Orient Insurance PJSC (Orient), a part of Al-Futtaim Group and a prominent insurance institution in the UAE, has partnered with Jebel Ali Free Zone (Jafza), DP World’s leading trade and logistics hub, to offer insurance solutions to more than 9,500 businesses and industries located in the free zone.
Under the agreement signed between Omer Elamin, Group President, Orient Insurance PJSC (Orient), and Abdulla Al Hashmi, Chief Operating Officer, Parks and Zones, DP World UAE, Orient will provide insurance solutions to tenants and occupants of Jafza through the Dubai Trade Portal.
Addressing the gathering at the Memorandum of Understanding (MoU) signing ceremony, Omer Elamin, President, of Orient Group stated: “We are delighted to partner with Jafza and provide their customers with a wider array of our insurance solutions. This will support businesses by offering adequate coverage and providing specific insurance policies tailored to the requirements set forth by the free zone. It will also empower the free zone customers with comprehensive coverage for employees, labour, capital investments, individuals, assets, and liability exposure.”
Industry sources added that Orient Insurance has over 40 years of experience in the UAE, and it offers a comprehensive suite of solutions related to commercial, technical, life, and retail. Orient has the highest rating in the region, with the highest gross written premium, equity, technical and net profit in the Emirates.
DCEO Xavier Arputharaj, CMO Fadi Awni, EVP Retail Subramoni JB, EVP Gaurav Bajaj, and VP Rajaneesh Mudavath from the Orient team, along with Ebtesam Alkaabi, Head of Sales, Jafza, were present during the agreement signing ceremony.