QIC Group only Mena presenter at InsurTech Connect event in US

QIC Group only Mena presenter at InsurTech Connect event in US

Qatar Insurance Group was the only presenter from the Mena region at InsurTech Connect (ITC) 2022, the world’s largest insurtech event that took place in Las Vegas, US recently.
The three-day event brought together insurance and technology industry leaders, insurtech startups and investors for an opportunity to facilitate discussion and showcase the latest industry innovations.
By being the only presenter at the event from the Mena region, Qatar Insurance Group cemented its position as a big player not only regionally but on the international stage, placing it in the best position to boost the insurtech ecosystem and to become the go-to digital insurance partner for Mena through its ‘QIC DVP (Digital Venture Partner Unit) and to define the new digital insurance execution standards through ‘QIC’s Anoud Tech’.
Moreover, among the many highlights were the participation of four of the top startups that participated in QIC’s InsurTech Mena Hackathon. Namely, ‘Avey, Today, Demogrance and Ameenleek’.
ITC 2022 offered the startups a valuable opportunity to present their ideas before an international audience, to connect with industry experts and insurtech focused VC funds.
“We are proud to be able to leverage our leadership in the insurance space and act as a gateway that facilitates the participation of regional innovation in industry events at a global scale. Given our position as the leading insurer in Qatar and the Mena region, we see thought leadership not as an aspiration but a mandate, one that is driven by a strong cooperative spirit that compels us to share expertise, offer unique guidance and encourage forward thinking,” said Salem al-Mannai, Group CEO, QIC Group commenting on the event.
Additionally, QIC participated in a panel discussion titled “Becoming a connected insurer”.
The overarching themes were that data driven propositions lead to better interactions with clients and can potentially reduce risk/claims for both parties. The second theme was around distribution, where API platforms empower insurance brokers to bundle needs and better connect with different insurance providers.
Al-Mannai continued: “QIC is proud to present at an event of this scale. As far as digitising insurance, it is evident that a momentum is brewing globally, and that QIC is the driver of that momentum regionally through our Digital Venture Partner Unit (QIC DVP)”.

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