Provides opportunities to get preferential rates in installments

"Dubai National Insurance and Reinsurance" joins the "World Logistics Passport"

Mike Paskaran: "The joining of Dubai National Insurance Company as a partner in the initiative will enhance our efforts to facilitate trade exchange."

The World Logistics Passport (WLP) initiative announced the joining of Dubai National Insurance and Reinsurance Company as a partner in the initiative, as the joining of "Dubai National" will guarantee opportunities to obtain preferential rates in insurance premiums, and many other unique benefits for its other corporate members.

The CEO of the initiative, Mike Baskaran, said that "the Global Logistics Passport Initiative program was launched as a pilot plan in Dubai, and then accelerated strongly, and maintained its growth steadily, as the initiative network includes 20 countries and 15 partners in its center in Dubai."

Baskaran added: “We are confident that the joining of Dubai National Insurance and Reinsurance Company as a partner in the initiative will enhance our efforts aimed at facilitating the movement of global trade exchange, as our understanding of the vital scene in Dubai has allowed us to benefit from sector trends, such as the growth path witnessed by the insurance sector during this period. Critical and changing”, noting that the impact of the “Covid-19” pandemic on business communication around the world has increased the focus on the insurance sector, with the aim of reducing financial risks.

For his part, CEO of Dubai National Insurance and Reinsurance Company, Abdullah Al Nuaimi, said: “Our company is proud to be the first insurance company in the region to enter into a strategic partnership with the Global Logistics Passport initiative, as Dubai’s efforts motivated us, and this initiative deserves praise and appreciation to work on building a foundation Strong through successful partnerships.

He added, "Through our cooperation with the Global Logistics Passport Initiative, we will play our part in achieving the vision of our wise leadership, which aims to strengthen the trade sector in the region."

A step towards expansion

The Global Logistics Passport initiative is the first loyalty program aimed at increasing trade exchange opportunities between markets in the world.

The joining of Dubai National Insurance Company to the initiative represents a step towards expanding the range of offers offered to its members in Dubai, in light of the continued strong momentum gained by the insurance sector in the UAE, where the company has played a leading role in providing insurance premiums suitable for commercial and personal uses, since its establishment in 1991. As one of the first national insurance companies to be listed on the Dubai Financial Market.

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