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Home Insurance

Innoveo and SIMC Partner to Expedite Re-insurance Market in Middle East

The Global Economics by The Global Economics
July 6, 2020
in Insurance, Top Stories
Reading Time: 1 min read
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Partnership agreements

Partnership agreements

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Innoveo, a Zurich-based global technology provider has come into partnership with Sidani Innovative Management Services DMCC (SIMC) for the adoption of digitalization and innovative technologies in the re-insurance sector in the Middle East region.

Dubai’s SIMC, a boutique and corporate innovation accelerator will accelerate Innoveo’s no-code technology and SIM’s digitization consulting and other services for the re-insurance clients.

CEO of Innoveo, Amir Ghaffar expressed his excitement to partner with SIMC with expertise in the re-insurance sector to lead the change in digital transformation for rapid change and growth in the middle East.

The partnership will bring Innoveo Skye’s no-code platform into the regional re-insurance sector to expedite the launch of custom-built applications and to come up with cost-effective technology solutions.

Walid Sidani, President of SIMC also mentioned in a statement that the joint marketing and solutions development efforts will enable their clients to advance the process of digitization through their regional FinTech hub presence in the UAE for rapid response and development. The initial months of 2020 redefined how re-insurance companies collaborate with internal customers and external stakeholders.

The Global Economics

The Global Economics

The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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