QIC’s Digital Ecosystem Named Initiative of the Year in Qatar at the Insurance Asia Awards
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has been awarded the “Digital Insurance Initiative of the Year in Qatar” title at the Insurance Asia Awards 2026.
This accolade recognizes QIC’s success in expanding its digital ecosystem, which stands as the MENA region’s first ecosystem to offer both insurance products and everyday lifestyle services through a single interface.
This year, QIC significantly scaled its ecosystem to cover a wider range of daily needs, incorporating an integrated car marketplace, vehicle care solutions, hotel and event bookings, loyalty rewards and more. Alongside this growth, QIC broadened its network of partners and service providers within its ecosystem, giving customers more choices and experiences tailored to their needs.
Consequently, QIC’s digital ecosystem has emerged as one of the region’s fastest-growing financial services platforms in terms of both user base and service offerings, and now ranks among the highest-rated platforms with an outstanding 4.8 score on both App Store and Google Play.
Commenting on this milestone, Mr. Salem Al Mannai, Group CEO of QIC, stated: “We are honored to have our ecosystem recognized among the best digital initiatives within the Asian insurance sector. This recognition is a strong testament to the success of our strategy and our ongoing efforts to elevate our customers’ experiences by investing in best-in-class digital solutions, and a reaffirmation of QIC’s position as an innovation hub in the region.”
Al Mannai added: “Establishing the MENA region’s first digital ecosystem integrating insurance and lifestyle services is a direct extension of our commitment to the Qatar National Vision 2030 and Qatar Central Bank’s Third Financial Sector Strategic Plan. This commitment continues to drive our ambition to redefine digital services and deliver seamless solutions built on efficiency and convenience.”
Insurance Asia is a Singapore-based magazine specializing in the insurance sector and is widely recognized for its comprehensive coverage of industry news and analysis, as well as exclusive interviews with key decision-makers. Its Insurance Asia Awards are among the continent’s most prestigious industry programs, celebrating companies that have achieved exceptional milestones and driven innovation, setting new benchmarks for excellence across Asia. Winners are selected by an independent judging panel of international experts in digital transformation, financial advisory, and auditing, ensuring transparency and objectivity.
QIC Rolls Out First AI Internship Program for University Students
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has announced the launch of its inaugural AI summer internship program for university students, introduced as part of the company’s commitment to nurturing national talent and equipping the next generation with advanced capabilities in one of the fastest-growing and most transformative tech disciplines.
Following a highly competitive selection process involving hundreds of applications, students were admitted to the program based on their academic achievements, the strength of their internship project proposals, and their performance in interviews with the admissions committee. Over the next eight weeks, the interns representing four universities will participate in intensive training sessions on agentic AI tools and vibe coding, led by expert mentors from across QIC’s business units. They will also have the opportunity to translate their ideas into functional solutions using these AI approaches.
Upon the program’s completion, high-potential projects will be evaluated and selected for user testing within QIC’s digital ecosystem. The most impactful solutions may be further developed and integrated into QIC’s platforms as live services, supporting the company’s strategy to expand its tech offerings across local and regional markets.
Commenting on the initiative, Mr. Salem Al Mannai, Group CEO of QIC, said: “We take pride in QIC’s position as a national leader in developing and delivering AI-driven solutions, and in our success in leveraging these technologies to establish the MENA’s first all-in-one digital ecosystem integrating insurance with everyday lifestyle services. One of the most critical needs in the regional AI landscape is the adoption of approaches tailored to the unique characteristics of our region and its markets, rather than simply following global trends. This will be a central focus throughout the program, as we leverage our expertise to empower a new generation of changemakers for the evolving digital services landscape.”
He added: “I wish all participating students a productive journey with us this summer, and I am confident that this program will serve as a formative launchpad for their professional careers, equipping them with the foundations to become future leaders who can strengthen Qatar’s position as a regional hub for AI innovation.”
As a first-of-its-kind initiative within the insurance sector in the region, the program is a direct extension of QIC’s digital and AI strategy, which leverages artificial intelligence to enhance customer experience while driving operational efficiency. With AI adoption accelerating across the financial and broader business sectors, QIC has established dedicated internal research and development units focused on building proprietary AI solutions tailored to its operational needs and growth plans. As a result, QIC now delivers personalized customer experiences with significantly faster turnaround times. This shift to AI-powered processes has also accelerated the launch of new digital solutions within QIC’s ecosystem, which has become one of Qatar’s fastest-growing digital ecosystems in terms of both user base and service offerings.
