News Middle East22 Aug 2019

UAE:Partnership formed to elevate insurance qualifications

| 22 Aug 2019

NADIA Global, one of the UAE's leading providers of recruitment, training and HR solutions, has signed an exclusive memorandum of understanding (MoU) with India's largest insurance certification organisation, the Insurance Institute of India (III).

This agreement marks the first time that the III has brought their widely sought-after certifications to the Middle East, utilising NADIA Global’s vast experience in the region to reach the UAE’s insurance market.

The first III online exams in the UAE will be conducted on 30-31 August and 6-7 September 2019.

The competitively priced certifications will empower greater credibility in the sector and improve the quality of interactions between insurers and their customers, NADIA Global says in a statement.

The partnership with III is forged after the UAE Insurance Authority, in a draft circular, said that insurance professionals must undertake a minimum of 10 hours of training before they are able to interact with customers.

Mr Deepak Ahuja, CEO of NADIA Global, said, “The UAE insurance landscape is becoming increasingly competitive, not only for the companies involved in the sector but also for the employees who work for these firms. That is why we are working with the Insurance Institute of India, to enhance the employment potential of insurance professionals by bringing some of the world’s most credible certifications to the market. Eventually this will help the overall UAE insurance industry and also improve the experience of consumers, the buyers of insurance products.”

A spokesperson from the Insurance Institute of India said, “We will be working hand-in-hand with NADIA Global to bring training, seminars and examinations to the UAE market in order to support existing insurance business regulations and enhance the provision of training and certification locally.”

NADIA Global believes that there will be more competition for jobs in the insurance sector, leading to a greater demand in certifications over the coming years.

Established in 1983, NADIA Global provides recruitment and training services in the UAE, GCC and Middle East and has been instrumental in shaping human capital and talent development in the region for over 35 years.

The Insurance Institute of India was founded in the 1955, for the purpose of promoting insurance education & training in the country.

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