The event was inaugurated by H.E Eduardo Fonseca WARD Ambassador, Republic of Panama to the United Arab Emirates and the Kingdom of Saudi Arabia and focused on key issues affecting the insurance market and recent advancements in the insurance industry.
The conference was preceded by Golden Shield Excellence Awards 2018, to recognize the noteworthy contributions of the veterans to the insurance industry. The recipients of these awards were top notch organizations who have demonstrated highest level of professionalism, contributed towards the development of the insurance field.
IMC Golden Shield Excellence Award for Takaful Company of the Year was presented to Abu Dhabi National Takaful Co. PSC; Personal lines Insurance Company of the Year was bestowed upon Oman Insurance Company, Loss Adjustment Firm of the Year was presented to Arab Loss Adjusters, Energy Insurance Company of the Year was bestowed upon Union insurance and Inchcape Shipping Services was presented with Leading Claims Manager of the Year.
Corporate Social Responsibility Award was bestowed upon Gargash Insurance Services LLC; Broker of the Year was being bestowed upon Marsh & McLennan Companies; Aafiya Medical Billing Services was presented with the TPA of the Year award, Leading Marine Liability Broker of the Year was presented to Arya Insurance Brokerage Co. (LLC); Insurance Law Firm of the year was bestowed upon HFW, Award for Educational & Training Initiative of the Year was bestowed upon Oman Insurance Academy, Islamic P&I Club was declared the Leading P&I Club of the Year, Ms. Meena Mathews, GAC was presented with Women Professional Excellence in P&I Claims Management award, and Motor Insurance Company of the Year was bestowed upon Al Wathba National Insurance Company P.S.J.C. Award were presented by H.E. Fareed Lutfi, The Secretary General, Emirates Insurance Association & The Secretary General, Gulf Insurance Association and Mr. Sohan Roy, Founder Chairman & CEO, Aries Group