Fujairah National Insurance Company is actively enhancing its initiatives aimed at nurturing and advancing Emirati talents within the insurance sector. This effort aligns with the goals set by the Central Bank of the UAE and supports national policies focused on empowering local resources, as well as building a robust financial framework capable of meeting the demands of economic growth.
The company has successfully recruited and trained over 80 Emirati men and women as part of its workforce, reflecting its commitment to investing in human capital, which is deemed a fundamental pillar for the sustainability and competitiveness of the insurance industry. This recruitment drive coincides with the company’s celebration of its 50th anniversary, during which it has seen continuous expansion in its service offerings and the establishment of a solid customer base.
Antoine Malouli, the CEO of the company, emphasized that localization is a key component of corporate growth, stating that nationalization policies are a strategic priority for their operations. The company is focused on attracting local talents and enhancing their skills to empower them to lead the transformation within the insurance sector, a commitment that is cherished in line with the vision of its wise leadership.
He noted that the 50th anniversary serves as a significant milestone to reaffirm the commitment toward ongoing development and innovation in providing comprehensive insurance solutions tailored to market needs and community aspirations. This includes a wide range of insurance products, notably health insurance solutions that combine medical coverage with residency facilitation, contributing to the growth of their customer base over the past half-century of dedicated service.
The company is determined to continue expanding its nationalization programs and developing local capabilities as they view this as a crucial element for supporting the sustainability of the insurance sector and enhancing its role as a key contributor to the national economy in the upcoming phase.