"When truth is hurled against falsehood, falsehood perishes, for falsehood by its nature is bound to perish". Ch. 21, V.18, Holy Quran.

Wednesday, December 28, 2011

Insurance Foundation Certificate Examination (IFCE) Course - Jeddah December, 2011





Sitting from left –Hamad Al-Tamrah, Faculty Staff Member, Mohammed Shabeeb Thelath, Claims Officer Mohammed Sadullah Khan, Faculty Member (Trainer),Captain Tariq Mahmood Kazi, Marine Surveyor, Syed Sawood Pasha, Sales Executive,Captain Zahid Raza, Surveyor & Loss Adjuster         
Standing in the first row from left - Rodante M. Cruz, Insruance Co-ordinator,Eduaardo O. Morales, Medical Insurane Co-ordinator, Syed Mustafa Hussain, Medical Claims Co-ordinator
Mustafa C. Mohammed, Loss Adjuster, Noor Ul Qamar, Surveyor & Loss Adjuster, Chakki Parambath Ibrahim, Loss Adjuster,Captain Qazi Imran-ul-Haq, Surveyor & Loss Adjuster
Standing in the second row from left - Afif A. Makke, Account Executive
Muhammad Asad M. Azam, Surveyor, Mohamed Farid Rudainy, Claims Supervisor (not in this picture)














Non-Financial Risk Management Course - 2011 for Certified Financial Planning Program at Jeddah



From left - Sulaiman O. Al-Khishi, Relationship Manager,Al-Sharif Hasim Al Ghalib, Vice President
Ahmed Nihad Hassounah, Relationship Manager,Mohammed Sadullah Khan, Faculty Member (Trainer)
Ahmed K. Al-Moziri, Relationship Manager,Sami Y. Al-Harthy, Branch Manager
Abdullah I. Al Dokhi,Relationship Manager,Abdulaziz M. Al-Taisan, Branch Manager



Non-Financial Risk Management is a part of one of the six modules of The Certified Personal Financial Planning Program (CPFP) conducted by The Institute of Banking, Kingdom of Saudi Arabia

Saturday, October 22, 2011

IFCE Training at Carlton Hotel , Dammam - Khobar Highway

20062011764.jpg

During the Training Session - 18/06/2011 to 21/06/2011

Tuesday, July 5, 2011

List of Insurance Companies in Saudi Arabia

No. Company name Tel. Fax H.O Postal Code P.O.Box


1 National Company for Cooperative Insurance (NCCI) 01/2180100         01/2180100               01/2180102         Riyadh 11632 86959

2 BUPA Arabia for Cooperative Insurance 02/6636936         02/6636936               02/6634613         02/6634613 Jeddah 21436 23807

3 Saudi Arabian cooperative  Insurance Company (SAICO) 01/4759922         01/4759922               01/4751140         01/4751140 Riyadh 11457 29397

4 The Mediterranean & Gulf Cooperative Insurance & Reinsurance Company (MedGulf) 01/4779229         01/4779229               01/4789219         01/4789219
Riyadh 11451 2302

5 Gulf Union Cooperative Insurance Company 03/8333544         03/8333544               03/8333517         03/8333517 Dammam 31432 5719

6 Arabian Shield cooperative Insurance 01/4645943         01/4645943               01/4631294         01/4631294 Riyadh 11565 61352

7 United Cooperative Assurance Company (UCA) 02/6532776         02/6532776               02/6511936         02/6511936 Jeddah 21422 5019

8 Al Sagr Company for Cooperative Insurance 03/8595363         03/8595363               03/8595490         03/8595490 Al Kubar 31952 3501

9 Al Alamiya Insurance Company 02/6927085         02/6927085               02/6927125         02/6927125 Jeddah 21451 2374

10 Arabia Insurance Cooperative Company 01/2153360         01/2153360               01/2153197         01/2153197 Riyadh 11323 286555

11 Saudi Indian company for cooperative Insurance 01/2150983         01/2150983               01/2150984         01/2150984 Riyadh 11593 34143

12 AXA Cooperative Insurance Company 01/4780282         01/4780282               01/4773097         01/4773097 Riyadh 11475 21044

13 Trade Union cooperative Insurance Company 03/8572222         03/8572222               03/8580056         03/8580056 Al Kubar 31952 1022

14 Allied Cooperative Insurance Group(ACIG) 02/6574999         02/6574999               02/6576643         02/6576643 Jeddah 21464 7076

