Etihad Credit Insurance, Markel International form strategic partnership

DUBAI, Etihad Credit Insurance, ECI, the UAE Federal export credit company, has signed a Memorandum of Understanding, MoU, with Markel International, a specialist commercial insurer.

The partnership will allow ECI, a federal government owned entity, to fulfill its mandate of assisting UAE businesses to drive in more growth and trade activity while also reinforcing its commitment to support the country’s non-oil diversification strategy. Under the MoU, ECI and Markel will cooperate to design and deliver comprehensive conventional trade credit insurance solutions and services to the UAE businesses, growing the non-oil export trade.

The MoU was signed by Massimo Falcioni, Chief Executive Officer of ECI, and Ewa Rose, Managing Director – Trade Credit, Political Risk and Surety, Markel International – in the presence of senior officials and representatives from both parties.

Source: Emirates News Agency