Royal Center to boost insurance training in Kingdom

Mouhideb A. Al-Mouhideb, chairman of the board of directors of the Royal Center for Insurance Training & Consulting in Dubai, recently attended the convocation of its second batch of graduates who hold the fellowship certificate of the Chartered Insurance Institute (CII) in the UK.
Al-Mouhideb thanked Fareed Lutfi, secretary-general of UAE Insurance Society, and Hussein Al-Ajami, deputy director general and president of Insurance Studies Center at Bahrain Institute for Banking and Finance Studies, for their continuous support to the center.
He expressed his happiness over the graduation of 28 students from different Arab countries.
“Ever since its inception, our center has been providing world-class training in cooperation with outstanding regional and international institutions,” he said.
Al-Mouhideb said the center was instrumental in supplying qualified insurance personnel required by the UAE and other countries.
“We have conducted more than 150 training programs that benefited more than 400 trainees,” he said, adding that 100 of them have obtained diplomas from the British institute.
He said 60 graduates of the center had obtained diplomas in life and health insurance from the Institute of LOMA in the US while 47 received highest professional certificates from BCII.
Al-Mouhideb described the Saudi insurance market as the largest in the Arab world and disclosed plans to open the center’s branches in the Kingdom.
There are more than 100 licensed insurance companies in Saudi Arabia.
With its strategic geographical location in the business and financial hub of the Middle East, Royal Center has grown into a leading training and consulting organization for the insurance industry in the Middle East and North Africa region.
Royal Center has a strategic relationship and MOUs with a number of Insurance Regulatory bodies within the region. It is also a member of the Institute for Global Insurance Education.
Royal Center offers conventional and takaful insurance training courses in Arabic and English languages in association with Bahrain Institute of Banking and Finance (BIBF), that lead toward Intermediate, Advanced and Management diploma programs from BIBF as well as BIBF’s Professional Insurance Certificate program in Arabic, all of which are fully accredited by the prestigious Chartered Insurance Institute (CII), United Kingdom.
Royal Center has an exclusive strategic partnership with LOMA, the world’s largest life insurance qualifications provider, whereby it is the only institution offering LOMA learning programs and diplomas in Arabic.