Credit Insurance Partner

Credit Insurance (PJSC) was established by UAE Federal Government and its founders, the governments of Abu Dhabi, Dubai, Ras Al Khaimah, Fujairah and Ajman. The company started its operations in February 2018. ECI plays a catalyst role in supporting the UAE's non-oil exports, trade, investments and strategic sectors development, in line with UAE Vision 2021 agenda.

It is tasked to accelerate and sustain national economic diversification as well as support the export and re-export of UAE goods, works, services, and the foreign investments of the UAE businesses as well as support the exporters in the domestic trade through a range of export credit, financing and investment insurance products.

To provide UAE businesses with solutions that meet their growth objectives locally and internationally, ECI builds a comprehensive platform of strategic partnerships across government, insurers, re-insurers, brokers, banks and lenders, regional and international Export Credit Agencies, governments and trade promotion agencies in addition to world organizations for economic development.

 

ECI has also been assigned Insurance Financial Strength (IFS) Rating and an Issuer Default Rating (IDR) of AA- (Very Strong) with Stable Outlook from Fitch Ratings.

 

Union Export Credit Company, a public joint stock company, was established by the Federal Government of the United Arab Emirates, the Government of the Emirate of Abu Dhabi, the Government of the Emirate of Dubai, the Government of the Emirate of Ras Al Khaimah, the Government of the Emirate of Fujairah and the Government of the Emirate of Ajman. The company started its operations in February 2018, and the company plays a catalytic role in supporting non-oil exports, trade and investments, and developing strategic sectors in the UAE in line with the national agenda of the UAE Vision 2021.

 

The company aims to accelerate the diversification of the national economy in addition to supporting the export and re-export of goods, works, services and foreign investments for Emirati companies and the protection of local commercial receivables for exporters, through a range of export credit insurance products, financing and investment.

 

ECI embraces providing companies in the UAE with solutions that meet their objectives at the local and international levels. The company also builds a comprehensive platform for strategic partnerships across government, insurance companies, reinsurance companies, brokers, banks and finance companies, as well as regional and international export credit agencies. governments, trade promotion agencies as well as global organizations involved in economic development.

Union Export Credit Company has been rated AA- (Very Strong) for Insurance Financial Strength and Credit Capacity with a stable outlook from Fitch Ratings Agency. This rating confirms the strength of the company's financial position and its ability to protect the country's exporters and investors when operating in the markets. Globalism.