DNI signs exclusive partnership with UAE Cycling Federation
22 Apr 2022
Press release
DNI signs exclusive partnership with UAE Cycling Federation
Dubai National Insurance & Reinsurance (DNI), one of the leading Insurance Companies in UAE, has signed today a Memorandum of Understanding (MoU) with UAE Cycling Federation (UAECF), a non-profit sports organisation that promotes and encourages cycling in the country. Under the exclusive partnership, DNIR is named the official insurer for all cyclists registered with UAECF. The MoU was signed in the presence of Mr. Mohammed Al Habtoor, Board of Director, Dubai National Insurance & Reinsurance (DNIR)
Mr. Abdulla Al Nuaimi, CEO of Dubai National Insurance & Reinsurance (DNIR), said, "We are delighted to be the exclusive insurer for the UAECF, an organisation focussed in developing interest in sports activities among the youth and others in the country. The burgeoning cycling community plays an important role in reducing the country’s carbon footprint and helps enhance public health in line with our ruler’s vision. For this reason, we, at DNIR developed the Pedal Cycle Insurance Program to address specific requirements of avid riders and provide peace of mind to all cyclists.”
The Pedal Cycle Insurance Coverage will be mandatory for all cyclists registered under the UAECF. As an exclusive sponsor, DNIR will provide complimentary policies to UAECF Cyclists forming the National Team. DNIR will also work closely with UAECF in a communication campaign and through its events to promote Pedal Cycle insurance.
H.E. Mansoor Juma Buosaiba, UAE Cycling Federation (UAECF) said, “The safety and well-being of our members are of critical importance to us. For this reason, we signed this partnership with DNIR to better protect our registered members and ensure that cycling is as fun and safe as possible. We believe in having a dedicated cycling insurance policy to serve as a safety net for avid cyclists. Having a layer of protection from a reliable source will enhance the peace of mind during every ride.”
According to the Federal Competitiveness and Statistics Centre (FCS), Dubai had the most significant number of cyclists in the country, accounting for 47% of the total respondents to the “UAE: Cycling towards a sustainable nation" survey. The community is supported by the country’s leadership, through growing investment in cycling tracks and related infrastructure.
The ceremony was attended by Mr. Yasser Al Doukhi, Secretary General and Mr. Ahmed Al Mutaiwei, President Consultant and Head of Marketing Committee from UAECF, and Mr. OC Singh, Chief Technical Officer, Mr. Jijo Thomas, Chief Distribution Office, Mr. Sethu B., Head of Operations, Mr. Hassan Al Khuwaildi, Head of Business Support and Mr. Vinod VK, Head of Non Motor from DNIR.