‘Kawader Malia’; Qatar Insurance Group signed MoU with Qatar Finance and Business Academy

The leading insurer in Qatar and MENA region, Qatar Insurance Group (QIC), signed a Memorandum of Understanding (MoU) with Qatar Finance and Business Academy (QFBA). The agreement, which was signed on Thursday, outlines QIC’s contribution towards supporting QFBA’s ‘Kawader Malia’ Program for three years. This program is an initiative designed to prepare future business leaders, and decision makers of Qatar’s financial and banking services sector by bridging the performance gap between “the academic and the professional” for fresh graduates of both genders within the spectrum of the financial industry.

The MoU, which was signed by QIC Group Acting Chief Administrative Officer Rashid Al Buainain and Director of Professional Training at QFBA Majed Abdulaziz Al Khulaifi, reinforces the mutual commitment of both entities to developing and fostering Qatar’s national human capital.

Qatar Insurance Company (QIC) is a publicly listed composite insurer with a consistent performance history of over 50 years and a global underwriting footprint. QIC was the first domestic insurance company, founded in 1964, in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC and MENA regions.  QIC is one of the highest rated insurers in the Gulf region with a rating of A/Stable from Standard & Poor’s and A (Excellent) from A.M. Best. QIC is also the first & best digital insurance company in Qatar and the largest insurance company in the MENA region by gross written premium, profitability, and total assets. It is listed on the Qatar Stock Exchange and has a market capitalization in excess of QAR 7.8 billion.

Please visit www.qic-group.com for more information about QIC. Qatar Finance and Business Academy (QFBA) was established in 2009 under the auspices of QFCA. QFBA is a leading national training provider that aims to cultivate the Human Development Pillar of the Qatar National Vision 2030. QFBA excels in providing professional training to individuals and customized learning and development programs for corporates. Geared towards the financial sector, we aim to be a reliable training partner by adapting our learning solutions to meet professional development needs. In 2018, QFBA partnered with Northumbria University in Newcastle to offer degree programs in Banking and Finance.