QIC Expands Its Digital Ecosystem with New Travel Solutions
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has announced the launch of new travel-related features on its QIC App, further enhancing the digital experience for travelers to and from Qatar with extra convenience and ease.
As part of this update, QIC customers can now convert their loyalty Coins into Avios, the loyalty rewards currency of Qatar Airways Privilege Club, through QIC App. The converted points can be redeemed across a wide range of travel services, including flight bookings, travel class upgrades, and purchases at Qatar Duty Free, with access to a global network spanning more than 150 destinations with Qatar Airways and its partners.
Furthermore, customers can use their Coins to partially pay for their outbound travel insurance premiums. By combining Coins with other electronic payment options available on QIC App, travelers benefit from greater flexibility and choice in securing suitable coverage, bringing peace of mind while traveling abroad.
Commenting on these enhancements, Mr. Salem Al Mannai, Group CEO of QIC, said: “One of the main characteristics of our digital strategy over the past few years has been evolving from focusing exclusively on core insurance products to expanding into non-insurance digital services for everyday life. The enhancements that we are announcing today reflect this vision and our ongoing efforts to offer travelers a comprehensive set of services that help them travel better with our all-in-one digital ecosystem.”
To make travel smoother, QIC has launched the Hotels feature through QIC App, eliminating the need to navigate multiple platforms and providing a streamlined experience that combines ease of use with competitive rates. In partnership with leading service providers and top hospitality venues, the service offers a wide range of options and deals to suit every budget, all while maintaining high standards of service and hospitality.
Further expanding its digital travel offering, QIC has also launched the Calendar feature on its mobile application; an all-in-one gateway that lets visitors and residents of Qatar browse events taking place throughout the year. The feature makes it easy for travelers to plan a more exciting stay by exploring events taking place during their time in Doha, and selecting those of interest through a single interface.
To improve the experience of international visitors, QIC has partnered with Ooredoo to offer complimentary eSIMs to all travelers who purchase Mandatory Visitors’ Health Insurance through QIC’s digital platforms. Upon completing their purchase, customers receive a dedicated activation link that enables them to download and set up their eSIM before arriving in Qatar, ensuring seamless connectivity and easy communication with family and friends.
Al Mannai added: “QIC is committed to continuously redefining digital services at both local and regional levels. We look forward to further enhancing our platform with innovative offerings that elevate the user journey, empowering customers with greater control over their daily lives and delivering a truly digital experience defined by efficiency and convenience.”
It is worth noting that QIC provides a wide range of insurance packages covering global destinations. These include the “Worldwide Travel” package, which covers medical emergencies, flight delays, baggage and passport loss around the world, including the United States and Canada. For travelers heading to Schengen countries, QIC provides the “Fly Europe” package (Schengen Visa Travel Insurance), which includes medical coverage of up to USD 50,000, making it a compliant and widely accepted option for visa requirements.
International visitors traveling to Qatar are offered the fastest platform to obtain a mandatory health insurance policy in less than two minutes, with premiums starting from QAR 50, providing financial protection against emergency medical expenses during their stay.
QIC Retains Position in Top 10 Strongest Qatari Brands Ranking by Brand Finance
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has retained its position among Qatar’s strongest brands, once again securing a place in Brand Finance’s 2026 ranking of the Top 10 Most Valuable and Strongest Qatari Brands. QIC also remains the only insurer included in this prestigious ranking, further reinforcing its leadership position within the industry.
Brand Finance has upgraded QIC’s brand rating to AA- up from A- in the previous year’s report, reflecting the company’s sustained growth and strong performance over the past 12 months. The global brand valuation consultancy attributed this improvement to QIC’s strong underwriting performance, disciplined portfolio management, growth across its core regional and international markets, as well as its continued focus on digital innovation and ESG leadership.
Commenting on this achievement, Mr. Salem Al Mannai, Group CEO of QIC, said, “We are proud to be recognised once again among Qatar’s top 10 strongest and most valuable brands. This achievement underscores QIC’s pivotal role within the national economy and reflects our success in reinforcing our position as a national champion that combines growth and digital innovation with a transformative approach to ESG leadership.”
