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Anoud Technologies, QIC Group’s wholly owned subsidiary, named as a Global Top-Ten InsurTech Leader by ACORD and Alchemy Crew

Anoud Technologies LLC (Anoud Tech), a wholly-owned IT services subsidiary of QIC Group, the leading insurer in Qatar and the MENA region, has been named by ACORD and Alchemy Crew in the 2020 Top Ten Leaders with the greatest current and future ability to change the industry through InsurTech. ACORD is a non-profit organization in the insurance industry, while Alchemy Crew is a worldwide leader in InsurTech strategy. The “Top Ten InsurTech Leaders” was published on 15 December 2020 in Insider Engage, a digital hub of industry leaders within and outside of the insurance sector.

Anoud Tech was listed in the Top Ten InsurTech Leaders in the category of Global Ecosystem-Building. This category recognizes achievements in the development of robust networks, interconnected systems, and global digitization which are critical elements to facilitate the development of the insurance industry. Anoud Tech is recognized for its best-in-class Insurance IT platform called Anoud+. It provides insurers an efficient, comprehensive way to manage all aspects of their insurance programs.

Commenting on this accomplishment, Mr. Salem Khalaf Al Mannai, QIC Group CEO said: “We are thrilled for Anoud Tech to be named as a Top Ten InsurTech Leader. It recognizes the success of QIC Group’s business strategy of employing cutting-edge technologies in our insurance and reinsurance operations, and of marketing these capabilities to the insurance industry at large.”

Mr. Al Mannai added: “The ability to continuously to innovate and digitally transform our business model will be critical to maintaining our leadership position in the MENA region. IT will remain our focus going forward.”

About Anoud Tech

Established by QIC in 2020 in the Qatar Financial Centre, Anoud Tech was the first fully incorporated Fintech Company in Qatar. Anoud Tech – through its close collaboration with Swiss Re, the world’s largest reinsurance company, offers the Anoud+ Platform to insurers across the world.