Takaful Emarat, BIOS Enter Into Agreement for Managed Cloud Service

Press release

Published October 16th, 2017 - 06:22 GMT

Mohammad Alhawari, Takaful Emarat’s Managing Director, and Dominic Docherty, Chairman, BIOS, during the signing ceremony.

Takaful Emarat, UAE’s premier provider of Shariah-compliant life and health insurance, is enhancing its infrastructure with BIOS, United Arab Emirates’ leading cloud computing and disaster recovery specialist. After an exhaustive search by a panel of internal experts, the Dubai-based Takaful Emarat chose to work with BIOS’s, UAE’s only in-country cloud, Cisco powered CloudHPT.

Key among Takaful Emarat’s requirements was an in-country cloud infrastructure, which could leverage various technologies for a complex IT environment. The company’s tech refresh will replace much of Takaful Emarat’s legacy IT infrastructure, allowing the company to remain competitive in a challenging marketplace

Mohammad Alhawari, Takaful Emarat’s Managing Director and Executive Board Member commented: “This is a very exciting time for Takaful Emarat as we continue focus on growing our business in tandem with accelerating our digital and online capabilities as we access new customer markets.

Our investment in technology is central to this objective and, will give us a competitive edge to strengthen our market position, as a leading UAE provider of innovative insurance products and services. From a customer perspective, our new IT infrastructure will also enable our business to provide optimal value through improved business efficiencies and enhanced customer service support. We will continue to invest in our business to drive growth and I look forward to reporting new initiatives in due course.”

Dominic Docherty, Chairman, BIOS agrees. “Even in traditional sectors such as Insurance, customers expect modern technological capabilities. Strategic positioning through superior technology is critical for Takaful Emarat’s continued success.”

BIOS will leverage industry-leading cloud solutions to offer Takaful Emarat a suite of services. Takaful Emarat’s new technology will include a complete Infrastructure as a Service (IaaS) package, which features hosting for Takaful’s core insurance application.

Background Information

Takaful Emarat

Takaful Emarat Insurance PSC, established in 2008, is a leading Shariah-compliant Life and Health Takaful Provider in the UAE.

Takaful Emarat markets a wide range of individual and corporate life and health Takaful products including protection, savings and investment plans through variety of distribution channels. Takaful Emarat is also a participating insurer providing basic mandatory health insurance in the Emirate of Dubai.