Al Mannai added, “Since its founding in 1964, QIC has built an enduring legacy of trust and credibility, establishing itself as one of the most deeply rooted and widely respected brands across all segments of society in Qatar, and among the most trusted entities across the broader region. Building on this legacy, QIC remains committed to being a model national company that places customers and their experiences at the centre of everything it does, while continuously investing in best-in-class digital services and innovative insurance solutions that enable our customers to live with greater confidence and peace of mind.”
Brand Finance rankings are published annually and highlight the strongest brands across regions and global markets. The rankings are based on a comprehensive analytical framework that assesses financial performance, sustainability, market impact, as well as stakeholder perceptions and customer behaviour toward brands.
Earlier this year, QIC was named “Insurer of the Year” in the region at the MENA II Awards. The company was also awarded “Motor Insurer of the Year” in the region, and “Insurer of the Year” in Qatar for the fifth consecutive year. In addition, QIC was recognised as “Digital Insurer of the Year in Qatar” and received the “Best Insurance App in Qatar” title at The Asset Triple A Digital Finance Awards.
QIC reports 6% growth in Net Profit to QAR 217 million in Q1 2026
Qatar Insurance (QIC) the leading insurer in Qatar and the Middle East and North Africa (MENA) region, today reported a Net Profit of QAR 217 million for the first quarter of 2026, a change of 6% from QAR 205 million for the same period in 2025. Following a meeting of the Board of Directors dated 30 April 2026, which was presided over by Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, Chairman of QIC Group, the Board approved the financial results.
Sheikh Hamad bin Faisal Al Thani, Chairman of QIC Group, stated: “QIC’s financial results in Q1 2026 confirm the resilience of QIC and its strategic direction. In a turbulent first quarter marked by the conflict in the Middle East and the closure of the Strait of Hormuz. QIC’s underwriting portfolio continued to generate consistent, stable and reliable returns due to the QIC’s robust diversification strategy of balancing our strong growth business generated in Qatar and the MENA region, with income from our international operations and our investment portfolio, which once again provided a strong contribution to QIC’s results in highly volatile financial markets. Our operations, particularly in Qatar and the MENA region, once again successfully served our policyholders, uninterrupted, in a challenging environment, benefiting from our advanced digital transformation and ecosystems. In addition, AM Best and Standard & Poor’s both affirmed their A- financial strengths ratings for QIC with stable outlook, emphasising the strength of QIC’s balance sheet and our well-diversified business profile.”
Mr. Salem Al Mannai, Chief Executive Officer of QIC Group, said, “While the year started promising with declining inflation and strengthening growth, the open conflict between the USA, Israel and Iran and the closure of the Strait of Hormuz reversed these developments, severely affecting and threatening peoples’ life and business across the MENA region, Qatar, as well as the global economy.”
Mr. Mannai added, “Despite this challenging first quarter, QIC further expanded its products and services in Qatar, the MENA region with our presence in Dubai, Oman and Kuwait, and internationally through our Antares Lloyds Syndicate along with operations in Bermuda, Europe and Asia Pacific. Whilst already benefiting from our regional spread, we further built our diversification and strengthened our resilience through a well-balanced product portfolio, generating attractive growth and returns with our personal non-life, life and medical book, and our commercial lines business in Qatar and the MENA region , and internationally in marine and other speciality lines through our reinsurance book. QIC further strengthened its investments in technology, particularly during this period of uncertainty and disruption. Our pioneering role in insurtech and fintech, along with our award-winning app for motorists, has proven invaluable in maintaining seamless services for our customers.”
Mr. Mannai continued: “In Q1 2026, QIC has again been recognised as Insurer of the Year in Qatar by the prestigious MENA II Awards. In addition, QIC has been named “Digital Insurer of the Year in Qatar” and received the award for the “Best Insurance App in Qatar” at The Asset Triple A Digital Finance Awards 2026, applauding our efforts to transform the insurance and digital services landscape in Qatar and for launching our all-in-one digital ecosystem, which offers insurance and non-insurance services on a single platform.”
Underwriting portfolio delivers resilient growth
A challenging first quarter required a revision of our assumptions for 2026. Following the outbreak of conflict in the Middle East and the disruption of trade flows and energy supply due to the closure of the Strait of Hormuz, volatility increased once again, with growth expected to slow and inflation projected to rise. According to the IMF’s April 2026 projections, the MENA region is forecast to grow by 1.4% in 2026, down from the 3.7% growth expected for the full year as of October 2025. At the same time, inflation is expected to increase again, although its impact across the MENA region varies significantly, with oil and LNG-exporting countries experiencing a more limited effect compared to oil and LNG-importing economies, where the impact is expected to be more severe.
