RENEWED CALLS FOR CONSOLIDATION AT INSUREX

Insurex 2011 witnessed renewed calls for consolidation in an increasingly fragmented regional insurance market, going back to the basics of sound underwriting, adopting global best practices, increased focus on training and local involvement, harmonisation of regulation and product innovation.

IRRATIONAL PLAYERS WON’T SURVIVE FOR LONG

Dr Michael Bitzer, CEO Daman

As founding chief executive officer of National Health Insurance Company (Daman), Dr Michael Bitzer nurtured the Abu Dhabi government-owned company as the largest health insurance provider in the region.

MY DREAM IS TO SEE CONSOLIDATION

When Omer Hassan Elamin speaks on the insurance industry, he does it with much authenticity, for he has been in the industry for almost three decades.

CONSOLIDATION ONLY WAY OUT

Albert J Rodrigues, Managing Director of Millennium Insurance Brokers, is one of the leading figures in the UAE’s insurance sector. Previously he worked for General Accident Fire & Life Assurance Corporation in Dubai and Abu Dhabi for 23 years, successfully handling itsmarketing, administrative, underwriting and claims functions.

Retrograde Trend?

Doha Bank Assurance Company executive manager, Manoj Kumar, looks at the role of bancassurance in light of global restructuring.

Meeting The Challenges Of ERM

With the establishment of the Institute of Risk Management’s (IRM) first UAE chapter, Carolyn Williams, IRM head of thought leadership, discusses the benefits enterprise risk management (ERM) can bring to the region.

A Guide To Islamic Finance

Islamic insurance, or ‘takaful’, is an alternative to conventional insurance and offers a shari’a-compliant option that may also appeal to those looking for an ethically driven insurance provider.

Banking On Bahrain

Nikolaus Frei, CEO of t’azur Company b.s.c. (c), considers the Impact of the amended “Appointed Representative” rule to bancassurance models in Bahrain.

The ‘Wildcard’ Of The Region

While the political spotlight remains firmly on Iran, the long-awaited liberalisation of one of the region’s largest insurance markets appears unlikely. Although limited privatisation is taking place, the market remains illusive to foreign players