Daman Health Insurance Qatar LLC (Daman Qatar) has announced the launch of its operations in Qatar, stating that their services are likely to bring positive change to the health insurance market.
A Doha-based company registered with the Qatar Financial Centre (QFC), Daman Qatar is the result of a joint venture between the National Health Insurance Company (Daman) in Abu Dhabi and Munich Health in Germany.
Daman Qatar is entering the market at an ideal moment and with a proposition that is likely to change the insurance sector in Qatar, “At a time when corporations in Qatar are looking for a service provider that offers them a technically-sound product with the highest service standards in the industry, we truly believe that our launch will create new standards in the market.” commented Lee Shurey, CEO of Daman Qatar.
Shurey later added: “We are new here in Qatar, but have the benefit of a well-established and proven infrastructure from the National Health Insurance Company and the highest of industry standards as set by Munich Health”.
Munich Health is one of three business segments of Munich Re, one of the world’s leading re-insurers with a history that spans over 130 years, while the National Health Insurance Company – Daman is an Abu Dhabi based insurer with membership of over 2.1 million; the largest in the region.
Qatar is a unique market for insurance companies, with immense projects in the development and real estate sector, oil and gas market and service industry seeking products and services of the highest standards for their employees, whether construction workers or top executives.
“Capacity is not an issue for us, as we have the ability to process and manage all schemes from the small to the largest corporates. Our services offer innovative solutions coupled with the highest service standards and are available to all”.
Shurey added: “We truly believe that we can offer something new to the sector. We have a strong proposition and have entered a market that is ready for change”.
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