11 September, 2017: The Middle East and North Africa Business Aviation Association (MEBAA) is pleased to announce the launch of MEBAA Insurance to offer its members a suite of insurance products along side the aviation product. Developed by MEBAA in partnership with RFIB, one of the leading London market reinsurance brokers and Surety Global Limited a UK based risk management consultancy, the insurance suite has been specifically tailored to address MEBAA members’ immediate needs.
In a fast changing world that can see unexpected turbulence or the rise of new emerging risks such as cyber threats, MEBAA is committed to providing its members with the best market solutions that can provide real time insight, protection and viable alternative competitive solutions.
MEBAA Insurance is backed by an (A) rated London reinsurer Tokyo Marine Kiln (TMK), one of the renowned reinsurance leaders in the London Insurance Market. With such high quality backing, MEBAA members are offered a rock solid one shop stop security that will be delivered at a competitive and specially negotiated price to MEBAA members.
To meet the demands of the digital age, MEBAA Insurance includes a bespoke package including both cyber security and insurance to help members to understand cyber threats and secure their technology. In addition, it enables them to provide the requisite staff training to ensure they have the necessary skills to face such threats.
Ali Alnaqbi, Founding & Executive Chairman of MEBAA, said, “MEBAA has always prided itself on providing true value to its members. With the launch of this latest insurance product we are aiming to offer them the ideal solution to their needs with solid industry-leading backing.”
He continues, “I am proud to be able to add this to our services and would like to thank the team of dedicated experts from TMK, RFIB and Surety Global that have helped us to bring this unique offering into fruition for our members.”
The Middle East and North Africa Business Aviation Association (MEBAA) is the official representative of the business aviation industry in the Middle East and North Africa (MENA) region and is a member of the International Business Aviation Council (IBAC). MEBAA is a non-profit association established in 2006 with the mission to provide a platform for members of the business aviation industry in the MENA region to gather, understand and communicate the needs and benefits of the industry.
As part of its current growth strategy, MEBAA seeks to implement operational safety and efficiency by providing best in-practice training, lectures and conferences, establishing codes of conduct, and providing industry data. Today, MEBAA represents over 255 companies within the MENA region and provides a number of products and services to its members, including MEBAA Insurance, one stop shop. In addition to various networking events, MEBAA hosts the MEBAA Show, which ranks as the third largest business aviation show in the world and MEBAA Show Morocco.
For more information, please visit MEBAA’s website on www.mebaa.com
About MEBAA Insurance
MEBAA Insurance is a diversified product offered to MEBAA members to provide them with the best competitive market solutions, real time insight, protection and is a one stop shop offering. MEBAA Insurance includes aviation, cyber, medial and property. It is backed by an (A) rated London reinsurer Tokyo Marine Kiln (TMK), one of the renowned reinsurance leaders in the London Insurance Market.
For more information, please visit www.mebaa.com