Q-Life & Medical, a newly formed insurance group based in Qatar, has targeted a promising market in the region. Initially part of Qatar Insurance Co., Q-Life & Medical was formed around the need for life and medical insurance in the nation. According to company officials, the market for life and medical insurance in Qatar is untapped, which translates into a unique opportunity for tremendous growth. Whether the company can capitalize on this potential growth, however, is yet to be seen. As of now, the company is not offering any insurance…
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Insurance company coming to the Middle East to offer coverage to Palestinians
A new insurance company is being formed in the Middle East to cater to the Arab sector. Businessmen from Israel and Palestine have come together to create the company, which will compete in Israel’s insurance market. The as-yet-unnamed company is currently ramping up funds to meet Israeli regulations. Observers expect that the company will be fully operational by the end of next year. Thus far, the company has garnered a wealth of support from the Arab community. At launch, the company will offer elementary insurance as well as car and…
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