15 Sanad for Cooperative Insurance & Reinsurance 01/4776898         01/4776898               01/4782884         01/4782884 Riyadh 11417 27477

16 Al-Ahlia Cooperative Insurance Company 01/4726666         01/4726666               01/4771608         01/4771608 Riyadh 11312 939

17 Assurance Saudi France 01/2176915         01/2176915               01/2176916         01/2176916 Riyadh 11481 3540

18 American group and Arabian National bank (AIG- ANB) for Corporative Insurance (ALICO) 02/2830555         02/2830555               02/2830360         02/2830360
Jeddah 21434 14676

19 Saudi IAIC for cooperative  Insurance(SALAMA) 02/6647877         02/6647877               02/6647387         02/6647387 Jeddah 21332 122392

20 Al Rajhi Company for Cooperative Insurance 01/4730477         01/4730477               01/4730462         01/4730462 Riyadh 11517 67791

21 Malath Cooperative Insurance & Reinsurance Company 01/4168222         01/4168222               01/4168333         01/4168333 Riyadh 11625 99763

22 Ace Arabia Insurance Company 03/8324441         03/8324441 03/849389
Dammam 31411 276

23 Gulf general Insurance Company 02/6516610         02/6516610               02/6511720         02/6511720 Jeddah 21441 1866

24 AMANA for Cooperative Insurance 01/4757700         01/4757700               01/4757722         01/4757722 Riyadh 11427 27986

25 Saudi United  Cooperative Insurance  (WALA'A) 03/8652200         03/8652200               03/8658855         03/8658855 Al Kubar 31616 31952

List of Hospitals in Saudi Arabia

Name Region City Phone Fax


King Faisal Specialist Hospital and Research Center Riyadh Riyadh 4647272 4424865

Hospital / Ahmed Abanumay  Riyadh Riyadh 2407778 2403726

Falah International Hospital Riyadh Riyadh 4463737 4483608

Kingdom Hospital Riyadh Riyadh 2751111 2750234

Obeid Specialized Hospital Branch United Medical Projects Riyadh Riyadh 14767222 12065783

Mubarak Hospital Riyadh Riyadh 14015282 14015018

Al Hammadi Hospital Riyadh Riyadh 4643312 4640506

Sultan Bin Abdulaziz City for Humanitarian Services Riyadh Riyadh 15620000 15624660

Find a consultant Hospital Directors of Development and the Moroccan medical Riyadh Riyadh 4455555 4454850

International Family Hospital Riyadh Riyadh 4311111 4324855

Saudi British Hospital Riyadh Riyadh 4636666 2012532

Hospital Gavl International Riyadh Riyadh 4322222 4312799

King Abdulaziz Medical City in Riyadh Riyadh Riyadh 2520088 2521752

Flower Hospital Medical Riyadh Riyadh 2366788 2366703

Hospital / Dr. Abdulrahman Al Mishari Riyadh Riyadh 4657700 4625040

King Fahd Medical City Riyadh Riyadh 12889999 14614006

Island hospital medical Riyadh Riyadh 12313303 12337232

Hospital Doctor / Sulaiman Al-Habib Riyadh Riyadh 14909999 14904444

Hospital dermis of the skin and cosmetic surgery Riyadh Riyadh 14660000 14623327

National Hospital Riyadh Riyadh 4761211 4767546

Riyadh Care Hospital  Riyadh Riyadh 4933000 4932582

Hospital House Batterjee and d / Zouhair Sibai Medical Riyadh Riyadh 12685555 14873001

Dallah Hospital Riyadh Riyadh 4702777 4702725

Hospital elite  Riyadh Riyadh 2885444 4651211

Specialized Medical Center Hospital Riyadh Riyadh 4164000 4160300

Dar Al Shifa Hospital, Al-Ahli Riyadh Riyadh 14012029 14038343

Barrow Medical Hospital Riyadh Riyadh 14999000 14998000

Ghori Hospital Riyadh Riyadh 4640800 4621554

Green Crescent Hospital Riyadh Riyadh 4644434 4645559

Abdul Latif Jameel Hospital for Medical Rehabilitation (76) bed Mecca Jeddah 6770001 6770009

