Dubai Chambers has signed a memorandum of understanding with UAE-based Sukoon Insurance to provide its Dubai Chamber of Commerce members with customised insurance, investment and employee benefit solutions.
Under the agreement, members will be able to access motor, travel, home, health, life, and property and casualty insurance, as well as investment solutions from Sukoon, according to the announcement.
The partnership will also offer End of Service Benefits solutions aimed at helping companies manage long-term gratuity liabilities through DFSA-regulated, capital-protected funds.
The two organisations will collaborate on knowledge sharing, product customisation and joint engagement initiatives. The work is intended to support the development of insurance and financial products aligned with the needs of chamber member companies.
Khalid AlJarwan, executive vice president of Commercial and Corporate Services at Dubai Chambers, said the agreement would give companies access to a broader range of financial solutions. Hammad Khan, interim CEO of Sukoon Insurance, said the company aims to provide customised and cost-efficient protection for businesses in Dubai.
Source: Zawya
