First insurance company to achieve Government Accelerators program target

16th May 2017 Press Release

Abu Dhabi National Insurance Company (ADNIC), one of the leading regional multi-line insurance providers for corporates and individuals, has achieved its target for the UAE Government Accelerators program, by employing 10 Emirati talents during the first 100 days of the programme.

Upon recruitment, ADNIC in coordination with Emirates Institute of Banking and Financial Studies, enrolled all recruits in the skills development program of the institute designed to enhance technical knowledge and capabilities in the insurance sector. The program that started on  December 18, 2016, consists of courses covering all aspect of insurance and underwriting, using state–of-the-art learning tools and modules. The first batch of recruits has graduated successfully with top results.

Abdulla Al Nuaimi, Executive Vice President – Shared Services for ADNIC said: “Historically, ADNIC has been a leading private sector partner in implementing key government initiatives aimed at skills enrichment and development of human resources. The achievement of our Government Accelerators program target is testament to our ability to deploy resources quickly to support the national agenda and impart cutting edge training to Emirati professionals. We believe the Accelerators program will serve as force multiplier in bridging the skills gap in the regional finance and insurance sector.”

As part of the Accelerators Program, ADNIC has hired 10 Emirati talents in the first 100 days of the program, making it the first insurance company to achieve its target. The Ministry of Human Resources and Emiratisation, in partnership with the private sector, has been working with a target of providing 1,000 job opportunities for Emiratis inthe financial sector within 100 days.

Hani Hirzallah, Senior Vice-President – Human Resources and Administration for ADNIC said: “We are proud to have accomplished more than 100% of our target as part of the Government Accelerators program, which will empower the best talent in the country. At ADNIC, we have closely analysed the current skills gap in the industry and are now able to help our people acquire the necessary skills to become top quality technocrats in insurance.”

Government Accelerators ... a mechanism of action that simulates the future

The government accelerators are a future mechanism of action involving joint government, private and academic staff, focusing on key sectors and areas, to accelerate the achievement of the national agenda and accelerate the implementation of strategic government projects.

Accelerators provide services to support the participating government agencies to accelerate the achievement of the objectives of the national agenda in four areas: national indicators, policies, programs and initiatives, and government services to address the challenges and achievement of the objectives, taking advantage of global experiences and innovations. Leading to rapid results and ensuring their sustainability.