Qatar- QIC to be a facilitator for SMEs

(MENAFN- The Peninsula) DOHA: Qatar Insurance Company (QIC) yesterday said that it aims to facilitated development of Small and Medium Enterprises (SMEs).

“As a leading national insurer it is our duty to facilitate development of SMEs – the engines of economic growth and diversification. In fact it would be difficult for the region to support the anticipated growth and manage today’s evolving and complex risk landscape without having an insurer to absorb the loss and compensate for damages following an accident” said Deputy Group President & CEO of QIC – MENA region Salem Al Mannai.

“As insurers we play a vital role in facilitating growth of SMEs and start-ups by mitigating risks” said Al Mannai. “Running businesses in today’s world involves plethora of risks. Without having to worry or be baffled by any unforeseen expenses arising out of accidental damage of office building equipment and machinery loss of revenue due to property damage third party or employer’s liability our package policy Business Shield Insurance caters for all business insurance requirements so that entrepreneurs can allocate more time on nurturing their businesses” he said.The Peninsula