Sunday, May 8, 2016

KQIC adds KNET payment mode for its personal insurances

Kuwait - Sunday, May 8th 2016 [ME NewsWire]
Hassan Al-Jaidah, CEO, Kuwait Qatar Insurance Company (Photo: ME NewsWire)
KQIC Insured, a premier insurer in Kuwait yesterday announced the launch of a new electronic payment service for purchasing personal insurances online; customers can now log onto, select the insurance cover and pay via KNET

Speaking on the launch of this added service, Mr. Hassan Al-Jaidah, CEO of KQIC stated, “As part of our ongoing improvements and adaptations to our customers’ expectations and market demands, we are pleased to introduce the option of paying for personal insurances online via KNET”

He further explained, “According to a BCG report, 75% of insurance purchases are expected to be via online channels by 2020; and by adding KNET as a payment option for our online portal, we have made our personal insurance products more accessible and payment options easier”

Commenting on the strategy behind this added feature, Mr. Frederik Bisbjerg, Executive Vice President MENA Retail remarked, “Adding KNET as a payment option is part of a natural progression and we’re happy to offer this additional convenience to our customers; we constantly strive to make being a customer with KQIC Insured as easy and hassle-free as possible, from quote to claim, and this is yet another milestone in our journey"

Last year KQIC Insured revolutionized its personal insurance offerings with the launch of a new, user friendly and interactive online insurance platform; customers can buy their personal insurances in a very easy way; there’s no need for visiting a KQIC Insured branch to get a policy – all can be done online and in minutes

About KQIC:

Established in 2004, Kuwait Qatar Insurance Company (KQIC) is a subsidiary of Qatar Insurance Group. KQIC offers both conventional insurance and Takaful products and believes in delivering innovative retail solutions for Home, Travel and Car insurances to every segment of its customer base. KQIC serves as a conduit in providing insurance services across the GCC and helps connect overseas insurance interests through its global network. KQIC is a subsidiary of Qatar Insurance Group, which has a global underwriting footprint spread across all continents.

About KQIC Insured:

KQIC Insured is the retail brand for personal insurance offerings from KQIC. KQIC Insured’s new universe can be experienced at


Sinchita Mukherjee, +974 44962 349

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