Bugshan General Hospital Mecca Jeddah 26691222 26656061

Hospital Life Mecca Jeddah 26370707 26374363

Moroccan Eye Hospital (30) bed Mecca Jeddah 26365000 26366164

Hospital future medical Mecca Jeddah 26875255 26875776

Old National Hospital, Jeddah, Jeddah Mecca Jeddah 6313131 6323142

Saudi German Hospital Mecca Jeddah 26829000 26835874

Hospital Doctor / Suleiman Faqih  Mecca Jeddah 26655000 26608013

International Medical Center Ltd. Mecca Jeddah 6509000 26509659

Hospital and Dr. Irfan Bagedo  Mecca Jeddah 26820022 26917747

University Hospital district  Mecca Jeddah 26806666 26803380

Hospital, Jeddah, the new national Mecca Jeddah 6675000 26694896

United Doctors Hospital  Mecca Jeddah 26533333 26520478

Hospital Abu   Znadeh Mecca Jeddah 6510652 6510648

Zafer Hospital (30) bed Mecca Jeddah 26256666 26244135

Al Ahli Jeddah Hospital Mecca Jeddah 6710040 6727909

Hospital, Dr. Abdullah Mohammed Saem El-Dahr Mecca Jeddah 26754444 26730408

Hospital   Halle Isa bin Laden Mecca Jeddah 26603332 26635545

King Abdulaziz Medical City in Jeddah Mecca Jeddah 2520088 2521752

D Hospital. Bakhsh  Mecca Jeddah 6510666/6500087 6518939/6586970

Ibn Sina Hospital, Faculty of Medical Sciences, civil (100) bed Mecca Jeddah 6355566 2682888

Aljdani new hospital (103) bed Mecca Jeddah 6368100 6360352

Hospital red  Mecca Jeddah 26653939 26605590

Saudi Hospital in Jeddah Mecca Jeddah 26711831 26726890

Hospital Aljdani   Mecca Jeddah 26772221 26939500

Hospital d / Hassan Amin Ghazawi (30) bed Mecca Jeddah 26636333 26650488

Hospital, Dr. Khalid Idriss & Co. Mecca Jeddah 26423555 26430478

International Peace Hospital (50) bed Mecca Jeddah 6970000 6974955

Hospital d / Ghassan Najeeb Pharaon General Mecca Jeddah 26823200 26912959

Peninsula Hospital   in Jeddah Mecca Jeddah 6402773 6405991

Al Zahra Hospital in Jeddah Mecca Jeddah 26823331 26829922

Al Ansar Hospital Mecca Jeddah 6825105 6820078

King Faisal Specialist Hospital and Research Center in Jeddah Mecca Jeddah 26677777 26698934

King Abdulaziz Hospital - Ministry of Health Mecca Mecca 5442400 5424449

Shifa Hospital Mecca Mecca 025369779/5333555 25379175

High-hospital medical Mecca Mecca 25454455 25459077

Hospital Mohammed Saleh Bashrahil Mecca Mecca 25204444 25200779

Al Salam Hospital Medical Mecca Mecca 25772222 25770001

D Hospital. Abdulrahman Taha Bakhsh Mecca Mecca 25222222 25206049

Tunisian hospital Alawi and his brothers Mecca Mecca 25587777 25564235

Saudi Ahli Hospital Mecca Mecca 25562177 25562042

Hospital / medical company, or Villages Mecca Mecca 25376767 25391993

Mercy Hospital  Medina Medina 48272777 48269928

City Hospital National Medina Medina 48444444 48484316

Description of the Medical City Hospital Medina Medina 48280000 48282000

BMC Medical House Company - Saudi German Hospital Medina Medina 48406000 48407000

