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neutral point of view. (February 2024) |
Company type | Public |
---|---|
ADX: ADNIC | |
Industry | Insurance |
Founded | 10 September 1972 |
Headquarters | , |
Area served | Worldwide |
Key people |
|
Revenue | AED 5.13 billion (2022) [1] |
AED 377.9 million (2022) [1] | |
Total assets | AED 9.99 billion (2022) [1] |
Total equity | AED 2.69 billion (2022) [1] |
Website |
www |
Abu Dhabi National Insurance Company PJSC ( Arabic: شركة أبوظبي الوطنية التأمين; ADNIC) is a composite insurer headquartered in Abu Dhabi in the United Arab Emirates. [2] ADNIC is the second largest insurer in the UAE by premium and one of the largest in the Gulf Cooperation Council (GCC). [3]
The company is listed on the Abu Dhabi Stock Exchange and trades under the symbol and Bloomberg ticker ADNIC. [4]
ADNIC was established by Emiree Decree on 10 September 1972 and was the first insurer to be licensed in the Emirate of Abu Dhabi. [5] The company has expanded over the years and now provides a full suite of insurance and reinsurance products within the UAE, GCC and other countries in Asia and Europe. [6]
ADNIC has operations across all emirates in the United Arab Emirates consisting of a network of branches, as well as sales and customer service centres. [7] The insurer provides risk coverage in more than 75 countries through its international division operating from Dubai as well as a representative office in London. [7]
The company partners with regional and international brokers and has a global network of partnerships with global insurance and reinsurance companies. [8] [9]
The largest shareholder in ADNIC is Mamoura Diversified Global Holding Company PJSC (24.77%), which is the sovereign wealth fund of the emirate of Abu Dhabi. [10]
ADNIC engages with all stakeholders through its various initiatives focused on health and wellbeing, climate change and giving back to the local community. [11] The company has partnerships with several CSR initiatives, and is a partner of Emirates Nature-WWF, where it contributes to local conservation projects and supports the UAE to achieve its net zero goals. [12]
In 2020, ADNIC partnered with the Social Investment Fund, administered by the Authority of Social Contribution - Ma’an, to support the UAE community during its fight against the pandemic. [13]
In 2022, the company also contributed to Ma’an to support the Abu Dhabi community in social challenges including physical and mental health, education, skill development, family and community causes. [14]
ADNIC’s rating by credit rating agencies are:
Year of Award | Name of Award | Awarding Organization |
2022 | General Insurance of the year | Middle East Insurance Industry Awards (MEII) [16] |
2022 | • Best Industry Call Centre (Insurance)
• Best Call Centre (Operational/ Across Industries) • Call Centre Manager of the year (Small) |
INSIGHTS Middle East Call Centre & CX Awards 2022 [17] |
2022 | • PeopleFirst Best HR team
• Technology Deployment in Recruitment |
PeopleFirst HR Excellence Awards [18] |
2022 | Excellence in INSURTECH | FINNOVEX Awards [19] |
2022 | General Insurer of the year | InsurTek Golden Shield Excellence Awards [20] |
This article may have been created or edited in return for undisclosed payments, a violation of Wikipedia's
terms of use. It may require cleanup to comply with Wikipedia's
content policies, particularly
neutral point of view. (February 2024) |
Company type | Public |
---|---|
ADX: ADNIC | |
Industry | Insurance |
Founded | 10 September 1972 |
Headquarters | , |
Area served | Worldwide |
Key people |
|
Revenue | AED 5.13 billion (2022) [1] |
AED 377.9 million (2022) [1] | |
Total assets | AED 9.99 billion (2022) [1] |
Total equity | AED 2.69 billion (2022) [1] |
Website |
www |
Abu Dhabi National Insurance Company PJSC ( Arabic: شركة أبوظبي الوطنية التأمين; ADNIC) is a composite insurer headquartered in Abu Dhabi in the United Arab Emirates. [2] ADNIC is the second largest insurer in the UAE by premium and one of the largest in the Gulf Cooperation Council (GCC). [3]
The company is listed on the Abu Dhabi Stock Exchange and trades under the symbol and Bloomberg ticker ADNIC. [4]
ADNIC was established by Emiree Decree on 10 September 1972 and was the first insurer to be licensed in the Emirate of Abu Dhabi. [5] The company has expanded over the years and now provides a full suite of insurance and reinsurance products within the UAE, GCC and other countries in Asia and Europe. [6]
ADNIC has operations across all emirates in the United Arab Emirates consisting of a network of branches, as well as sales and customer service centres. [7] The insurer provides risk coverage in more than 75 countries through its international division operating from Dubai as well as a representative office in London. [7]
The company partners with regional and international brokers and has a global network of partnerships with global insurance and reinsurance companies. [8] [9]
The largest shareholder in ADNIC is Mamoura Diversified Global Holding Company PJSC (24.77%), which is the sovereign wealth fund of the emirate of Abu Dhabi. [10]
ADNIC engages with all stakeholders through its various initiatives focused on health and wellbeing, climate change and giving back to the local community. [11] The company has partnerships with several CSR initiatives, and is a partner of Emirates Nature-WWF, where it contributes to local conservation projects and supports the UAE to achieve its net zero goals. [12]
In 2020, ADNIC partnered with the Social Investment Fund, administered by the Authority of Social Contribution - Ma’an, to support the UAE community during its fight against the pandemic. [13]
In 2022, the company also contributed to Ma’an to support the Abu Dhabi community in social challenges including physical and mental health, education, skill development, family and community causes. [14]
ADNIC’s rating by credit rating agencies are:
Year of Award | Name of Award | Awarding Organization |
2022 | General Insurance of the year | Middle East Insurance Industry Awards (MEII) [16] |
2022 | • Best Industry Call Centre (Insurance)
• Best Call Centre (Operational/ Across Industries) • Call Centre Manager of the year (Small) |
INSIGHTS Middle East Call Centre & CX Awards 2022 [17] |
2022 | • PeopleFirst Best HR team
• Technology Deployment in Recruitment |
PeopleFirst HR Excellence Awards [18] |
2022 | Excellence in INSURTECH | FINNOVEX Awards [19] |
2022 | General Insurer of the year | InsurTek Golden Shield Excellence Awards [20] |