ADNIC Contributes Dh3 Million To The Ma’an Social Investment Fund

Press release
Published September 26th, 2021 - 07:57 GMT
ADNIC Contributes Dh3 Million To The Ma’an Social Investment Fund
Mohamed Bin Saif Al-Nahyan, Chairman of ADNIC.
Highlights
Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has contributed AED 3 million to the Social Investment Fund

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has contributed AED 3 million to the Social Investment Fund, administered by the Authority of Social Contribution - Ma’an, to support the Abu Dhabi community in addressing its most pressing social challenges.

ADNIC’s contribution will help finance further social impact programmes and be used towards tackling key social causes such as health, employment, education, family and community and the environment, helping build a thriving third sector in Abu Dhabi and creating a lasting impact for people.

These priorities have been identified by the Department of Community Development – Abu Dhabi with the Fund being Abu Dhabi’s official Government channel to receive contributions from the public and private sectors and civil society.

Launched in 2020, the Fund is a key pillar of Ma’an’s work in driving social innovation with all contributions invested into providing sustainable funding that supports social challenges and needs. It is also part of the Authority’s on-going efforts to bring together the government, the private sector and civil society to solve key social challenges and contribute to the development of strong, active, inclusive and collaborative communities.

Ahmad Idris, CEO of ADNIC, said: “Cooperation is one of the key components of the Abu Dhabi and UAE community when it comes to addressing social challenges. Supporting social initiatives is one of our country’s long-standing values and we are continuously prioritising community work at ADNIC.

He added: “ADNIC affirms its support for noble causes that seek to progress society for the benefit of all. We believe that supporting third sector entities will play an important role in boosting the happiness and well-being of society in line with the aspirations of the UAE’s wise leadership.”

Her Excellency Salama Al Ameemi, Director General of Ma’an, said: “I would like to express my deep gratitude to Abu Dhabi National Insurance Company for their generous contribution towards the Social Investment Fund which will go a long way in making a meaningful difference to people that need our support to thrive.”

“This contribution is another significant example that reflects the true spirit of giving back which is at the heart of our society and exemplifies the importance of the Social Investment Fund and the responsibility of our wider community who are determined to play their part in our journey of implementing sustainable societal change for all. By working together, we strongly believe that the Social Investment Fund will not only further strengthen community participation but also help catalyse the growth of the third sector in Abu Dhabi, making a life changing impact for generations to come.”

ADNIC has supported more than five initiatives since the start of the year, alongside its ongoing partnerships with organisations across the UAE including the Mohammed bin Rashid Al Maktoum Foundation. The company also launched its wellness programme for employees to help support their mental, emotional and physical wellbeing.

Last year, ADNIC contributed AED 3 million to Ma’an’s  ‘Together We Are Good’ programme to support the UAE community during fight against COVID-19.

Background Information

Abu Dhabi National Insurance Company - ADNIC

Abu Dhabi National Insurance Company (ADNIC) PJSC is a composite insurance partner with long-standing expertise in providing insurance products to individuals and corporates across the Middle East and North Africa (MENA) region. Founded in the United Arab Emirates (UAE) in 1972, ADNIC has a wide network of branches as well as sales and service centers across the country. ADNIC also has a representative office in London, under the name ADNIC International Ltd. ADNIC is a publicly listed company on Abu Dhabi Securities Exchange (ADX).
 

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