Qatar UAE Exchange joins hands with Qatar Insurance Company, to give discounts on Motor, Travel and Home insurance. This offer is exclusive to the Cub Exclusive card customers of UAE Exchange living in Qatar.

Qatar-UAE Exchange ties up with Qatar Insurance Company

Qatar UAE Exchange has always been thoughtful in offering special benefits for its Club Exclusive card customers. Recently the remittance major has decided to tie up with Qatar Insurance Company to offer discounts on Travel, Home and Motor insurance schemes for its Club Exclusive card customers. MoU in this regard has been signed on the 1st of September, 2014.


“UAE Exchange has never run out of ideas to make its customers feel special. The tie up with Qatar Insurance Company Insurance not only benefits our Club Exclusive card customers by way of discounts, but also promotes better financial planning.” said Mr. Edison Fernandez, Country Head – Qatar UAE Exchange, on the occasion.

Qatar Insurance Company – , “We’re happy to be part of the exclusive scheme and feel it is the right fit for QIC with our strong brand and reputation for excellent customer and claims service” said Mr. Ali Al Fadala, Senior Deputy Group President and CEO – Qatar Insurance Group.

• Club Exclusive card customers of Qatar UAE Exchange get a 20% discount on Travel insurance, 15 % discount on Comprehensive Motor insurance policy and 20 % discount on Home insurance.

With over 9 branches in the country, customers can now walk into the nearest branch to address their multiple financial requirements like Money Transfer, foreign Currency Exchange, bill payments and salary disbursals. UAE Exchange is well known for its penchant for quality, which has won the brand many awards and recognition. To be the trusted neighbourhood brand to millions of customers,

UAE Exchange has aggressively spread its footprints, worldwide. Today it has the largest branch network in its class with over 700 direct offices across 31 countries. Its strong corresponding banking relationship with over 150 leading global banks adds to the might.

About QIC:

QIC is a publicly listed composite insurer with a consistent performance history of 50 years and an underwriting footprint across the Middle East, Africa and Asia. Founded in 1964, QIC was the first domestic insurance company in the State of Qatar. Today, QIC is the market leader in Qatar and a dominant insurer in the GCC & MENA region. QIC is one of the highest rated insurers in the Gulf region with a rating of “A/Stable” from Standard & Poor’s and “A/Excellent” by A.M. Best. In terms of profitability and market capitalization, QIC is also the largest insurance company in the MENA region. It is listed on the Qatar Exchange and has a market capitalization in excess of US$ 4.4 billion. For further information on QIC please visit