The global insurance markets started 2026 on a positive note. Competitive pressure intensified further in both the primary insurance and reinsurance markets, as well as in retrocession, with risk capacity widely available following the hard market years marked by tighter conditions and lower-than-average losses from natural catastrophes in 2025. QIC benefited from these market conditions in both international and regional markets. In personal and commercial insurance, QIC experienced improved reinsurance pricing and more flexible terms, while in reinsurance and international markets, the low loss environment and the favorable conditions established in prior years supported sustainable margins into 2026.
In the second part of Q1 2026, the market conditions changed dramatically with the onset of the Middle East conflict. Across the region, demand weakened, first affecting highly exposed specialty lines, including marine and aviation, as well as tourism-related activities. In addition, consumption is also seen to contract in motor insurance and some property lines as consumers cut back on spending. Despite the ongoing challenges, overall in Q1 2026, QIC generated 56% of QIC’s GWPs in its domestic and MENA operations, with 44% stemming from its international business.
QIC continues to pursue its priorities of strategically enhancing its current well balanced and diversified risk profile with disciplined growth coupled with strong underwriting performance in select lines of business. With a digital edge over its peers, QIC continues to invest in and expand its award-winning personal lines business in the MENA region. This segment also demonstrated its robustness during the first quarter, as consumers reduced their movements and increasingly relied on the fully digitized ecosystem offered by QIC’s all-in-one app.
For Q1 2026 QIC reported an Insurance Service Result of QAR 130 million, a significant increase of 70% year-on-year.
QIC retains a solid investment performance despite elevated volatility
QIC’s well diversified investment portfolio again proved its merits and resilience in Q1 2026. In an exceptionally volatile market environment, QIC’s high-quality book generated solid investment income of QAR 238 million, compared to QAR 216 million for the period in the prior year. The Return on Investment for Q1 2026 came in at 5.3%, compared to 4.9% in Q1 2025. The book, which is mainly composed of a stable and conservative combination of bonds, cash, equities and real estate, amounted to Assets under Management of QAR 18 billion on 31 March 2026, up from QAR 17.7 billion at the end of Q1 2025.
Strong earnings
QIC achieved a Net Profit for Q1 2026 of QAR 217 million, representing a 6% year-on-year increase. Net Profit Attributable to Shareholders of the Parent amounted to QAR 205 million. Earnings per Share for the period were QAR 0.030.
Financial strength ratings and outlook reconfirmed
On 29 January 2026, and 25 March 2026, respectively, AM Best and S&P Global Ratings affirmed QIC’s A- financial strength rating, with stable outlooks.
Advancing the future of digital services at the Web Summit Qatar 2026
From 1 to 4 February 2026, QIC’s Diamond Sponsorship of the Web Summit Qatar 2026 attracted a record number of tech leaders to its pavilion and generating significant interest in its vision for the future of digital services in the region. Participating for the third time in the largest global tech event hosted in Doha, tens of thousands of visitors explored QIC’s strategy to establish the region’s first insurance-powered digital ecosystem and learned about the company’s evolution from a leading insurer into a fully integrated digital ecosystem for everyday life.
QIC’s pavilion hosted more than 20 seminars and panel discussions featuring 50 speakers, including company executives and leading regional and global experts. The sessions highlighted current and future trends in innovation and investment in digital services in Qatar, the MENA region, and globally. During the Summit, QIC signed 14 strategic agreements and memoranda of understanding with prominent national and international corporations. These partnerships focused on accelerating the adoption of AI-powered solutions across financial institutions in Qatar, leveraging QIC’s expertise in developing new FinTech and InsurTech solutions, and fostering national talent in these fields.
Underscoring resilience at the 2026 Energy Summit
Also in February, QIC supported as Diamond Sponsor the 2026 Marsh Energy Industry Summit, held under the theme “Resilience in a Volatile World,” in Doha, convening senior leaders from across the energy value chain, alongside experts in insurance, risk advisory, and strategic consulting from Qatar and the wider region. The summit provided a high-level platform to examine the structural shifts reshaping the global energy landscape — from geopolitical realignments and macroeconomic uncertainty to cyber threats, supply chain vulnerabilities, and accelerating technological transformation.
