PRESS RELEASE

Union Insurance Company Hosts' Construction & Risk Management Seminar


 

Dubai, UAE- October 28, 2014 Union Insurance Company, a leading provider of innovative customer-focused insurance products to individuals and organizations in the region, announced that it has recently held an educational seminar in the UAE to raise awareness of the importance of adopting a comprehensive approach to risk management during project lifecycle.

Under the theme 'Construction and Risk Management', the seminar was held in association with world renowned reinsurers and featured distinguished insurance experts from Swiss Re, Hannover Re, SECO, Gulf Re and JLT.

"The winning of hosting of Expo 2020 has brought about changes in the risk landscape because of the surge in the number of mega projects," said Abdul Muttaleb Al Jaedi, Managing Director & Chief Executive Officer, Union Insurance Company. "We have organized this seminar to provide construction industry professionals with an ideal platform for exchanging ideas with subject-matter experts and to keep abreast of insurance best practices and latest developments."

Union Insurance Company aims to shed light on the significance of developing a comprehensive project risk management strategy that considers all key potential risks through out the project lifecycles, from concept design to construction and handover, as well as includes the approach to avoid, mitigate or transfer those risks.

"This seminar is in line with our commitment to continuously add value to our clients and we look forward to further cooperation with leading international reinsurers to help our clients manage risks more efficiently," said Usman Khadmi, President of General Insurance, Union Insurance Company.

Key topics discussed in the seminar were "Risks versus stakeholders responsibilities'' 'Crucial Role of a Risk Manager for Site Safety'' 'Risk Exposures Associated with a Construction Project'' 'Fire at High Rise Construction Sites ' and 'Risk Management from Developers Perspective'. It was attended by government officials' leading property developers' contractors' engineers and consultants.

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.

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With offices across the UAE, Union Insurance is close at hand to serve clients. Whether signing up for a new policy or making a claim, you can reach us at any of the offices below. Also, be sure to check this page regularly, as we continue to open new offices.


Toll free number : 800 UIC4U(84248)
Enquiries : info@unioninsurance.ae
Comments : feedback@unioninsurance.ae
Regularly Working Hours : 8:30am to 05.00pm

OFFICES

Head Office

Single Business Tower, Sheikh Zayed Road
P.O Box 119227 Dubai, United Arab Emirates
Tel: +971 (04) 3787 777(764)
Fax: +971 (04) 3787 778

Abu Dhabi (Motor Claims)

Al Corniche tower Building, Abu Dhabi Corniche,
P.O Box 54524 Abu Dhabi, United Arab Emirates
Tel: +971 (02) 6906 555
Fax: +971 (02) 6906 556

Ajman (Motor Claims)

Ground & Mezzanine Floors, Ajman Building
Sheikh Khalifa bin Zayed Road
P.O Box 1225 Ajman, United Arab Emirates
Tel: +971 (06) 7014666
Fax: +971 (06) 7014668

Dubai (Motor Claims)

Al Ittihad Road, Al Mana Building,
Showroom no. 6,
P.O Box 35272 Dubai, United Arab Emirates
Tel: +971 (04) 3787 444
Fax: +971 (04) 3787445

JAFZA

Jebel Ali Free Zone Building 16 Office no. 15,
P.O Box 119227 Dubai, United Arab Emirates
Tel: +971 (04) 3787 477
Fax: +971 (04) 3787 478

JLT

Jumeirah Business Centre (JBC3) Cluster Y,
16th Floor, Jumeirah Lakes Towers
P.O Box 119227 Dubai, United Arab Emirates
Tel: +971 4 315 1700
Fax: +971 4 315 1701

Ras Al Khaimah (Motor Claims)

Al Nakheel- Al Naeem Building,
Office # 101 & 102
Etisalat Street
P.O BOX 12921 Ras Al Khaimah,
United Arab Emirates
Tel: +971 (07) 203 8181
Fax: +971 (07) 203 8182

Sharjah (Motor Claims)

Al Raha Tower, Showroom no. 2
P.O Box 97733 Sharjah, United Arab Emirates
Tel: +971 (06) 5939 888
Fax: +971 (06) 5939 889

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