Rationale This report builds upon Finaccord's ground-breaking studies of this topic in other regions Methodology Primary research The survey includes more than 90 travel trade, transportation and financial organisations.
and the use of annual policies, many of which are held by business travellers, is growing Distribution through travel trade, transportation and financial organisations Summary of organisations researched Provision rates Availability of stand-alone travel cover from mainstream travel agents is seemingly universal Operating models The vast majority of distributors in the UAE choose to partner with a single, external underwriter Competitor share of partnerships Three insurers, led by AXA, account for more than 75% of schemes operated by the travel trade.
Wolters Kluwer Financial Services provides the compliance content, analytics, technology and services financial organisations need to meet various regulatory guidelines and to minimise risk," said Brian Longe, the company's president and CEO.
We are very excited to offer our securities solutions and services to meet the needs of financial organisations in the United Kingdom.
Other results showed that 46% of financial organisations
had flaws in their firewall performance while 31% had at least ten flaws that could be exploited in a digital attack.
Traditionally, financial organisations
have managed application and web site testing on a country-by-country basis However as more and more work is done globally, companies need to be able to develop and deploy applications worldwide.
and the use of annual policies, especially among regular business travellers, is growing Distribution through travel trade, transportation and financial organisations
Summary of organisations researched Provision rates Around 45% of relevant airlines have a travel insurance scheme Operating models The single external underwriter model accounts for more than 90% of all schemes Competitor share of partnerships More than three quarters of travel trade schemes are underwritten by either Chartis or MetLife Alico.
although many trips are relatively short-haul, and only involve travel to Saudi Arabia or the UAE Market for travel insurance and assistance Uptake remains low, especially among intra-regional travellers, although awareness is rising Finaccord estimates that this market is growing rapidly Distribution through travel trade, transportation and financial organisations
Summary of organisations researched Provision rates Around half of airlines can offer travel policies to passengers based in Qatar Operating models Several travel agents offer consumers a choice of travel insurance provider Competitor share of partnerships Global insurers account for around 60% of travel trade distribution.
In order to meet these objectives, the Omiris network was designed to be a totally integrated solution to the current difficulties financial organisations
face when conducting cross border trading.