H.E. Ebrahim Obaid Al Zaabi, Director General of the Insurance Authority, commended the role of Umm Al Quwain Police and its efforts in supporting and protecting the national economy, enhancing the safety of the local insurance market, preventing illegal activities in the market, and detecting fraud cases against insurance companies.
This came after Umm Al Quwain Police was able to arrest a gang that specialized in fabricating road traffic accidents with the intent to claim compensation from insurance companies
Al-Zaabi valued the vigilance of police officers and their high security sense that led to arresting the fraud gang, who targeted insurance companies to claim compensation and to repeated the same accidents without repairing the old damages.
The Director General of the Insurance Authority extended his thanks and appreciation to Umm Al Quwain Police and the Ministry of Interior for preventing fraud and illegal practices in the UAE insurance market and its support to the efforts for protecting the achievements and accomplishments of this market during the past years.
He highlighted the importance of integrating efforts and roles among all concerned parties to enhance the safety of the UAE insurance market, develop the performance of the market, strengthen its regulatory and legal capabilities and increase growth rates in all aspects to support the sustainable economic growth of the UAE.