Union Insurance Company, a leading provider of innovative customer-focused insurance solutions to individuals and organizations in the region, announced today that it has forged a long term strategic partnership with Migration Cover, the world leaders in specialist insurance products for Expats, Visa Holders and Migrants, to launch Expat Protect, the first comprehensive insurance product for expats in the UAE.
By covering repatriation, employment advocacy and travel needs through four different packages, the new product prepares individuals, couples and families for the unexpected allowing them to focus on settling in the UAE.
Commenting on the launch of the new product, Abdul Muttaleb Al Jaedi, Managing Director & Chief Executive Officer of Union Insurance Company said, "At Union Insurance we believe that our job is to not to meet but rather exceed our customer expectations by anticipating their future needs and designing related innovative products ."
Union Insurance offers a complimentary Annual Multi-trip Travel Insurance as part of the Complete Package. Customers also have the option to include further Travel Insurance for each of the other three packages.
Chris Galway, the CEO of Migration Cover, today said: "We are proud to be associated with Union Insurance Company for this unique opportunity. Expats, their families and their employers across the United Arab Emirates will benefit greatly by the introduction of this exciting new product range."
Expat Protect provides a safety net to existing expats or those who are planning on making the move to the UAE within the next 12 months as it allows them to return to their home country should they need to, or assists them in finding further employment, within the limits of the policy, in the UAE.
About Union Insurance Company
Established in 1998 and listed on the Abu Dhabi Securities Exchange, Union Insurance Company is regulated by the UAE Insurance Authority and has a paid up capital of over AED 330 million. The company provides a wide range of individual and commercial insurance products to clients in the UAE and Middle East region. The company is rated B++ (Good) with positive outlook by AM Best Rating Services.
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