In his keynote opening address, H.E. Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, Chairman of Qatar Insurance, emphasized that volatility is no longer cyclical but structural, requiring institutions to embed resilience at the core of strategy, governance, and capital allocation. His Excellency highlighted that resilience today is not reactive, but deliberate, built on long-term planning, cross-sector integration, and trust among market participants and called for deeper collaboration among energy leaders, policymakers, financial institutions, insurers, and technology partners to collectively address systemic risks and reinforce investor confidence in an increasingly complex global environment.
Outstanding accomplishments honoured
In Q1 2026 the string of awards recognising QIC for its outstanding accomplishments continued. For the fifth consecutive year, QIC was crowned “Insurer of the Year” in the region by the prestigious MENA II Awards, organised by the Intelligent Insurer. In addition, the company was acknowledged “Motor Insurer of the Year” in the region. The awards are testament to the success of QIC’s strategy, the uniqueness of its vision, and its leadership position as an innovation hub in the region. Moreover, they highlight QIC’s leading role in reshaping the insurance landscape across the MENA region.
Also, in Q1 2026 QIC received the accolade as “Digital Insurer of the Year in Qatar” and as “Best Insurance App in Qatar” at The Asset Triple A Digital Finance Awards 2026, recognising QIC’s achievements in redefining the insurance and digital services landscape in Qatar, by building the first all-in-one digital ecosystem that combines both insurance and non-insurance daily services on a single platform.
Supporting popular motor sports
QIC was honoured to sponsor this year’s Toyota GR Yaris Cup Qatar, the car racing championship organized by Al Abdulghani Motors, which took place from 30 January to 18 April at Lusail International Circuit. Conducted over four thrilling rounds, QIC joined the championship with its own branded car, driven by Qatari racing driver Khalid Al Maraghi, the car featured QIC App branding elements and bore the number 1, reflecting the app’s pioneering position as Qatar’s first platform offering both insurance and non-insurance services, enabling customers to cover a wide range of their daily needs digitally on a single interface.
QIC Wins “Digital Insurer of the Year” and “Best Insurance App” in Qatar Accolades at The Asset Triple A Digital Finance Awards 2026
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has been named “Digital Insurer of the Year in Qatar” and “Best Insurance App in Qatar” at The Asset Triple A Digital Finance Awards 2026.
This recognition highlights QIC’s key role in redefining the insurance and digital services landscape in Qatar, by building the first all-in-one digital ecosystem that combines both insurance and non-insurance daily services on a single platform.
Commenting on this achievement, Mr. Salem Al Mannai, Group CEO of QIC, said: “Winning these two prestigious accolades underscores the excellence of our digital strategy and our success in developing a fully integrated ecosystem that extends beyond insurance, supporting multiple facets of everyday life. QIC App has become one of the fastest-growing digital platforms in Qatar and an integral part of many customers’ daily lives, particularly following our success in recent months in doubling the number of features and services available, making it more responsive to users’ needs. QIC remains committed to continuously investing in the design and launch of innovative solutions, and we aspire to remain at the forefront of delivering solutions that meet customer needs and enhance the quality of digital services both locally and regionally.”
QIC App is Qatar’s first and only 360-degree platform offering both insurance and non-insurance services, enabling customers to manage a wide range of daily needs digitally through a single interface. Launched in line with QIC’s vision to build the region’s first insurance-powered digital ecosystem, the app represents a major shift in Qatar’s insurance and digital landscapes by transforming traditional insurance services into a seamless, comprehensive digital journey tailored to users’ needs.
The app’s innovation and impact have been recognized with multiple prestigious accolades, including The Innovators Award by Global Finance in 2025. QIC App was also named Most Innovative Mobile App in Qatar at the Middle East Technology Excellence Awards 2025, Best Insurance App in Qatar at the Global Brands Magazine Awards 2025, and Mobile App of the Year in Qatar at the Insurance Asia Awards 2024.
The Asset is a widely recognized business news and research organization, providing independent coverage of Asia’s financial industry. Recognized as one of the most esteemed awards programs in the financial sector, The Asset Triple A Awards have, for more than 25 years, set the benchmark for excellence and leadership, and are renowned for their strict and meticulous judging process in selecting winners across all categories.
