19/11/2015 08:34 AST

Spurred by the company's steady growth in Qatar, AXA Gulf, one of the leading international insurers in the region, unveiled their new yacht and pleasure craft offer at the Qatar International Boat Show.

Furthermore, AXA Gulf has also announced the opening of two new AXA Shops at the Pearl, and Barwa City, in Doha to meet enhanced customer demand.

The new product, AXA Sail Master Plus, has been locally developed and improved through the years to cater for boat or yacht owners' requirements. AXA Sail Master Plus will cover the vessel against accidental loss or damage, whilst also protecting the owner against any liabilities towards third parties. The product can also be customized to cover major boating activities.

"Qatar is a priority market for AXA and we are committed to introduce customised insurance solutions that address the diverse risk requirements of customers across various segments", said Salim Mansour, Country Manager, AXA Qatar. "The methodology behind our new insurance solution is tried and tested to suit the needs of boat owners and provide them with utmost service throughout the policy duration," he added.

In another indication of AXA's commitment to growth and investment in the Qatar market, AXA Gulf unveiled that before the end of the year, two new AXA Shops will open to the public. These shops are strategically situated in community settings, to ensure the growing needs of our growing customer base are met.

"At AXA, we are focused on becoming the preferred insurance company for our stakeholders in the Gulf and accelerating growth by enhancing our multi access model, including AXA Shops," added Salim.

AXA Gulf's multi-access and multi-channel distribution model will offer a host of tailored insurance solutions for individuals and businesses, as it does throughout the GCC Region, in addition to enhanced digital options, a Regional Call Centre and more.


AME Info

AXA Gulf offers 'Essential Benefits Plan'

17/06/2015

In line with the Dubai Health Authority's (DHA) new mandatory health insurance law, AXA Gulf, one of the leading non-life international insurers in the region, is now offering Essential Benefits Plan

The Gulf Today

AXA Cooperative to increase capital through rights issue

17/02/2015

JEDDAH - AXA Cooperative Insurance Company signed Sunday a rights issue management agreement to increase its capital with the Saudi Fransi Capital Company, the Financial Advisor, Lead Manager, and Un

Saudi Gazette

AXA Insurance joins Dubai Trade's e-insurance platform

02/02/2015

Dubai - As part of its strategy to boost its online services in line with Dubai's Smart Government initiative, AXA Insurance Gulf has signed an agreement with Dubai Trade, the premier cross-border tr

Khaleej Times

Ticker Price Volume
RIBL 29.65 2,130,721
ALDREES 141.40 522,113
EIC.ADX 7.95 0
ALBABTAIN 44.20 361,872
GULFUNIONALAHLIA 17.40 234,780
MUTAKAMELA 19.42 2,022,103
MIDAN 757.00 0
GIG Sector Market
P/E
Price/BookValue
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
BUPAARABIA 189.00 -1.00 (-0.53%)
TAWUNIYA 156.80 1.00 (0.64%)
ALRAJHITAKAFUL 175.20 1.40 (0.80%)
QATI 2.16 -0.01 (-0.37%)
RASAN 92.40 0.90 (0.98%)
ACWA Power and Saudi Aramco ink deals to boost renewables, hydrogen, and desalination

06/02/2025

Saudi utility giant ACWA Power has signed two agreements with Aramco to accelerate the deployment of renewable energy projects and evaluate the performance of vanadium flow batteries in the Kingdom's

Arab News

Al Rajhi Bank announce a strategic partnership with MuhideFinTech Platform to authenticate and govern SMEs' trade finance transactions

05/02/2025

Al Rajhi Bank, a pioneer in innovative banking solutions in Saudi Arabia, has announced a strategic partnership with RATL Technology, the owner of Muhide fintech platform, to digitally empower and fi

Saudi Gazette

EEC's capital optimization plan to shore up financial position and sustain growth: CEO

14/09/2024

RIYADH: Saudi master developer Emaar The Economic City's SR8.7 billion ($2.32 billion) capital optimization plan is a "strategic response" to its current financial challenges, according to its CEO. <

Saudi Gazette

Arabian Mills set final IPO price at $17.59 per share as CEO details growth vision

12/09/2024

Saudi wheat flour producer Arabian Mills for Food Products Co. has set its final initial public offering price at SR66 ($17.59) per share on the Tadawul main market. During the book-building proces

Arab News

SABIC-MCC joint venture starts output

04/05/2018

SABIC announced the successful completion of the pilot operation of the Methyl Methacrylate Monomer (MMA) and Poly Methyl Methacrylate (PMMA) plants and the commencement of commercial operations.

Saudi Gazette