Zahra Private Hospital Medina Medina 48488808 48487995

Civil Hospital, Dar Medina Medina 48677777 48677500

Hamid Sulaiman Al-Ahmadi Hospital Medina Medina 48363332 48362996

Sympathy and hospital centers Morocco Medina Medina 8422211 8423420

Yousuf Al Khobar Hospital East News 38642751 38642731

Hospital safety news East News 8641011 8641417

Hospital Mohammed Dosari news East News 8945524 8950735

Mana General Hospital news East News 38945454 38980694

Aston General Hospital in Dammam East News 8590024 8576808

Company specialized hospital care news East News 38955900 38955910

Saad Specialist Hospital, Al Khobar East News 38826666 38011996

Hospital d / Fakhry and Al Rajhi news East News 38954960 38641960

Hospital to meet Qassim Onaiza 3636600 3634400

Secretary-Ahli Hospital Mecca Taif 27366416 27366676

Aggressive Ahli Hospital Mecca Taif 27340000 27380032

Rashid Hospital General Hail Hail 65332222 65432041

King Khaled Hospital - Ministry of Health Hail Hail 5328888 5334169

Women's Hospital and children - the Ministry of Health Hail Hail 5437007 5435004

King Fahd Hospital Hofuf - Ministry of Health East Ahsa 5750000 5751428

Abdulaziz Al Mousa Al Ahsa Hospital East Ahsa 35307000 35304440

Obeid Hospital East Ahsa 35303333 35305472

Ahsa Hospital - Centre Morocco East Ahsa 35844000 35868900

King Abdulaziz Medical City Al Ahsa East Ahsa 5910000 5910000 # 4044

Hospital, General Mana-Ahsa East Ahsa 35887000 35880100

Hospital, Dr. Sulaiman Al Habib Qassim Buraydah 63166666 63810172

National Hospital, Qassim  Qassim Buraydah 63836100 63836200

Fraih hospital for the birth Buraidah Qassim Buraydah 63245501 63260461

King Fahd Hospital   - Ministry of Health Qassim Buraydah 3242250 3246101

Consolation Hospital - Jubail East Jubail 33490000 33481905

Jubail Hospital - Ministry of Health East Jubail 3622233 3621161

Shabana General Hospital, Jubail East Jubail 33623800 33611520

Mana General Hospital in Jubail East Jubail 33412000 33417794

Rass Zayed Al Ahli Hospital Qassim Rass 3330077 3336006

 Hospital Samir Ibrahim levels Medina Yanbu 3915000 3915003

Hospital Ansari, Mahmoud Manzalawi Medina Yanbu Industrial 3926444 3924727

Medical Center of the Royal Commission in Yanbu Industrial Medina Yanbu Industrial 43937900 43925260

Yanbu National Hospital for medical services Medina Yanbu Industrial 43962000 43960002

National Hospital life Difficult Khamis Mushayt 72334444 72332222

House BMC Medical Co., Ltd. Difficult Khamis Mushayt 72355000 72354500

Hospital Dr. Ghassan Najeeb Pharaon Hospital branch Ghassan Difficult Khamis Mushayt 72200002 72222739

Al-Ahli Hospital Difficult Khamis Mushayt 72350000 72220460

Company hospitals and medical centers, Morocco Difficult Khamis Mushayt 2355555 2356666

D Hospital. Noor Mohammed Khan General - drilling subcontractor East Drilling subcontractor 7225550 7221417

King Khaled Hospital -   Ministry of Health East Drilling subcontractor 7213738 7213808

Consolation Hospital Qatif East Qatif 38512222 38552244

Zahra General Hospital - Qatif  East Qatif 38555000 38555111

King Abdullah bin Abdulaziz - Ministry of Health Difficult Bisha 6224414 7622405

King Khaled Hospital -   Ministry of Health Tabuk Tabuk 4220400 4223036

Maternity hospital and children   -   the Ministry of Health Tabuk Tabuk 4239544 4239544

Company Hospital, Prince Fahd bin Sultan Tabuk Tabuk 4280444 4226914

King Fahad Hospital, Al Baha - Ministry of Health Patio Patio 77254000 77251732

Mercy Hospital Difficult Abha 72282020 72265323

Abha Private Hospital Difficult Abha 72292222 72244801

Specialist hospital for women and babies and kids Difficult Abha 72258000 72256996

Khafji Khafji National Hospital East Khafji 37661111 37663356

Hospital sincere Bséat East Saihat 8500160 8503127

Prince Abdul Rahman Hospital Sudairy Biskaka - Ministry of Health Jouf Sakaka 6247200 6241133

Hospital medications for medical services   in Dammam East Dammam 8348777 8347818

Kindergarten General Hospital - Dammam East Dammam 38346555 38341991

Consolation Hospital in Dammam East Dammam 8200000 8203436

Mana General Hospital in Dammam East Dammam 38262111 38274747

Center for Medicine and Saud Al-heart surgery East Dammam 38155685 38155686

Hospital victorious Najran Najran 75235000 75223740

King Khaled Hospital - Ministry of Health Najran Najran 5224116 5224104

Women's Hospital and children - the Ministry of Health Najran Najran 5295000 5293891

Royal Commission Hospital in Jubail East Jubail Industrial 33464000 33462993

General Hospital, a boy - Ministry of Health Jazan Sbia 3261344 3261400

Abris Ahli Hospital Jazan Sbia 73266633 73261776

Safa Yanbu Hospital Medina Yanbu 43910000 43918004

Mazda General Hospital - Ministry of Health Jouf Mazda 6424712 6424972

Ghadran General Hospital Patio Beljarshy 77224470 77224142

Husseini Hospital / Dawadmi Riyadh Dawadmi 16421838 16430387

Maka Al-Ahli Hospital Besamth Jazan Samtah 73320333 73322259

Tarif Hospital - Ministry of Health The northern border Tarif 6521822 6521822

Al Ahli Hospital, Al Quoz Mecca Al Quoz 77332065 77332048

Duba's Hospital - Ministry of Health Tabuk Duba 4320900 4320948

ISO Quality Ahli Hospital Difficult Asir 72856666 72851265

Hospital Sarat Ubaida   - Ministry of Health Difficult Sarat Ubaida 2590159 2590210

