As part of its ongoing commitment to industry development and awareness, Badri Management Consultancy organized their Annual Conference titled “Trends in Motor and Medical Insurance in UAE”, at the Grand Sheraton Hotel in Dubai on September 30, 2019. Presentations were made on the following topics:

1) Solvency Trends for Insurance Companies in UAE – by Omer Mehmood and Manaal Siddiqui
2) Medical Insurance Trends in UAE – by Rahim Gowani
3) Motor Insurance Trends in UAE – by Faizan Amlani
4) Use of AI and BI in Insurance – by Shazily Munawar

This was followed by a CFO panel discussion moderated by Hatim Maskawala on “What keeps the CFOs awake at night”; discussing topics such as credit risk, regulatory risk and the current requirements for IFRS 17.

The esteemed CFO panel included the following: –
Mr. Hammad Raza Khan – CFO, Oman Insurance Company
Mr. Sundararajan Bakthavatsalam – SVP Finance, Orient Insurance PJSC
Mr. Charles Heaton Forward – CFO, RAK Insurance
Mr. Jaspreet Singh Chhabra – CFO, Watania Takaful

The event was attended by 104 professionals from 60 companies spanning all facets of the insurance industry, including representatives from the UAE Insurance Authority.