
QIC recognised at Google Cloud Summit Doha
Doha
Qatar Insurance Groupwas recognized at the Google Cloud Summit Doha 2025 for driving innovation in the financial industry. This recognition marks a significant milestone in QIC's strategic journey to revolutionize insurance through advanced technologies and global partnerships.
The summit, held at the Qatar National Convention Centre, brought together over 1,500 attendees, including Google Cloud partners, government leaders, enterprise customers, and technology innovators. The event focused on the latest breakthroughs in artificial intelligence, data, cloud computing, and cybersecurity.
QIC's recognition highlighted its bold adoption of cloud-native technologies and AI-driven solutions, as well as its role as a thought leader shaping the future of the industry. Notably, QIC organized and hosted the annual fourth edition of the MENA Insurtech Summit and the inaugural MENA Fintech Summit earlier this year in Doha. These events brought together global experts, regulators, investors and startups to accelerate innovation, regulation, and investment in digital insurance and financial services.
During the Google Cloud Summit 2025, QIC Group CEO Salem Al Mannai held high-level meetings with senior Google Cloud executives, includingAnthony Cirot - Vice President, EMEA South, Ghassan Kosta - Regional General Manager, and Basel Haddadin - Regional Sales Manager. The discussions focused on ongoing digital transformation projects and expanding collaborative opportunities in areas such as AI-powered customer experience, real-time data analytics, operational automation, and next-generation cloud security.
Reflecting on the recognition,Salem Al Mannai said, 'At Qatar Insurance Group, we are reimagining insurance for the digital age by embedding advanced cloud infrastructure, AI, and data intelligence into every layer of our business. Our partnership with Google Cloud is a cornerstone of this journey, enabling us to deliver secure, scalable, and customer-centric solutions. This recognition at the Google Cloud Summit affirms our strategic commitment not only to digital excellence, but to leading the transformation of the financial sector across our region.'
He added, 'Initiatives like the Google Cloud Summit are necessary platforms for open collaboration where ideas, capital, and technology come together to accelerate meaningful change. We are proud to contribute to these conversations and to help shape a resilient, digital-first future for insurance and finance in the MENA region.'
QIC's participation in the Google Cloud Summit reinforced its position as a regional innovation leader, committed to evolving the insurance model through bold technological investments and cross-sector collaboration. As the industry continues to face new challenges and opportunities, Qatar Insurance Group remains focused on building a smarter, more agile, and future-ready financial ecosystem, both within Qatar and beyond.
'What we are accomplishing today through digital transformation and investment in innovation reflects our deep belief in Qatar National Vision 2030, which places knowledge and technology-based economic diversification at its core. The vision encourages impactful partnerships between the public and private sectors and at Qatar Insurance Group, we are committed to being a key pillar in this comprehensive national transformation,' concludedAl Mannai.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Qatar Tribune
15-07-2025
- Qatar Tribune
QIC wins ‘Customer Experience Initiative of the Year' title at Insurance Asia Awards
Tribune News Network Doha Qatar Insurance Company (QIC), the leading insurer in Qatar and the MENA region, has been awarded the 'Customer Experience Initiative of the Year in Qatar' title at the 2025 Insurance Asia Awards. The accolade was announced during the programme's annual awards ceremony held last week in Singapore, attended by representatives from leading insurers across the continent. This prestigious recognition underscores QIC's success in delivering a seamless and innovative customer journey through its QIC App, the company's flagship platform. Designed to cover the daily digital needs of everyone in Qatar, the app has significantly simplified users' experiences, enabling them to instantly understand their coverage needs, purchase policies in just a few clicks, and conveniently access a suite of non-insurance services related to everyday life. Commenting on the award, QIC Group CEO Salem Al Mannai said, 'We are honored to be recognized once again by one of the most respected insurance award programmes in Asia, and to see our solutions acknowledged by a panel of renowned industry experts. This achievement affirms the strength of QIC's digital strategy, and our ongoing commitment to enhancing the customer journey with cutting-edge, user-centric solutions. 'Our investment in digital innovation over the past few years has allowed us to consistently deliver better access to the best coverage for everyone in Qatar, and we look forward to building on this momentum and setting new benchmarks for digital excellence at local and regional levels.' QIC App is the first and only platform of its kind in Qatar, offering integrated insurance and non-insurance features through a single interface. Whether it's purchasing or managing policies, paying installments, or submitting and tracking claims, the app offers a comprehensive digital ecosystem for all insurance needs. QIC App also includes value-added solutions such as a car marketplace, car rentals, repair and detailing services, and other features designed to enhance convenience and peace of mind for customers across the country. Insurance Asia Magazine is a biannual publication based in Singapore, providing in-depth insights into the Asian insurance sector through news, interviews, and expert analysis. The magazine's Insurance Asia Awards is one of the most prestigious award programmes continent-wide, recognizing insurers that have achieved outstanding milestones, introduced innovations, and set new industrybenchmarks.

