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What you need to know before registering a company in the UAE
Company Registration
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Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
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What you need to know before registering a company in the UAE
Company Registration
Banking Solutions in the UAE & Oman
Corporate Compliance & Reporting
Annual Corporate Maintenance Services in the UAE
Legal & Corporate Support Services
Business Acquisition & Ready-Made Companies in the UAE
Corporate Legal Services in the UAE
Business Partnerships & Joint Ventures in the UAE
Types of companies in the UAE. Types of activities
UAE Visas
Government Bodies. What Issues They Address
Types of Legal Entities
Licensing
## Partnership Announcement
Qatar Insurance Company (QIC) and Dubai-based InsurTech firm WIS Group have formalized their partnership during a signing ceremony at the Arabian Travel Market in Dubai. This collaboration aims to enhance the distribution of travel and pet insurance products across the GCC region.
## Innovative Insurance Solutions
The agreement involves the use of WIS Group's API-first platform, WISConnectz, which integrates with travel agencies, airlines, and brokers to streamline the issuance and management of insurance products. This integration allows for a more efficient market entry for travel-related protection products.
## Addressing Industry Gaps
The partnership has already demonstrated its effectiveness with the creation of TravelSecure, a product developed in response to regional airspace closures and flight suspensions. TravelSecure offers coverage for specific crisis-related events, providing travelers with necessary protection.
## Strategic Collaboration
Salem Al Mannai, Group CEO of QIC, emphasized the importance of this partnership in strengthening the travel sector's protection capabilities. Jonathan Cooper, CEO of WIS Group, highlighted the benefit for travel partners, who can now offer insurance seamlessly within their existing booking systems.
## Future Prospects
Both companies are looking towards embedded distribution as the next phase, where insurance protection is integrated directly into booking and payment processes. This approach aims to simplify the purchase of insurance for consumers, enhancing trust and convenience.
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