Insurance House opens Dubai branch
Abu Dhabi-based Insurance House (IH) opened its branch in Dubai on Monday to meet growing customer demand and strengthen its position as one of the prominent and fast growing insurance providers in the UAE.
Located at Sheikh Zayed Road, the newly-opened branch will deliver various insurance products and services to residents of this grand megalopolis.
Listed on Abu Dhabi Securities Exchange, IH shares closed at Dh0.95 on Monday as its counter recorded no deal on the day.
Mohammed Alqubaisi, Chairman of the Insurance House, said, "We have honored our promise by opening a branch of Insurance House in Dubai in order to serve our customers in a very satisfying manner."
"IH is a customer driven organisation. Each decision is taken meticulously with utmost care to meet all expectations of our customers. The decision to open a branch of IH in Dubai was taken following an overwhelming demand by the existing large number of Finance House (FH) customers, and also a deliberate step within our expansion strategy," added Alqubaisi.
Being part of FH group, Insurance House has acquired a competitive edge over other players in the sector. With a strong background of knowledgeable employees and significant management experience within FH, as well as the series of successful milestones achieved since its inception, Insurance House has set itself the goal of leading the insurance market by offering the best in class insurance solutions to its customers.
Commenting on the expansion plan of Insurance House, Mohammed Othman, General Manager, said, "IH has a very ambitious growth strategy plan for the UAE up its sleeves and is adopting an aggressive expansion program. IH will open many branches in other emirates too to cover the entire UAE in a well formulated time frame."
"The UAE insurance market is poised to witness a more robust growth in the near future, and Insurance House is committed to tap that potential in the most befitting manner, by introducing innovative and customized insurance products that cater to a wide spectrum of clients, through a planned and aggressive branch expansion strategy," added Othman.