Aviva Ltd, part of the British insurance giant Aviva Plc, has teamed up with National General Insurance (NGi), now one of the most emergent local Insurer in the U.A.E to capitalize on a rapidly growing international community in the region. This partnership between Aviva and NGi will give a strong presence in an extremely promising market with a growing demand for life and investment products.
 
Mr. Khalid Kalban, Chairman of NGi explains," The alliance is very strategic for both the parties. We have strengths in distribution and local market knowledge, whereas Aviva brings in their global brand and product manufacturing capabilities."
 
NGI Vice-Chairman Mr. Adel Zarouni added that this global strategic partnership has indeed "come at the right time", noting that the "UAE has positioned itself as an international market place which includes the growing Insurance Industry."
 
Mr. Keith Perkins, Chief Executive Officer, Aviva shares," We are already developing and distributing a full range of multi-currency protection, savings and investment products in Hong Kong and Singapore. We have started to target international mobile professional since 2003 and are very pleased to share our expertise in this area with NGi. Apart from individual financial needs, we will also be looking at providing protection and retirement solutions to multi-national corporations. " 


 

NGi- Aviva products will cater to both individuals working away from their home countries and corporations with employees from all over the world. The products have incorporated flexibility and portability should the person move to different locations. Corporations can look forward to tailored solutions that provide comprehensive employee benefits and protection.
 
Dr. Abdul Zahra A. Ali, General Manager of National General Insurance added that the partnership between both is a great opportunity for Aviva and NGi to grow in the U.A.E. insurance market." It will position us as pioneers and we are proud to be associated with Aviva to provide such high quality products and services. It also further demonstrates that NGi committed to focus on its clients' changing demands."
 
Head quartered in the City of Dubai, the Financial and Business capital for the region, NGi is a composite Insurance Company and an associate with the Emirates Bank Group and Commercial Bank of Dubai. NGi enjoys the status of being a fully accredited National Insurer offering multiple range of products.  NGi is rated by Standard & Poors with 'BBB' Stable Outlook. The Company is publicly quoted and listed in the Dubai Stock Exchange.
 
Aviva is the world's 6th largest insurance group, the biggest in the UK and a leading provider of life, health and pension products to markets across Europe. Its main activities are long-term savings, fund management and general insurance, with worldwide sales of GBP 35 billion and assets under management of GBP 317 billion as at December 2005.