QIC Sponsors the 2026 Energy Industry Summit in Doha, Underscoring Resilience as a Strategic Imperative in a Volatile World
The 2026 Marsh Energy Industry Summit, held under the theme “Resilience in a Volatile World,” concluded on 11th of February at Marsa Malaz Kempinski, The Pearl, Doha, convening senior leaders from across the energy value chain, alongside experts in insurance, risk advisory, and strategic consulting from Qatar and the wider region.
Held with Qatar Insurance (QIC) as Diamond Sponsor, the summit provided a high-level platform to examine the structural shifts reshaping the global energy landscape — from geopolitical realignments and macroeconomic uncertainty to cyber threats, supply chain vulnerabilities, and accelerating technological transformation.
Leadership Perspective on Resilience
The summit opened with a keynote address by H.E. Sheikh Hamad bin Faisal bin Thani Jasim Al Thani, Chairman of Qatar Insurance, who emphasized that volatility is no longer cyclical but structural — requiring institutions to embed resilience at the core of strategy, governance, and capital allocation.
His Excellency highlighted that resilience today is not reactive, but deliberate — built on long-term planning, cross-sector integration, and trust among market participants. He underscored the critical role of the insurance industry at the intersection of risk, capital, and growth, enabling stability, protecting balance sheets, and facilitating sustained investment in strategic sectors such as energy.
He further called for deeper collaboration among energy leaders, policymakers, financial institutions, insurers, and technology partners to collectively address systemic risks and reinforce investor confidence in an increasingly complex global environment.
Addressing Today’s Most Pressing Energy Risks
The summit’s agenda focused on actionable insights and forward-looking strategies, covering:
Regional geopolitical risk dynamics and global macroeconomic trends
Emerging and evolving risks shaping 2026 and beyond
Enhancing supply chain resilience through advanced data and analytics
Human capital priorities within the energy and natural resources sector
Developments and underwriting trends in the energy insurance market
Cyber risk management in an era of escalating digital exposure
As Diamond Sponsor, QIC delivered a strategic presentation outlining its digital transformation roadmap and the role of innovation in designing advanced insurance solutions tailored to the evolving risk profile of the energy sector.
A high-level market panel featuring senior executives from leading global insurers provided additional insight into underwriting discipline, capacity dynamics, and emerging opportunities across regional energy markets.
A Competitive Imperative for the Future The summit concluded with a clear and consistent message: resilience is no longer a theoretical construct — it is a competitive and strategic imperative. In an era defined by uncertainty, organizations that proactively strengthen risk frameworks, enhance adaptability, and foster collaboration will be best positioned to ensure business continuity and long-term sector stability.
QIC Concludes Successful Web Summit Participation
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, successfully concluded its participation as Diamond Sponsor at Web Summit Qatar 2026, attracting a record number of tech leaders to its pavilion and generating significant interest in its vision for the future of digital services in the region.
Over the four-day event, tens of thousands of visitors explored QIC’s strategy to establish the region’s first insurance-powered digital ecosystem and learned about the company’s evolution from a leading insurer into a fully integrated digital ecosystem for everyday life.
QIC’s pavilion hosted more than 20 seminars and panel discussions featuring 50 speakers, including company executives and leading regional and global experts. The sessions highlighted current and future trends in innovation and investment in digital services in Qatar, the MENA region, and globally.
During the Summit, QIC signed 14 strategic agreements and memoranda of understanding with prominent national and international corporations. These partnerships focused on accelerating the adoption of AI-powered solutions across financial institutions in Qatar, leveraging QIC’s expertise in developing new FinTech and InsurTech solutions, and fostering national talent in these fields. The entities with which QIC signed these agreements include Qatar Financial Centre, Ooredoo Group, and Google Cloud, as well as Al Dar Exchange, the University of Doha for Science and Technology, Wellx, and other local, regional, and international partners.
QIC also offered numerous Qatari startups and entrepreneurs the opportunity to present their innovative projects during a Demo Day event. Following this, the most promising projects were offered collaboration opportunities to further develop their ideas within QIC’s digital ecosystem, benefiting from the company’s expertise in creating impactful products and expanding into local and regional markets.