René General Hospital - Ministry of Health Mecca Rene 8421166 8420084

Renaissance Ahli Hospital Mecca Hawiye 27250600 27251584

General Insurance Companies in India

Bajaj Allianz General Insurance Co. Ltd. Tel : 020-6602 6666

Fax: 020-6602 6667

GE Plaza, Airport Road, Yerawada,   Pune411 006.


ICICI Lombard General Insurance Co. Ltd.

Tel : 022-24906999

Zenith House, Fax: 022-24927624

Keshavrao Khade Marg,Mahalaxmi

MUMBAI-400 034.


IFFCO Tokio General Insurance Co. Ltd. Tel : 0124-2850100

Fax: 0124-2577923-2577924

4 and 5th Floors, IFFCO Tower, Plot No.3, Sector 29,

GURGAON-122001

(Haryana)


National Insurance Co.Ltd. Tel : 033-22831705 to 9

Fax : 033-22831712

3, Middleton Street, P.B. No. 9229,   KOLKATA 700 071.


The New India Assurance Co. Ltd. Tel: 022-22674617 - 22,

Fax: 022-22652811

New India Assurance Bldg. 87, M.G. Road, Fort, Email: cmd. nia@newindia.co.in

Mumbai 400 001. Web-site: http://www.newindia.co.in/


The Oriental Insurance Co. Ltd. Tel :011-23279221-25

Direct:23265024

A-25/27, Asaf Ali Road Fax: 23287192,23287193, 23283971

New Delhi 110 002.


Reliance General Insurance Co. Ltd. Tel.No.022-30479602

Board no:022-30479600

570, Naigaum Cross Road , Fax. No.022-330479650

Next to Royal Industrial Estate, Wadala(West),

MUMBAI – 400 031  


Royal Sundaram Alliance Insurance Co. Ltd Tel: 044-42227373

"Sundaram Towers" 45-46, Whites Road, Royapetah Fax: 044-28517376

CHENNAI-600 014. Email:ajay.bimbhet@in.royalsun.com

Web-site: ww.royalsundaram.com


Tata AIG General Insurance Co. Ltd. Tel : 022-66699696

Peninsula Corporate Park, Fax: 022-56546464

Nicholas Piramal Tower, 9th Floor

Ganpatrao Kadam Marg Email: gaurav.garg@tata-aig.com

Lower Parel Web-site: www.tata-aiggeneral.com

MUMBAI 400 013.


United India Insurance Co. Ltd.

Tel : 044-28520161

24, Whites Road Fax : 044-28523825

CHENNAI – 600 014.


Cholamandalam MS General Insurance Co. Ltd.

"Dare House" 2nd Floor, New No.2 (Old No. 234) N.S.C. Bose Road, Tel : 044-42166000

Chennai - 600 001 Fax : 044-42166001


HDFC ERGO General Insurance Co. Ltd.

6th Floor, Leela Business Park, Andheri Kurla Road, Tel  : 022-6638 3600

Andheri (East), Fax : 022-6638 3699

Mumbai - 400 059.


Export Credit Guarantee Corporation of India Ltd. Tel  :

10th Floor, Express Towers, 022-56590512-515

Nariman Point, Fax : 022-56590517

Mumbai – 400021         022-56590530


Agriculture Insurance Co. of India Ltd.

13th Floor, 14 K.G. Marg, Tel  :011-46869800,

Connaught Place, Fax : 011-46869815

New Delhi - 110001 Email: aicho@aicofindia.com

Web-site: http://www.aicofindia.com/


Star Health and Allied Insurance Company Limited Tel  :044-28260053,

No.1, New Tank Street, Fax :044-28260062

Vlluvarkottam High Road,

Nungambakkam,

Chennai - 600 034


Apollo Munich Health Insurance Company Limited Tel No: +91-124-4584100

Building No. 10B,

10th Floor

DLF Cybercity

Gurgaon 122001

Haryana, India


Future Generali India Insurance Company Limited Telephone No.:

001, Trade Plaza, Ground Floor, -10694

414, Veer Sarvarkar Marg,

Prabhadevi, Mumbai 400 025 Fax No.: +91-22-40976868


Universal Sompo General Insurance Co. Ltd.  Tele. No.- 022-4028 7777

310-311, Trade Centre, Fax No.-022-4028 7781

Opp. MTNL Building,

Bandra Kurla Complex,

Bandra(E)

Mumbai-400 051.


