QIC Digital Venture Partners

Strong numbers coming in for the 1st half of 2024 for QIC Group.

Qatar Insurance Company (“QIC Group”, “QIC”), the leading insurer in Qatar and the MENA region, announces a strategic restructuring of its UK motor business. This restructuring is in line with QIC Group's strategy to streamline loss-making and low margin businesses and to bring the international operations of the Group back to profitability. By successfully completing this restructuring, the Group is confident that its international business will continue reporting consistent profitability by focusing on less volatile lines of businesses. This restructuring positions the Group for a greater stability and profitability with controlled exposure to UK Motor as a reinsurer instead of direct insurer. As part of this decision, QIC Group will continue to own the Gibraltar-based subsidiaries, West Bay Insurance Plc and Markerstudy Insurance Co. Ltd. These companies will continue to service their existing customers in the normal course of business. The Group will therefore no longer classify the companies as a disposal group held for sale and discontinued operation. #QIC #AntaresGlobal #WestBayInsurance #Markerstudy

MENA Insurtech Summit 2024! Day 3 Highlights #MENAInsurtechSummit #AIinInsurance #Innovation #Insurtech

MENA Insurtech Summit 2024! Day 2 Highlights #MENAInsurtechSummit #AIinInsurance #Innovation #Insurtech

🚀 MENA Insurtech Summit 2024! 🚀 Highlights Day 1 A huge thank you to everyone who joined us for this year's summit, where we delved deep into the transformative power of hashtag #AI within the hashtag #insurance industry. Your participation and engagement made this event a resounding hashtag #success! From thought-provoking discussions to insightful panels, it's clear that hashtag #AI is reshaping the entire hashtag #insurance value chain, from hashtag #underwriting to claims processing and beyond. The opportunities are vast, and the potential for innovation knows no bounds. Thanks to our esteemed speakers and sponsors for sharing their expertise and support. Together, we're driving forward the future of hashtag #insurance, leveraging hashtag #AI to enhance efficiency, improve customer experiences, and mitigate risks. Let's continue this momentum, collaborating to unlock the full potential of hashtag #AI in hashtag #insurance. Stay tuned for more updates and opportunities to connect as we navigate this exciting journey together! #MENAInsurtechSummit #AIinInsurance #Innovation #Insurtech

🌟 Exciting Insights from ITC Asia Singapore 2024! 🌟 We are thrilled to share the video of our recent panel discussion at the InsureTech Connect ITC Asia Singapore 2024 conference. The session, titled "Connecting the Dots: Scale and Innovation through InsurTech Partnerships", brought together industry leaders to explore the future of InsurTech and its transformative potential. Speakers: 🎤 Lars Gehrmann, Group Chief Digital Officer - Qatar Insurance Group 🎤 Sasitharan Krishnan, Senior Vice President, Asia Affinity - Sompo Holdings (Asia) Pte. Ltd. 🎤 Noriyoshi Hosokawa Head of Innovation Acceleration Group - Dai-ichi Life Holdings, Inc. 🎤 Snehal Patel, Managing Director - Saena Partners 🎤 Andrew (Andy) Parton, Partner, Insurance Technology - EY 📽️ Dive into the discussion to gain valuable insights on how scale and innovation are driving the future of insurance through strategic partnerships. Don't miss the opportunity to learn from the experts! Watch the full panel discussion here: https://lnkd.in/d5EjsBKk

We are thrilled to share that the Qatar Insurance Group team had a significant presence at FINNOVEX #Qatar this year. Our participation included a dynamic panel discussion and an insightful keynote address. The keynote was "𝗜𝗻𝘀𝘂𝗿𝘁𝗲𝗰𝗵 𝗟𝗮𝗻𝗱𝘀𝗰𝗮𝗽𝗲 𝗮𝗻𝗱 𝗜𝘁𝘀 𝗜𝗺𝗽𝗮𝗰𝘁 𝗼𝗻 𝗔𝗜." and the panel discussed 𝗨𝗻𝗹𝗼𝗰𝗸𝗶𝗻𝗴 𝗔𝗜-𝗗𝗿𝗶𝘃𝗲𝗻 𝗖𝘂𝘀𝘁𝗼𝗺𝗲𝗿 𝗜𝗻𝘀𝗶𝗴𝗵𝘁𝘀: 𝗘𝗻𝗵𝗮𝗻𝗰𝗶𝗻𝗴 𝗣𝗲𝗿𝘀𝗼𝗻𝗮𝗹𝗶𝘇𝗮𝘁𝗶𝗼𝗻, 𝗘𝗻𝗴𝗮𝗴𝗲𝗺𝗲𝗻𝘁, 𝗮𝗻𝗱 𝗟𝗼𝘆𝗮𝗹𝘁𝘆 𝗶𝗻 𝗥𝗲𝘁𝗮𝗶𝗹 𝗕𝗮𝗻𝗸𝗶𝗻𝗴 𝗮𝗻𝗱 𝗜𝗻𝘀𝘂𝗿𝗮𝗻𝗰𝗲." A heartfelt thank you to the #Finnovex team for organizing such a fantastic event and for the honor of receiving an award. This recognition is a testament to our continued efforts and innovation in the financial technology sector. We look forward to more opportunities to connect, share insights, and drive the future of fintech forward. Thank you to everyone who supported us and made this event memorable. Lars Gehrmann Ruba Hasan Alibek Tnaliyev #FinnovexQatar #QICTeam #Fintech #Innovation #Award

🌟 It was wonderful meeting Gabriel Lazaro at #ITC Asia! 🌟 Chubb also joined us at the #MENAInsurtechSummit in May 2024. Their team, particularly Gabriel Lazaro , brought a wealth of knowledge and expertise, greatly enriching our audience's experience. A big thank you to the Chubb team and especially to Gabriel Lazaro for their invaluable contributions. Your insights and dedication to advancing the #insurtech industry are truly appreciated. Looking forward to more collaborations in the future! 🚀 #ITCAsia #MENAInsurtechSummit #Insurtech #Chubb #Networking #IndustryLeaders

We are thrilled to have had #Google join us at the #MENAInsurtechSummit and to to had joined them in their #GoogleCloudSummit. Our session on #AI use cases was incredibly #insightful and #inspiring. It was a pleasure discussing how #AI can transform the #insurtech landscape and drive #innovation in the industry. We look forward to continuing our collaboration with #Google and exploring new opportunities together. Qatar Insurance Group Lars Gehrmann Masraf Al Rayan Qatar Post #MENAInsurtech #GoogleCloud #AI #Innovation #Collaboration #Insurtech

MENA Insurtech Summit 2024 Concludes with Success! The #MENAInsurtechSummit 2024, the premier event for #insurance and #insurtech stakeholders in the #MENA, concluded on a high note, yesterday, on 13 May in Doha, Qatar. Powered by Qatar Insurance Group QIC Digital Venture Partners , the leading #insurer in #Qatar and the #MENA region, and partners, the three-day #summit, which was held under the theme ‘#AI Impact on the #InsuranceValueChain’, brought together 1,500 participants including 120 speakers, 40 insurance companies, 40 investors, 50 insurtechs, and an assembly of #experts, #entrepreneurs, #regulators and #technology partners from across the #region and beyond to explore the latest trends and opportunities in the region's fast-growing #insurtech ecosystem.