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The role of Abu Dhabi National Insurance Company (ADNIC) can be realized to its full potential with its services. Established in 1972, ADNIC has carved a name for itself as the world's leading multi-line regional insurance provider. The value of Abu Dhabi National Insurance Company is felt across the Middle East by residents and corporates looking for beneficial arrangements in the insurance arena.
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The ADNIC also extends its services to North Africa in eh MENA region. The authenticity of ADNIC is proven among the people of the Gulf as it holds the license of the Central Bank. It is also listed on the Abu Dhabi Security Exchange (ADX), which is of greater significance. The core services of ADNIC are split across multiple branches across the UAE and MENA region. Its headquarters in Abu Dhabi, ADNIC caters to consumer and commercial insurance products. The services are feasible on different scales and can be customized to suit the preferences. This generous product feature has enabled ADNIC to cater to the needs of several small-scale, large-scale, and mid-level companies. It could also personalize the needs of an individual and design policies based on the economic standards of the individual.
The integral funds to run ADNIC have been measurable and transparent in the market. According to the latest reports, ADNIC held 10.23 billion as equity as on 31st December 2022. Equity is the blend of solid levels of liquidity and capitalization. Since its inception, ADNIC has successfully marched towards solid financial maturity and a robust balance sheet. The company's performance indicators enabled higher efficiency, thus instilling optimal client satisfaction.
Abu Dhabi National Insurance Company has worked closely in the corporate sector. The Gulf insurance policies have grown rapidly upon partnering with effective contributors- Social Investment Fund and Emirates Nature WWF. The former turned out to be a significant contributor to the UAE population during the 2020 pandemic period.
ADNIC, in partnership with the latter, contributed to many local conservation projects, which eventually helped gain an advantage for the UAE's commitment to achieving net zero goals.
Abu Dhabi National Insurance Company has been the front-runner in strategizing various insurance-related policies to benefit the UAE population. The Gulf insurance outlook witnessed a significant leap over the years, and the recent pandemic revolutionized insurance policies' role in the UAE. The notable participation of ADNIC with the UAE government and various private sectors has earned many recognitions and industry awards.
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