Shriram General Insurance Company Limited, Tele. No.- 0141-3928400, 898,

E-8, EPIP, RIICO Industrial Area,

Sitapura, 900, 902

Fax No.-0141-2770693,692

Jaipur-302022 (Rajasthan)


Bharti AXA General Insurance Company Limited Phone no:080-40260100  

First Floor, The Ferns Icon

Fax. No 080-40260101

Survey No.28, Next to Akme Ballet

www.bharti-axagi.co.in

Doddanekundi, Off Outer Ring Road

Bangalore – 560 037


Raheja QBE General Insurance Company Limited, Phone No. 022-4231 3888

Fax No. 022- 4231 3777

 "Windsor House", 5th Floor,

CST Road, Kalina,

Santa Cruz East,

Mumbai-400098


SBI General Insurance Company Limited Tel. 022- 30698922/55/01

The IL & FS Financial Centre Fax: 022-30698958/68
7th Floor, Plot C 22, G Block,

Bandra Kurla Complex,

Bandra East,

Mumbai – 400 051


Max Bupa Health Insurance Company Ltd. Tel: .011-30902000/30902120
Max Bupa Health Insurance Co. Ltd., Corporate Address

2nd Floor, Salcon Rasvilas, Fax: 011-30902010

D-1 District Centre, Saket,

New Delhi – 110 017.

L&T General Insurance Company Limited Tel: +91-22-61230000

601-602, Trade Centre Fax: +91-22-61230145

Bandra Kurla Complex

Bandra (East)

Mumbai 400051.



Thursday, June 30, 2011

Training at Institute of Banking, Riyadh - Diverse and Smart Team

A varied and diverse team from few months experience to over three decades of experience.  The team reflected the Sober, Gentle and Smart attitude during the four day session.

 
Sitting from left to right - Mohammed Akbar Pasha, Shuaib Ahmad Khan,Abdulahad Mukhtar Ahmed,Mr. Mohammed Sadullah Khan, Faculty Member, IOB,Akheel Ahmed,I.Bader,Nasir Alam Khan,

Standing from left to right - Mohammed Younus, Mohammed Khaja,Saef Allah Data Myan Allah, Abdulwasay,Mohammed Abdulmajeed, Osman Ali Khan,Mohammed Shahnawaz Khan,Zeeshan Ahmed Munawardin, Asad Raza Muhammad Akram,Mohammed Mazharuddin,Mohammed Mahdi Al-Shehab,Jalal Mohammed Al-Dakheel,Burhanuddin Syed,Mohammad Azam Ali

Not in the Picture - Syed Zaker Raheem,Ali Mohsen Ensaif, Mohammad Imran,

 
I was touched by the gesture of token of appreciation for the Training from the team members.




Last day of Training after receiving the token of appreciation for Training.





Heavy weights and Contributors of Saudi Insurance Industry

I was foturnate enough to have an opportunity to be with the elite group of Saudi Insurance Industry officials.


Mohammed Sadullah Khan, Faculty Member, IOBF with the
elite of Saudi Insurance Industry















 Left to right - Mr. Hadi Belazi, Director (PEQC) IOB,
Mr. Ayman Hout, Med-Gulf,
Mr. Basem Odeh, General Manager, Arabian Shield Insurance,
Mr. Ali-Al Subaihin, Chief Executive Officer of Tawuniya




Mr. Bader, Mr. Ayman and Mr. Hadi











Sunday, June 5, 2011

Jeddah Visit - Another Jolly good and Excellent team -Al-Alamiya Co-operative Insurance Company



















Mohammed Sadullah Khan during Training Session.