ILoveQatar.net
01-07-2025
- ILoveQatar.net
Qatar Insurance Group achieves highest possible rating from MSCI ESG Research
Qatar Insurance Group (QIC), the leading insurer in Qatar and the MENA region, has achieved the prestigious (p) 'AAA' ESG rating from MSCI ESG Research—the highest possible rating under MSCI's globally recognized environmental, social, and governance (ESG) framework. This exceptional milestone places QIC among the world's top-performing insurers for ESG excellence and governance resilience. It also solidifies QIC's position as the first company in Qatar and the only insurer in the MENA region to receive a provisional ESG 'AAA' rating from MSCI*, joining an elite group of property and casualty insurers worldwide to earn this distinction. A Testament to ESG Leadership Effective as of 22 May 2025, the rating highlights QIC's outstanding performance across key ESG pillars: Privacy & Data Security: Robust data protection measures, world-class cybersecurity infrastructure, and regulatory compliance. Human Capital Development: Strong employee engagement, inclusive talent strategies, and proactive feedback channels. Corporate Behavior: A well-established culture of ethical integrity, anti-corruption frameworks, and a governance track record free of controversies. Salem Al Mannai, QIC Group CEO, commented: The State of Qatar is a proud signatory to the Paris Agreement, and at QIC Group, we have aligned our sustainability strategy with the United Nations Sustainable Development Goals, the Qatar Stock Exchange's ESG reporting guidelines, and the Qatar Central Bank's directives to strengthen sustainable practices in the financial sector. We take great pride in being a model of excellence in sustainability and governance, both in Qatar and across the region. This national achievement is a testament to Qatar's advanced investment environment and a reflection of the professionalism and efficiency of the country's regulatory authorities—foremost among them the Qatar Central Bank, which has played a pivotal role in shaping the legislative and regulatory frameworks that empower institutions under its supervision to grow and thrive sustainably. Achieving MSCI's 'AAA' rating reaffirms our unwavering commitment to sustainability and robust governance. This recognition is a direct result of our clear strategy, disciplined operations, and the tireless efforts of our people to deliver world-class performance across all aspects of our business. In today's environment—shaped by climate risk, rising societal expectations, and increased investor focus—ESG excellence is no longer optional. It is a strategic priority that defines long-term value, resilience, and reputation. At QIC, we see ESG as more than a responsibility—it is an opportunity to lead with purpose, build trust, and contribute to the sustainable transformation of financial services in Qatar and across the region. MSCI's recognition further strengthens our resolve to set new benchmarks, continuously elevate our performance, and champion sustainable finance throughout MENA. Outperforming Regional and Global Peers With a weighted, industry-adjusted ESG score of 9.7, QIC significantly outperformed both regional and global industry averages, placing it among a select group of global peers that have achieved the 'AAA' rating. MSCI ESG Research specifically commended QIC for: Rigorous data privacy protocols aligned with global standards, complemented by regular security audits and employee training. Leadership in responsible investment, with transparent ESG policies covering the entire investment portfolio. A strong ethical framework, including anti-bribery, anti-money laundering, and whistleblower protections. Robust governance, with a highly independent board and dedicated audit, nomination, and compensation committees. Sustained Excellence Across ESG Priorities QIC's ESG success is built on long-term, integrated efforts across all areas of its business: Human Capital and Workplace Leadership 80% employee engagement score and a 90%+ retention rate. A diverse workforce representing 67 nationalities across six continents. Comprehensive benefits, regular performance reviews, and structured grievance mechanisms. Investment in talent development platforms that foster career growth and leadership visibility. Responsible Investment Pioneer The first insurer in MENA to publicly measure and disclose ESG risks across its entire investment portfolio. ESG investment scores nearly double the global industry average. Proactive targets for ESG ratings and carbon intensity reduction across key holdings. Data Protection and Cybersecurity Leadership The first regional insurer