Abu Dhabi National Insurance Company (ADNIC), one of the region’s leading insurance companies, today announced that it has been presented with the prestigious “Insurance Company of the Year, Middle East, 2009” award at the World Finance Awards. Presented during a ceremony held at the London Stock Exchange, the award was received by ADNIC CEO, Walid Abdul Salam Sidani and Deputy CEO- Marine, Aviation and International, Samir A. Ahad.
A reflection of the development and delivery of simple and effective business solutions, the award was presented to reward ADNIC’s ability to establish a coherent strategy for development, product innovation, response to customer needs and enhanced quality of service. Operating for 37 years, ADNIC’s overall strategy of maintaining a market lead during times of dynamic change, particularly in the United Arab Emirates, has proven to be a great success. ADNIC has rightly earned a reputation for its continuous and unabated growth in all segments of the business, establishing itself as a reliable insurer of choice.
According to H.E Khalifa Mohammad Al Kindi, Chairman of ADNIC, "To be recognized as a regional market leader is a testament to the evolution of our institution. We are honored to receive this recognition, which confirms that our goal to be a reliable insurer of choice in the region is being realized.”
Walid Abdul Salam Sidani - Chief Executive Officer of ADNIC stated: “We are truly honored to be presented with such a prestigious award. This reaffirms that our strategic focus on modernization and expansion, in addition to insurance talent acquisition and retention, is beginning to bare positive results not just on our financial statements, but in the minds and views of our partners, customers, and observers." .
Sidani added: "this award is received with pride on behalf of all ADNIC staff, and will sure help harness our energy for 2010 and beyond."
The World Finance Insurance Awards recognize outstanding achievement, innovation and success across the global insurance industry. The judging panel uses a wide range of criteria in selecting recipients and is primarily looking for a company that combines a genuinely valuable service while focusing on the financial stability of the Company and making enhancements to their core services as well as other business areas, including corporate social responsibility and social/community affairs.
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