Standing from left to right - SAYED SYEDIMAM GHOUSE, THOMAS ANTONY,
THANKACHEN SAMUEL THANKACHEN,MIR TAHER ALI, CHACKO JOSEPH THEKKUM, RAMAKARSHANA PANICKER HARIKRISHNAN,FAROOQ AHMED NASEEM

Sitting from left to right - ANTONY JOB POWATHIL, ATIF IQBAL MUHAMMAD, JITHENDRA NATH KANAKKUVEETIL, MOHAMMED SADULLAH KHAN (TRAINER), FARID ALI KARKABA, HUSSAIN ABDULMUHSEN AL RASHED, ANIL KUMAR KIZHAKKE,

Not in the Picture - ASSEESSI ULAHANNAN KARUKAPARAMBIL, SAYED IRSHAD AHMED, ALI THIYYALI MARAKKARAKATH, CHOOREPARAMBLE ANTONY YESUDAS, GEORGE SAMUEL GEORGE




















Standing from left to right - ATIF IQBAL MUHAMMAD, CHOOREPARAMBLE ANTONY YESUDAS, JITHENDRA NATH KANAKKUVEETIL, ANTONY JOB POWATHIL, THANKACHEN SAMUEL THANKACHEN, FAROOQ AHMED NASEEM, GEORGE SAMUEL GEORGE, MIR TAHER ALI, CHACKO JOSEPH THEKKUM,

Sitting from left to right - ASSEESSI ULAHANNAN KARUKAPARAMBIL, THOMAS ANTONY, SAYED SYEDIMAM GHOUSE, MOHAMMED SADULLAH KHAN (TRAINER), ALI THIYYALI MARAKKARAKATH,ANIL KUMAR KIZHAKKE, HUSSAIN ABDULMUHSEN AL RASHED

Not in the Picture - SAYED IRSHAD AHMED,FARID ALI KARKABA, RAMAKARSHANA PANICKER HARIKRISHNAN


It was once again a nostalgic visit to Royal and SunAlliance (Al-Alamiya Co-operative Insurance Company) - 28 June to 31 June.  It was a walk down the memory lane. The venue of the course was Westin Hotel.  The same place where I was put in during my official visit to Jeddah for Mednet Meeting.  The Hotel was under renovation and had its own problems.   However the Jolly good team spirit made the course more enjoyable and fruitful.

Meeting Photographs - Royal and SunAlliance and Mednet - 11th June, 2007

Meeting held at Merieden Hotel, Al-Khobar on 11th June, 2007.

From Left to right Standing - Bruce Aitken, Thomas D'Souza,
Anil Kumar, Mohammed Sadullah Khan, Sajith Kumar,
Sitting - Farid Karkaba, Mazaher, Mark Scot.






Far right T.M. Abdullah






Ian Robertson. far right and Mr. Arif, seated next to Mohammed Sadullah Khan.



















Tuesday, May 24, 2011

Saturday, May 7, 2011

Insurance Foundation Certificate Examination - Sample Test Part - I


This is a pure sample testing, suitable for Insurance Foundation Certificate Examination, Saudi Arabia.  This is prepared on the request of some of my trainees and is open to all, those who can utilize it for their benefit.  Three sets of 10 questions each has been prepared.  Try to complete each set in less than 12 minutes and check your answers with the answer key link given at the bottom of the tenth question.  You may write answers on a small sheet of paper or in the comments column and then cross check with the answers provided.

For free course material and other relevant information please visit the following link.

Free Insurance Foundation Certificate Examination English Material Source

1          Which of the following can be called as risk as per Insurance terminology

a          Fire    
b          Sun    
c          Bank Guarantee    
d          Insurance Policy

2          Which is the best example of non-Financial Risk 

a          Damage to your Car         
b          Burning of Building by Fire         
c          Loss of old magazine containing your article    
d          Theft of your car

3          As per the risk classification the risk, which affects a large group of people is known as  
          
a          International Risk  
b          Property Risk          
c          Fundamental Risk 
d          Particular Risk

4          Damage of car in an accident is an example of__________   
  
a          Fundamental Risk 
b          Governmental Risk           
c          Particular Risk        
d         Speculative Risk

5          In Insurance terminology a risk which is speculative and non-financial is also known as           

a          Insurable Risk         
b          Proximate Risk       
c          Related Risk
d          Un-Insurable Risk

6          The frequently used definition of Insurance is  
   
a          Risk Approval         
b          Risk Transfer           
c          Risk Appetite          
d          Eliminating the Risk

7          Find the right definition of Material Fact

a          influence the judgement of the prudent underwriter        
b          influence the judgement of the judge     
c          influence the judgement of the customer     
d          influence the judgement of the Claims Investigator

8          A breach that is a deliberate misrepresentation of the facts may be fraudulent and referred to as 
       
a          Warranty     
b          Concealment          
c          Endorsement          
d          Ab initio

