QIC Official Insurance Sponsor of QTM 2024
Qatar Insurance Group (QIC Group, QIC), the leading insurer in Qatar and the MENA region, has announced its sponsorship of the Qatar Travel Mart (QTM) 2024, for the third time in a row, held at the Doha Exhibition and Convention Center from 25 to 27 November 2024.
QTM 2024 will feature a QIC pavilion where both visitors and travel experts can discover the company’s latest insurance products and find out how QIC contributes to the financial well-being of outbound and inbound travelers.
Commenting on this sponsorship, Mr. Salem Al Mannai, QIC Group CEO, said: “Travel and tourism are critical components of Qatar’s economic diversification strategy and are significant contributors to Qatar’s GDP. The increased economic activity creates a ripple effect, enhancing the demand for ancillary services, including insurance. Being the official insurance sponsor of QTM 2024 reflects this dynamic interplay between the travel and tourism sector and the insurance industry and our commitment to contributing to initiatives that aim to cement Qatar’s position as a major regional hub for inbound tourism.”
QIC expects demand for inbound and outbound travel to keep surging this winter, with more Qatar-based travelers opting for winter trips, and further international visitors arriving in Qatar in December 2024 and January 2025. According to QIC’s statistics, 90% of travelers who have already planned their trips during the winter peak season with a QIC policy in hand are considering vacations lasting 2 weeks or more. 65% of QIC outbound travel policyholders who have already scheduled their winter trips consider the Schengen area, with Poland, Germany and France being the trendiest destinations this season respectively.
This year, QIC has been crowned “Best Travel Insurance Company in The Middle East” for the second consecutive year at the Global Banking & Finance Review Awards 2024. This prestigious accolade comes in recognition of QIC’s outstanding performance at the levels of travel products’ digitalization and customer service excellence regionwide, offering both outbound and inbound travelers the most convenient online experiences with extensive coverages that make their trips to and from the region safe and enjoyable.
Once again QIC Group is the Official Insurance Sponsor of S’hail
Qatar Insurance Group, the leading insurer in Qatar and the MENA region is the Official Insurance Sponsor of the 6th edition of S’hail 2022 – Katara International Hunting & Falcons Exhibition. S’hail is regarded as the largest international exhibitions that specializes in exhibiting Falcons and is dedicated to preserve and promote the art of hunting and falconry.
Over the last few years, the event has made its mark in the industry as the leading destination of choice for falconry, hunting, and heritage lovers and became a dedicated platform for displaying the latest types of weapons, hunting rifles, equipment, supplies and equipment for trips, in addition to a huge selection of rare falcons highly skilled in hunting.
Commenting on the sponsorship, Mr. Ahmed Al jarboey, chief operating officer QIC, Qatar operations said, “As the leading insurer in Qatar, we have a long standing commitment to acting as a trusted and ethical partner with the Qatari community and to playing a vital role in the sustainability of Qatar’s social fabric.”
He further added, “We have ensured that the core values of our business and operating principles align with our objectives for CSR. Contribution to and participation in S’hail demonstrates our relentless efforts in highlighting the culture and traditions of the Nation. It also underpins our keenness towards maintaining and reviving the legacy of Falconry for our future generation.”
Qatar Insurance Group has long demonstrated its eagerness towards supporting activities that showcase Qatar’s rich culture and enhance the Qatari individual’s connection with his environment and heritage.
Qatar Insurance Company (QIC) is a publicly listed composite insurer with a consistent performance history of over 50 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 in Qatar and a dominant insurer in the GCC and MENA regions. QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A (Excellent) from A.M. Best. QIC is also the first & best digital insurance company in Qatar and the largest insurance company in the MENA region by gross written premium, profitability and total assets. It is listed on the Qatar Stock Exchange and has a market capitalization in excess of QAR 7.8 billion.
Once again QIC Group is the Official Insurance Sponsor of S’hail
Qatar Insurance Group, the leading insurer in Qatar and the MENA region is the Official Insurance Sponsor of S’hail 2021 – Katara International Hunting & Falcons Exhibition. S’hail is regarded as the largest international exhibitions that specializes in exhibiting Falcons and is dedicated to preserve and promote the art of hunting and falconry.
Commenting on the sponsorship, Mr. Ahmed Al jarbeoy, chief operating officer QIC, Qatar operations said, “As the leading insurer in Qatar, we have a long standing commitment to acting as a trusted and ethical partner with the Qatari community and to playing a vital role in the sustainability of Qatar’s social fabric.”
He further added, “We have ensured that the core values of our business and operating principles align with our objectives for CSR. Contribution to and participation in S’hail demonstrates our relentless efforts in highlighting the culture and traditions of the Nation. It also underpins our keenness towards maintaining and reviving the legacy of Falconry for our future generation.”
Qatar Insurance Group has long demonstrated its eagerness towards supporting activities that showcase Qatar’s rich culture and enhance the Qatari individual’s connection with his environment and heritage.