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Insurance Launches IT Firm at Qatar Financial Center
03 March 2020
Qatar Insurance Group announced that it has launched an IT services
subsidiary at the Qatar Financial Center called Anoud Technologies LLC
(Anoud Tech). This company will provide marketing, implementation, and
maintenance services related to the internally developed IT system,
through which more than 400 companies worldwide will be targeted. Qatar
Insurance Group will cooperate with Swiss Re, the most prominent company
in the global insurance and reinsurance sector, where the group will
provide its insurance management platform (Al Anoud Plus) that was
developed with the company in order to help insurance companies oversee
their underwriting strategy and monitor exposure for natural disasters.
"Our cooperation with Swiss Re, the
leading company in the global insurance and reinsurance sector, is
testimony to our exceptional capabilities in developing advanced
information technology solutions in the insurance field," said Mr.
Khalifa bin Abdullah Turki Al-Subaie, Group President. “One of our goals
is to diversify our financial resources by accessing to a new sector,
which enhances the volume of the group’s business and this represents
the fruits of the years of accumulated experience of the Qatar Insurance
Group, which has become one of the most important international
insurance companies”, he commented.
Khalifa Al-Subaie added: “Anoud Technologies, one of the subsidiaries of
the group through our integrated system (Al Anoud Plus), targets the
global markets because of the ability of its comprehensive programs to
bring great effectiveness in insurance management within the global
insurance markets by providing a high-level information technology
platform to our partners. The work itself explains the important role of
the Qatar Insurance Group in developing and applying advanced digital
technologies in the insurance industry. "