to voluntarily align with the EU's General Data Protection Regulation (GDPR). Advanced data classification, loss prevention technologies, and a proactive cybersecurity framework backed by regular internal and external audits. Leading Sustainable Insurance Practices The first insurer in MENA to sign the UNEP FI Principles for Sustainable Insurance (PSI), embedding sustainability into underwriting and risk management strategies. Meaningful Community and Environmental Action The first insurer in the region to launch a large-scale reforestation initiative, committing to plant one million trees across Qatar to support national climate goals and combat desertification. Active partnership with Qatar's Ministry of Environment and Climate Change (MoECC) to support the Third National Development Strategy (2024–2030), focusing on biodiversity preservation, carbon sequestration, and climate resilience. This forward-thinking project is expected to significantly enhance air quality, conserve water resources, protect local ecosystems, and contribute to Qatar's long-term environmental sustainability. This milestone is the result of a long-standing journey of commitment and dedicated work towards achieving the highest standards of sustainability. Qatar Insurance Group was the first insurance company in the Middle East to sign the Principles for Sustainable Insurance (PSI) under the United Nations Environment Programme Finance Initiative (UNEP-FI) last year, underscoring its leadership and pioneering role in this field. The Group remains firmly committed to supporting Qatar's national efforts to reduce greenhouse gas emissions by 25% by 2030, in line with the country's national strategy. QIC Group has also established a comprehensive ESG governance framework and developed a long-term strategy to embed sustainability principles into both its underwriting philosophy and asset management practices. To ensure these efforts are fully integrated across the Group, a dedicated Sustainability Committee has been established to lead this strategic direction and drive the achievement of its ambitious objectives. About MSCI ESG Ratings: MSCI is one of the world's leading ESG Ratings agencies. Its ESG Ratings aim to measure a company's management of financially relevant ESG risks and opportunities. The company uses a rules-based methodology to identify industry leaders and laggards according to their exposure to ESG risks and how well they manage those risks relative to peers. ESG Ratings range from leader (AAA, AA), average (A, BBB, BB) to laggard (B, CCC).


Qatar Tribune
30-06-2025
- Qatar Tribune
QIC achieves historic ‘AAA' ESG rating from MSCI, first in Qatar
Tribune News Network Doha Qatar Insurance Group (QIC) has achieved 'AAA' ESG rating from MSCI ESG Research—the highest possible rating under MSCI's globally recognized environmental, social, and governance (ESG) framework. This exceptional milestone places QIC among the world's top-performing insurers for ESG excellence and governance resilience. It also solidifies QIC's position as the first company in Qatar and the only insurer in the MENA region to receive a provisional ESG 'AAA' rating from MSCI*, joining an elite group of property and casualty insurers worldwide to earn this distinction. Effective 22 May 2025, QIC's ESG rating stands as a testament to its leadership in environmental, social, and governance performance. The recognition highlights the company's excellence across key pillars: its robust privacy and data security practices, underpinned by world-class cybersecurity infrastructure and strict regulatory compliance; a strong commitment to human capital development, reflected in inclusive talent strategies, active employee engagement, and open feedback mechanisms; and exemplary corporate behavior, marked by a deeply embedded culture of ethical integrity, comprehensive anti-corruption frameworks, and a governance record free of controversy. Salem Al Mannai, QIC Group CEO, commented:'The State of Qatar is a proud signatory to the Paris Agreement, and at QIC Group, we have aligned our sustainability strategy with the United Nations Sustainable Development Goals, the Qatar Stock Exchange's ESG reporting guidelines, and the Qatar Central Bank's directives to strengthen sustainable practices in the financial sector. We take great pride in being a model of excellence in sustainability and governance, both in Qatar and across the region. This national achievement is a testament to Qatar's advanced investment environment and a reflection of the professionalism and efficiency of the country's regulatory authorities—foremost among them the Qatar Central Bank, which has