Personal Accident Dubai by Watania

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  • 4th Floor, Building No 4, Office No 414, Emaar Business Park, Sheikh Zayed Road, Dubai, United Arab Emirates
  • +97144275900
  • info@watania.ae
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Personal Accident in Dubai UAE – Watania Contact Details, Telephone Numbers, Website, Address, Location Map, Direction, Photos, Videos, Opening Hours, Email Address, Sale Promotions, Offers & Deals.

Watania

Address: 4th Floor, Building No 4, Office No 414, Emaar Business Park, Sheikh Zayed Road, Dubai, United Arab Emirates
Tel: +97144275900
Fax: +97144508366
Email: info@watania.ae
Website: www.watania.ae

Personal Accident Dubai by Watania

Personal Accident Dubai by Watania – Accidents can have traumatic impact on the individual and the entire family. The impact of the accident is on multiple fronts – emotional, physical and financial. During such a situation, the individual and his family are required to act swiftly under tough crisis situations. The product is designed to reduce the impact of the incident and will provide comprehensive benefits under Permanent Total Disablement and Permanent Partial Disablement.

Upon the request of the insured, a Motor Comprehensive or Third Party policy can be supplemented with a Personal Accident cover for additional premium to cover the death or disabilities of the insured and/or family members of the insured and/or the driver and/or individuals working for the insured who are in direct connection with the covered motor vehicle while mounting into, dismounting from or traveling in the insured car at the time of the accident.

This policy covers accidental death or disablement to the insured, family members or driver within the Geographical Limits that are specified in the policy schedule.

Watania

Watania – National Takaful Company (Watania) is a young and dynamic organization that came into being in2011. Watania was issued a license by the UAE Insurance Authority on the 12th of July, 2011 and was listed on the ADX on the 14th of November, 2011.

Watania has a paid-up capital of AED150 m and its head office is in Abu Dhabi, United Arab Emirates.

Watania is an initiative taken by Abu Dhabi National Insurance Company (ADNIC) (16%), Abu Dhabi National Islamic Finance (ADNIF) (16%), Abu Dhabi National Energy Company (TAQA) (7%), and Aldar Properties (7%). Their objective was to establish a leading takaful operator in the UAE which could meet the demand of the UAE market for Sharia compliant insurance products.

Watania floated its stocks for an IPO on the 18th of April 2011 with issue oversubscribed nearly 7times. After the allotment process, Ajman Bank (16%) and Qatar First Development Bank (10%) joined the ranks of the founding shareholders.

Watania started underwriting risks on 14th of November, 2011.

In August 2014 there was a major change in the shareholding structure of Watania whereby MB Investment UAE and Madina Takaful Oman acquired a majority 60% stake in the company from existing shareholders.

Current major shareholders are MB Investment UAE (51%), ADNIF (15.74%), Madina Takaful, Oman (9.54%) and Bin Harmal (8.37%).

Vision
To become the leading General Takaful Operator of choice by delivering world-class Takaful solutions for the protection of all stakeholders.

Mission
Promote General Takaful awareness in the community and ensure policyholders’ satisfaction by offering quality products and services. Deliver optimum returns to the shareholders by adhering to best practices in all aspects of our operations, and abiding by the Shariahh principles. Empower our employees by inspiring, guiding, enabling and supporting them.

Values
• Integrity
• Loyalty
• Transparency
• Teamwork
• Customer centricity
• Reliability
• Excellence
• Fairness
• Innovation

Watania

Address: 4th Floor, Building No 4, Office No 414, Emaar Business Park, Sheikh Zayed Road, Dubai, United Arab Emirates
Tel: +97144275900
Fax: +97144508366
Email: info@watania.ae
Website: www.watania.ae

Personal Accident Dubai by Watania Dubai UAE | Personal Accident Dubai by Watania Contact Details, Reviews, Location Map, Telephone Number, Address, Working Hours, Photos & Videos of Personal Accident Dubai by Watania in Dubai UAE. Find Personal Accident Dubai by Watania in Dubai business directory with contact details, telephone numbers, email addresses, websites, location maps, driving directions, deals, offers, prices, costs, reviews and ratings.

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