IslamicFinance.de

National Takaful Company Watania has announced positive financial results in 2019, as the company's net profit increased to 13.1 million UAE dirhams, compared to 9.4 million dirhams in 2018. The company launched many new initiatives in 2019 to boost its overall performance, most of these initiatives focused on enhancing the levels of customer service. A new digital platform was launched that allows one of the fastest quotations and policy issuance system for motor business in the UAE market. The Company was among the first ones in UAE to subscribe to Blockchain technology to manage the motor claims recovery process. Chairman Dr. Ali Saeed Bin Harmal Al Dhaheri is confident that once the corona crisis is over and businesses start to get back to normal, Watania will be in a good position to seize the advantage.