played a pivotal role in shaping the legislative and regulatory frameworks that empower institutions under its supervision to grow and thrive sustainably. Achieving MSCI's 'AAA' rating reaffirms our unwavering commitment to sustainability and robust governance. This recognition is a direct result of our clear strategy, disciplined operations, and the tireless efforts of our people to deliver world-class performance across all aspects of our business. In today's environment—shaped by climate risk, rising societal expectations, and increased investor focus—ESG excellence is no longer optional. It is a strategic priority that defines long-term value, resilience, and reputation. At QIC, we see ESG as more than a responsibility—it is an opportunity to lead with purpose, build trust, and contribute to the sustainable transformation of financial services in Qatar and across the region. MSCI's recognition further strengthens our resolve to set new benchmarks, continuously elevate our performance, and champion sustainable finance throughout MENA.' With a weighted, industry-adjusted ESG score of 9.7, QIC significantly outperformed both regional and global industry averages, placing it among a select group of global peers that have achieved the 'AAA' rating. MSCI ESG Research has commended QIC for its rigorous and globally aligned data privacy protocols, reinforced by regular security audits and comprehensive employee training. The company also stands out for its leadership in responsible investment, maintaining transparent ESG policies across its entire portfolio. QIC's strong ethical framework includes robust anti-bribery, anti-money laundering, and whistleblower protections, while its governance structure features a highly independent board supported by dedicated audit, nomination, and compensation committees. This recognition reflects QIC's sustained excellence across ESG priorities, underpinned by long-term, integrated efforts across all areas of its business. In human capital and workplace leadership, QIC reports an 80% employee engagement score and a retention rate exceeding 90%, supported by a diverse workforce spanning 67 nationalities, comprehensive benefits, structured performance reviews, and investment in talent development. As a responsible investment pioneer, QIC is the first insurer in MENA to publicly measure and disclose ESG risks across its entire portfolio, achieving ESG investment scores nearly double the global industry average and setting proactive targets for ESG ratings and carbon intensity reduction. In data protection and cybersecurity, QIC leads the region as the first insurer to voluntarily align with the EU's GDPR, implementing advanced data classification, loss prevention tools, and a robust cybersecurity framework audited both internally and externally. The company is also a frontrunner in sustainable insurance practices, being the first MENA insurer to sign the UNEP FI Principles for Sustainable Insurance and embedding sustainability into its underwriting and risk management strategies. Furthermore, QIC has taken meaningful community and environmental action, launching the region's first large-scale reforestation initiative with a pledge to plant one million trees across Qatar, and actively partnering with Qatar's Ministry of Environment and Climate Change to support the Third National Development Strategy (2024–2030), with a focus on biodiversity, carbon sequestration, and climate resilience. This forward-thinking project is expected to significantly enhance air quality, conserve water resources, protect local ecosystems, and contribute to Qatar's long-term environmental sustainability. This milestone is the result of a long-standing journey of commitment and dedicated work towards achieving the highest standards of sustainability. Qatar Insurance Group was the first insurance company in the Middle East to sign the Principles for Sustainable Insurance (PSI) under the United Nations Environment Programme Finance Initiative (UNEP-FI) last year, underscoring its leadership and pioneering role in this field. The Group remains firmly committed to supporting Qatar's national efforts to reduce greenhouse gas emissions by 25% by 2030, in line with the country's national strategy. QIC Group has also established a comprehensive ESG governance framework and developed a long-term strategy to embed sustainability principles into both its underwriting philosophy and asset management practices. To ensure these efforts are fully integrated across the Group, a dedicated Sustainability Committee has been established to lead this strategic direction and drive the achievement of its ambitious objectives.