Middle East: GAIF forms partnership to promote platforms in Arab markets
Source: Middle East Insurance Review | Feb 2023
The General Arab Insurance Federation (GAIF) and Bahrain-based Fintech Robos have entered into a partnership under which they will collaborate to promote platforms boosting financial literacy, financial inclusion, pension saving systems and actuarial business in financial and economic sectors across Arab countries.
Under the agreement, GAIF will be an official active partner in the three major annual events organised by Fintech Robos in the Arab markets. These events are the Arab Pension & Social Insurance Conference, Arab Savings & Financial Literacy Conference and Arab Actuarial Conference.
The two parties will work together to enrich and expand these platforms over the coming years to increase institutional awareness within the financial industry on potential business opportunities and partnerships they will bring, as part of the continuous development of the Arab insurance markets.
GAIF secretary-general Chakib Abouzaid said in a statement, “GAIF seeks to develop the regional insurance industry and achieve economic integration between the insurance markets in the Arab world. Hence, we are very pleased to work with like-minded institutions that share these visions with us in the Arab countries. Fintech Robos is certainly a player in this space, and their platforms significantly complement the Arab financial industry and are moving in the right direction.”
Fintech Robos is a B2B fintech firm, specialising in building digital solutions for savings, investments and pensions, as well as in organising financial conferences and trade shows. M