Commenting on the successful participation, Mr. Salem Al Mannai, Group CEO of QIC, said: “Our presence at this year’s Web Summit was larger than ever and provided inspiring insights for the global tech community, as we presented a fresh vision for the future of digital services in Qatar and the region, aligned with Qatar National Vision 2030 and QCB’s Third Financial Sector Strategic Plan. The record turnout and strong interest from thousands of visitors reflected the value we delivered as a Diamond Sponsor of the Summit. We are proud to have contributed to the success of the world’s largest tech event hosted in Doha and look forward to continuing our role in cementing Qatar’s position as a regional hub for innovation and showcasing the unique Qatari digital model on the global stage.”
QIC Returns to Web Summit Qatar 2026 as Diamond Sponsor, Advancing the Future of Digital Services
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has announced its participation as a Diamond Sponsor in Web Summit Qatar 2026, taking place from 1 to 4 February at the Doha Exhibition and Convention Center.
Marking its third participation in the largest global tech event hosted in Doha, QIC will showcase its journey to build the region’s first insurance-powered digital ecosystem. The participation will also highlight the company’s transition from being primarily an insurance provider to becoming a fully integrated ecosystem, and how this shift has redefined digital services in Qatar.
QIC’s presence will feature a dedicated pavilion, serving as an open platform for the global tech community to discover the latest trends in the digital sector, and explore the dynamics shaping the innovation and InsurTech landscapes across the Middle East and North Africa. The QIC pavilion will host seminars and panel discussions led by the company’s executives alongside regional and global experts, shedding light on the present and future of innovation and investment in digital services across the region and worldwide.
On the sidelines of the Summit, QIC will sign several agreements and memoranda of understanding with leading organizations, as part of the company’s commitment to leveraging its expertise to enhance digital services in Qatar while delivering efficient and convenient experiences to all users.
Commenting on the participation, Mr. Salem Al Mannai, Group CEO of QIC, said, “QIC is proud to be a national leader in innovation, and the region’s most successful insurer in developing digital solutions that enhance customer journeys and improve operational efficiency at the same time.”
He added: “One of the defining aspects of our digital strategy in recent years, in line with the Qatar National Vision 2030 and QCB’s Third Financial Sector Strategic Plan, has been our shift from predominantly developing insurance products to building our own digital ecosystem that also covers the non-insurance needs of individuals. Thanks to this approach, we are now the only insurer in the market providing a single-platform experience for customers to manage most of their daily requirements without navigating multiple digital environments.”
“QIC has become a true benchmark in effectively investing in digital services and accurately understanding and responding to customers’ needs. Accordingly, we look forward to sharing our digital vision and experience with all participants and visitors, and to once again contributing as a Diamond Sponsor to the success of the Summit while showcasing Qatar’s digital model to the entire world,” Al Mannai concluded.
QIC Sponsors Toyota GR Yaris Cup 2026
Qatar Insurance (QIC), the leading insurer in Qatar and the MENA region, has announced its sponsorship of the Toyota GR Yaris Cup Qatar 2026, the car racing championship organized by Al Abdulghani Motors and scheduled from 30 January to 18 April at Lusail International Circuit.
The championship’s second edition will be contested over four thrilling rounds, beginning with the opening phase on 30–31 January. The second round will take place on 12–13 February, while the third one will be held on 27–28 February. The season will conclude with the fourth and final round on 17–18 April, with the fans witnessing the crowning of this year’s champion.
As part of this sponsorship, QIC unveiled its branded car for the championship, which will be competing for the 2026 title, driven by Qatari racing driver Khalid Al Maraghi. The car features QIC App branding elements and bears the number 1, reflecting the app’s pioneering position as Qatar’s first platform offering both insurance and non-insurance services, enabling customers to cover a wide range of their daily needs digitally on a single interface.
Commenting on the initiative, Mr. Rashid Al-Buainain, QIC’s Chief Administrative Officer, said: “Our sponsorship of the competition reflects QIC’s longstanding commitment to supporting the development of the national sports scene, including motorsports that enjoy strong popularity across the community. We have consistently been at the forefront of national companies supporting sports and athletes in Qatar, and we are proud of being part of the success of numerous championships over the past decades.”
Al-Buainain added: “The Toyota GR Yaris Cup Qatar is more than a racing tournament. It is a unique platform that promotes sportsmanship and fair competition among youth, while inspiring ambition, dedication, and the pursuit of excellence. On this basis, I am confident that this year’s edition will once again be a true source of inspiration for fans, and a chance for motorsport enthusiasts to experience excitement, challenge, and speed.”