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26 April 2024

DMCC launches health cover for free zone members

Published
By Wam

DMCC, the global gateway for commodity trade and enterprise in Dubai and the region, in conjunction with Insure Direct (Brokers) LLC, a Jardine Lloyd Thompson Group company, and the National Health Insurance Company - Daman, on Monday launched an exclusive health insurance solution for all DMCC’s Free Zone member companies.

Gautam Sashittal, Chief Executive Officer, DMCC, commented, "A key element of DMCC’s long-term Free Zone strategy is our commitment to provide member companies with the products and services they require to innovate, grow and succeed here in Dubai."

"We are pleased to announce that the DMCC Free Zone is able to offer all members - whether a startup, SME or large corporation - in collaboration with Insure Direct (Brokers) LLC and Daman, access to an exclusive health insurance solution usually only available to large corporates. There are several packages to choose from with some benefits included such as pre-existing conditions coverage and fixed premiums for all age categories," added Krysta Fox, Director of Free Zone, DMCC.

Providing this exclusive health insurance solution for its member companies has been high on the DMCC’s agenda, especially as the new Emirate-wide health strategy governed by the Dubai Health Authority is set to take effect next month.

The health insurance solution has been made for DMCC’s members so that startups and SMEs can take advantage of insurance solutions and comprehensive benefits that are usually only available to large corporates. While there are several options to choose from, all policy holders will benefit from pre-existing conditions coverage and fixed premiums for all age categories.

Kenneth Maw, Managing Director, Insure Direct (Brokers) LLC, said, "As a part of the Jardine Lloyd Thompson group of companies, we are one of the world’s largest providers of insurance, reinsurance and employee benefits related advice, brokerage and associated services. Partnering with DMCC and Daman allows us to broaden our network to offer comprehensive and cost-effective solutions that complies with the DMCC Free Zone regulations as well as the forthcoming health insurance law of Dubai."

Dr. Sven Rohte, Chief Commercial Officer, Daman, commented, "We are pleased to collaborate with DMCC and Insure Direct (Brokers) LLC to offer health insurance plans to DMCC Free Zone member companies of all sizes. This new collaboration will provide members with health insurance solutions that are bespoke and relevant to their needs."