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In order to honor the innovators in insurance companies, the innovative insurance product/practice award has been launched to be an effective incentive for leading companies to scientific research and innovation in the insurance sector.
This award is to be given to the company that goes beyond the boundaries of insurance sector in the UAE through:
This Award aims to highlight all the innovative practices and products that handle the challenges of insurance sector and/or lead to developing the UAE insurance sector, so as to determine all the best practices for promoting knowledge, boosting innovation and research attitude and provoke effective contribution in building an innovative cognitive economy for the UAE. Moreover, it also seeks to transform the scientific research and ideas into innovative projects that are economically applied, in order to achieve social and economic development in the UAE.