Dhabi, April 12, 2015
E. Eng. Sultan bin Saeed Al-Mansouri,
Minister of Economy and Chairman, the Board of Directors of the
Insurance Authority (IA) chaired a meeting of the IA Board of Directors that discussed
many issues relating to the IA and the UAE insurance sector, in addition to the
new government excellence platform of H. H. Sheikh
Mohammed bin Rashid Al Maktoum Award for excellent government performance and
means to apply it at the level of the IA.
meeting was attended by H. E. Humaid Ali
bin Buti Al-Mhairi,
Vice-Chairman, H. E. Ibrahim Obaid Al Zaabi, Director General of the IA, and Board
members H. E. Maryam Buti Al Suwaidi,
H. E. Maryam Mohammed Amiri, Mr. Hamad
Harith Al-Medfaa, Mr. Hamad Saif
Almansouri, and Ebrahim Nasser
Board reviewed the key work performance aspects in the IA and results of smart
service development. The IA managed to take huge steps and leaps in the area of
transforming into a smart authority in terms of service delivery by
transforming more than (35) services to smart services which contributed to
developing work performance in the IA and boosting the competitiveness of
business performance in the local insurance market. During the current year,
the IA will continue transforming the remaining transformable services to smart
the Board discussed pillars of innovation and future forecast within the
government excellence platform. It also reviewed the actions taken at the level
of efficiency and governance of working system and pillars of result evaluation
represented in measuring all the appropriate indicators to follow up,
understand, and forecast the performance of capabilities and how far the
targets are achieved, in addition to concentrating on learning and development.
The Board tackled pillars of capacity evaluation
represented in the effectiveness which contributes in achieving the strategic
objectives and how far they are consistent with the best practices. Other pillars
discussed include efficiency, represented in the optimum use of various
resources and rational spending.
E. Eng. Sultan bin Saeed Al-Mansouri affirmed that the UAE insurance sector is moving
to a new stage of the increasing business growth, developing the
competitiveness of the UAE insurance market and promoteing its pioneering
position at the regional level, and consequently increasing the sector’s
contribution to the UAE gross domestic product, based on the IA’s strategic
plans and future visions in the area of developing laws and legislation and
many other factors.
said the IA has recently realized many achievements and outstanding results by
developing the laws and regulations that organize the UAE insurance market, in
consistency with the best international systems and standards, and also by
improving the IA’s services to policyholders and the insurance business sector.
asserted the importance of 4th generation of the government excellence
platform to develop the governmental performance competitiveness in a manner
that promotes the pioneering position of the UAE at the international level.
said that success has no frontiers in the UAE and that excellence is the
essence of permanent and ongoing success of the UAE in various areas and
pointed out the importance of focusing on the directions of wise leadership to
ensure building a performance culture and a work environment that support
creativity and innovation and the adoption of the right systems that enhance
the engagement of employees, customers, and partners.
emphasized the importance of developing the IA’s capabilities in the area of
future planning and setting scenarios that forecast the future through the
future trends and seeking to catch up with them. He indicated the importance of
enhancing the efforts to ensure that the impact of the IA’s operations,
services, and policies lead to achieve sustainability at the national level in
the economic, social, and environmental areas.