AL FARDAN EXCHANGE L.L.CPARTNERS WITH ORIENT INSURANCE TO ACCEPT PREMIUM PAYMENTS

09 June 2021, Dubai, UAE:Orient Insurance, frontrunners in the UAE insurance market and amongthe largest in the region,partners with Al Fardan Exchange, remittance market leader and a pioneer in the industry of UAE money exchange business, to allow their Life Insurance customers to make insurance premium payments through any Al Fardan Exchange branch in the UAE. This partnership will provide addedease to individuals, facilitating a smoother payment process.

Customers will now have access to make these payments via 70+ Al Fardan Exchange branches spread across the UAE.

CEO at Al Fardan Exchange, Hasan Fardan Al Fardan said, “We are excited to be partnering with Orient Insurance. Our strong network of 70+ branches across the UAE, will allow their customers to enjoy enhanced accessibility, which aligns with our customer-centric approach that prioritizes convenience and flexibility.”

Omer Elamin, Group President, Orient Insurance said, “We are constantly looking for ways to meet the growing needs of our customers and enhance their experience with us. We are proud to join hands with Al Fardan Exchange as this allows us to provide even more convenience for our policy holders by leveraging Al Fardan Exchange’s robust branch network and making payments easier for them.”

About Al Fardan Exchange

Al Fardan Exchange is a member of the Al Fardan Group, one of the leading family-owned conglomerates in the region with a 50-year legacy. It is one of the many different businesses across several sectors under the umbrella of Al Fardan Group, ranging from real estate, to high- end jewelry to trading. The success of the group is largely built upon the business acumen and strong personal values espoused by its founder, Ibrahim Al Fardan, who established himself as a respected pearl trader back in 1954. Established in 1971, we are proud to serve the UAE’s cosmopolitan community through our 70+ strong network, spanning across all Emirates. Reinforced by strong relationships with over 150 global corresponding banks, financial institutions, and other financial service providers, we offer secure transactions that firmly place reliability and trust in the forefront.

About Orient Insurance

Orient Insurance commenced its operations in 1982 as a part of Al-Futtaim Group and has since recorded steady growth. With the paid-up capital of AED 500 Million, and shareholdersequity of AED 3.5 Billion, the highest in the UAE insurance industry and having the presence in 7 countries, Orient is the market leader in the UAE.

Orient Insurance secured ratings of ‘A Stable’ from Standard & Poor’s and ‘a+’ from AM Best, the highest rating in Middle East . The company is also accredited with ISO 9001 Quality Management Certification. Orient Insurance offers both conventional as well as bespoke products for corporates and individuals.

The company plays a major role as an insurer in the growth of regional economy through its innovative insurance solutions for individuals, SMEs and corporates. Orient’s underwriters backed by top rated reinsurers, deliver insurance solutions tailored to market needs. The company’s highly qualified and experienced team offers quick and efficient services to its customers both in the matters of underwriting and claims.

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