aim to organize one of the most innovative international courses in history, so we are very pleased with our partnership with Orient Insurance. We look forward to working together to develop innovative solutions that will ensure protection and peace of mind for all participants at Expo 2020. This is the main theme of this topic, which allows us to fully focus on the most important issue about merging minds and creating the future.
Al-Futtaim Group Vice President Ömer Al-Futtaim said, olay We are proud that we will benefit from our customers in Expo 2020 Dubai and UAE and for the rest of the region for years to develop innovative insurance solutions to meet the needs of the upcoming international Expo. " said.
Providing insurance coverage for a worldwide Expo destination is undoubtedly a major task, but we are confident that we have the necessary skills and experience to provide exceptional services. The Al-Futtaim Group has been a central part of the local business community for nearly a century. Thanks to this unique partnership, we look forward to actively contributing to the country's long-term development.
In addition to providing insurance coverage for the buildings and architectural facilities that will take place in Expo 2020 Dubai, Orient Insurance, will welcome the world in UAE 2020 and will provide coverage to protect the investments of participants participating in international events.
Expo 2020 from 20 October 2020 to 10 April 2021 in Dubai. Expo 2020 Dubai's trade partners play a key role in the success of Dubai. Together with Orient Insurance, Expo 2020 collaborates with a number of first partners, Accenture, Cisco and DP World.
Emirates NBD, Etisalat, MasterCard, Nissan, PepsiCo, SAB and Siemens as well as a number of official companies as an electric company DEWA, Emaar Hospitality, ENOC and UBS and the official supplier of the Expo 2020 Dark Mater. Expo 2020 is expected to announce more partnerships in Dubai in the coming months.
Founded in 1982, Orient Insurance was established as a leading insurance company in the UAE through Standard & Poor's A & # 39; rating from AM Best to rank strong capital and robust policies. The other side's risks.
The global credit rating agency "A.M.Best" also gave a positive outlook. The company also Bahrain, Egypt, Oman, Sri Lanka, Syria and Turkey & # 39; also has been operating.