Noor Takaful launches region's first online Islamic insurance service
Source: BI-ME , Author: BI-ME staff
Posted: Tue November 3, 2009 2:06 pm

UAE. Noor Takaful, the Sharia’a compliant insurance brand of Noor Investment Group, announced today the launch of the GCC’s first online real-time, web based, Islamic insurance service.

With a simple click of a mouse, the easy to use online facility allows customers to shop for a variety of insurance products which are offered at very competitive and transparent rates.

The service provides a quick and complete insurance solution from beginning to end, from obtaining an online instant quote to purchasing online insurance and delivery of policy cover.

Noor Takaful inaugurated the new online service with its motor insurance, covering both private and commercial vehicles. Other types of insurance will be available shortly.

Dr Ahmed Al Janahi, Deputy Group CEO, Noor Investment Group and Managing Director of Noor Takaful said: “We live in one of the most under insured regions in the world. With our innovative online takaful solution, a first in this region, we aim to make our Islamic insurance products more accessible to everyone through advanced technology.”

Straight forward and user friendly, the interactive portal seeks to bridge the gap between Noor Takaful and its customers who prefer the convenience of shopping online, rather than visiting a broker. By going online Noor Takaful is able to minimize transactional costs and overheads which in turn reduces the cost of purchasing insurance for customers.

The new online service, which can be accessed at www.noortakaful.com uses a safe and secure payment facility, with a high level of encryption. Customer service advisors are on hand and can provide advice and suggestions on the various insurance options available to suit each individual’s unique needs.

Parvaiz Siddiq, CEO, Noor Takaful, said: “The online facility gives new meaning to buying an insurance policy. It involves less hassle for existing and prospective customers, since insurance products and services can be easily bought and quickly approved. We are taking the anxiety out of insurance shopping and making the process easier and less expensive for everyone”.

Noor Takaful's portfolio of products includes the 'Noor Takaful Family' that is designed to meet the needs of providing assurance through products such as healthcare, group family and life. 'Noor Takaful


General' offers products that cover loss or damage to assets related to marine, engineering and aviation industries.

 

 

MIDDLE EAST BUSINESS COMMENT & ANALYSIS

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