Watania International Holding Pjsc · DFM:WATANIA
Watania International Holding Pjsc — Dar Al Takaful — Investor Presentation (November 2015)
22 slides from Watania International Holding Pjsc's investor presentation, November 2015
Slide 1: Corporate Presentation
JoL4 iui yla Vie Dar Al Takaful Premium Islamic Insurance Viol potLwyl Wolill Corporate Presentation
Slide 2: Dar Al Takaful
Dar Al Takaful • Dar Al Takaful PJSC was established in 2008 with a paid up capital of AED 100 Million • Listed in Dubai Financial Market (DFM) • Promoter and major shareholder is Mawarid Finance (an AED 1bn capitalized Islamic Finance Company)
Slide 3: Mission and Vision
Mission and Vision Mission To deliver innovative Takaful products and value-added services built on sustainable lasting relationships within a Shariah compliant framework. Vision To be a leading Takaful company providing beneficial Takaful solutions to the public, supported by a solid financial foun
Slide 4: Board of Directors
Board of Directors Major General Abdulaziz Al Bannai (Rtd.) Chairman Saleh Al Hashimi Managing Director Yagub Bin Eisa Osama Ali Humaid Al Salah Ibrahim Bin Nasser Al Ibrahim Shehab Lutfi Owais Sharaf Serkal Member Member Siddiqi Member Member Member
Slide 5: Fatwa and Sharia Supervisory Board
Fatwa and Sharia Supervisory Board Dr. Shaikh. Mohammed Shaikh. Abdul Esam M. Rahim Al Ishaq Olama Member Chairman Dr. Mohamad AkramLaldi n Member
Slide 6: The Management
The Management Saleh AlHashimi (Managing Director) More than 16 years of experience in various managerial/ senior management positions - National Bank of Dubai (now Emirates NBD) in various positions; 5 years in Mawarid Finance (Founder, Board Member & Dy. CEO/Co-Managing Director) Abdul Salam Ali (
Slide 7: The Management
The Ajai Kumar Panicker (Senior Vice Management President – Technical) More than 30 years in the Insurance Industry in Managerial/Senior Management positions - Methaq Takaful, Axa Insurance, Allianz Saudi Fransi, Gulf Union Insurance & Reinsurance Co., National Insurance Co. Ayman Lidawi (Head of Sa
Slide 8: Takaful Model
Takaful Model Our Takaful Model combines Wakala (for underwriting) and Mudharaba (for investments) Participant (Insured) Net Contribution (premium) Benefits Investment Wakala Fee s (as % of contribution) (Claims) Participant’ Performan Reinsurance s Investment ce fee Fund profits (Mudabar ah) Shareh
Slide 9: Dar Al Takaful's Strength
Dar Al Takaful’s • Managed by a team of Strength professionals with wealth of experience • Backed by highly rated Re- Takaful companies • A robust, market tested, IT System • Well diversified distribution channels • Tailor made products
Slide 10: Managed by a team of professionals with wealth of experience
Managed by a team of professionals with wealth of • Underwriting Guidelines experience • Policies and Procedures • Risk Management Approach – Pre Risk Surveys • Highly Analytical and Actuarial Underwriting Approach to Motor & Medical Underwriting • Motor Tariff Factors – Sum Insured, Age of Driver,
Slide 11: Backed by highly rated Re-Takaful companies
Backed by highly rated Re-Takaful Panel of Reinsurers, among others, companies include: • GIC of India - Rated A-(Excellent) by A.M. Best • SCOR – Rated A+ by S & P • Hannover Re – Rated AA- (Very Backed by highly rated Re-Takaful Strong) by S & P, A+ (Superior) by A.M. companies Best • R+V, Germany
Slide 12: e-Bab
A robust, market State of the art online portal – e-Bab tested, IT System • For various channels like B2B (Brokers, agents, banks, rent a car companies, affinity groups, car dealers, fleet clients) • B2C (Direct Customers) • In House employees e-Bab • It facilitates high level of automation of under
Slide 13: Online Portal - e-Bab
A robust, market • Customised Schemes for Corporate tested, IT System clients • Referral and Secondary Tariff facilities. • Facility for Non-Financial Endorsements. • Facility to print policy related documents for all kinds of Policies and Endorsements. Online Portal – e- • Promotion for Free Travel
Slide 14: A robust, market tested, IT System
A robust, market tested, IT System
Slide 15: IT Strength and Capabilities
A robust, market • Robust and fully Integrated Core tested, IT System system Premia to allow seamless flow of information across enterprise. • Robust and fully Integrated Core system Premia to allow seamless flow of information across enterprise. • A State of the art Data Center which is IT Strength
Slide 16: IT Strength and Capabilities
A robust, market • Products with end to end Quotation/Policy issuance facility with tested, IT System automated tariff are : • Motor Comprehensive and TPL Products. IT Strength and • Premium Motor takaful for high value Capabilities vehicles. • Tailor made Schemes for various Brokers and Corporate C
Slide 17: A Wide Array of Products
A Wide Array • Motor Vehicle Takaful of Products • Medical Takaful • Fire & Property Takaful • Homeowners & Householder’s Takaful • Marine cargo & Inland Transit • Marine Hull Takaful • Workmen Compensation Takaful • Employer’s Liability Takaful • Contractors All Risk Takaful • Erection All Risk Tak
Slide 18: A Wide Array of Products
A Wide Array • Al Masa • General of Products • Mumtaz Cartage • Khaas • Rental • Third Party Liability • Trade Plate Motor Takaful - Tailor • Motor Made Products • TPL, Fire & Theft Campaigns • Motor Fleet • Motor Schemes • Commercial • Corporate
Slide 19: Motor Takaful Platforms
Motor Takaful Platforms • Motor Quick quote (B2C) from company website. • eBab (B2B) for Brokers and Agents • Premia (core – back office) • Mobile Application
Slide 20: Dar Al Takaful's Major Clients
Dar Al Takaful’s Major Clients Al Owais Group, Al Serkal Group ,Mustafa bin Abdullatif, Abdulsalam Al Rafi Group, Sheikh Mohammed bin Rashid Housing Program, Al Rais Group and more …
Slide 21: Claim Service - At customers service
Claim Service – At customers Dar Al Takaful’s Claims Department is service equipped to handle customer’s claim requirements with care, professionalism and in a timely manner. The Claims Center located in the heart of the city in Al Khaimah Building, Deira. Our staff with vast knowledge of claims ser
Slide 22: Thank you
Thank you 800-Takaful www.dat.ae
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