9          Which of the following can be insured as per the Principle of "Insurable Interest"

1) Ahmed, a taxi driver wants to insure Kingdom tower, not belonging to him and is willing to pay the required premium

2) Salman is a Laundry man and wants to insure the property belonging to his customers in his care custody and control. 
        
a          1 only           
b          1 & 2
c          2 only           
d          None

10       Which of the following class does not apply the "Principle of Indemnity"

a          Motor           
b          Property      
c          Life    
d          Marine

For Answer Key - Please click the following link


  Answer Key to Sample Test I


Insurance Foundation Certificate Examination - Sample Test Part - II

11 A car is insured for SR. 50,000. It meets with an accident and is totaled. There is a deductible of SR. 1,000 on the policy. Insurance Company settles the claim for 49,000 net of deductible. The Insurance Company recovers an amount of SR. 50,000 from the Third Party. How much the insured is entitled to receive from this amount?         

a          50,000         
b          49,000         
c          1,000
d          None

12       If an insured has more than one Policy covering the same risk, which of the following principle is applied   
       
a          Subrogation
b          Insurable Interest  
c          Contribution           
d          None

13       An earthquake knocks over a burning oil-stove.  The building catches fire which spreads to the adjacent building.  A third building 500 yards away catches fire due to wind blowing in that direction.  The owners of the third building submit a claim.  The policy covers fire (an insured peril) but not losses caused by earthquake (an excluded peril).  What the Insurer should do as per the rule of the proximate cause? 
        
a          Claim is not payable         
b          Claim is payable     
c          Claim is payable but only half    
d          None of the above

14       Match the following -

1) Daman Khatr Al-Tariq
2) Aqila
3) Aqd muwalat
4) Hilf 

a) An Agreement for  Assistance among people
b) Contracts to bring about an end to mutual amity
c) Surety placed on traders against losses suffered during a journey
d) Assistance provided to captives and the families of murder victims
       
a          1-c,2-d,3-a,4-b      
b          1-d,2-c,3-b,4-a      
c          1-a,2-b,3-c,4-d      
d          1-c,2-d,3-b,4-a

15       Senior Ulema recommended that the Insurance should be worked on the following basis  
         
a          Commercial
b          Co-operative          
c          Co-ordination         
d          Economic

16       The following organization is involved in the preparation of the implementing Rules and Regulations for the Insurance Companies 
 
a          SAMA           
b          SAGIA           
c          CCHI  
d          SAMBA

17       The SAMA regulations require that each company appoint an_______, who is a Fellow and plays an important role in maintaining company's sound financial position  

a          Underwriter           
b          CEO   
c          Actuary        
d          Accountant

18       Which of the following needs to be disclosed to Insurance Company 
         
a          Facts of law 
b          Facts of Public Knowledge          
c          Facts that lessen the risk 
d         Facts of previous Insurances

19       What is the purpose of mandatory deductible/excess  

a          Eliminates small claims    
b          Eliminates premium payment   
c          Eliminates accidents           
d          Eliminates risk valuation

20       Which of the following are false statements

1) Proposal forms are not required for small pleasure boats

2) Broker's slip will contain all the necessary details including possibly even a guide to the rate and condition they expect. 
       
a          1 only           
b          2 only           
c          1 &  2
d          None

For Answer Key - Please click the following Link
Answer Key to Sample Test II

Insurance Foundation Certificate Examination - Sample Test Part - III


21       Which of the following statements are false

1) The owners of Proprietary Insurance Companies endure the cost of any losses and could lose their entire Investments. 

2) Proprietary Insurance Companies are owned by the Policy holders

a          None 
b          1 & 2 
c          2 only           
d          1 only

22       Which of the following are false statements

1) Insured pays the commission to the Agent

2) The term intermediaries is also used for the Re-insurance Companies 

a          None 
b          1 & 2 
c          2 only           
d          1 only

23       Which of the following is not a part of risk management process

a          Risk Identification 
b          Risk Analysis           
c          Risk Control
d          Risk Pricing

24       Which of the following statements are true

1) A risk may be excluded as it is covered under another policy

2) A risk is excluded because it is covered under the operative clause 

a          1 only           
b          2 only           
c          1 &  2
d          None

25       Which of the following classes of Insurance use Certificates of Insurance

a          Property      
b          Marine Hull 
c          Home Owners        
d          Marine Cargo

26       Which of the following statements can be termed as reasonable

1) All customers to be treated alike and no company can deny renewing or cancel and insurance policy without giving a valid reason for doing so

2) The Insurance companies have been authorized by SAMA to sell the personal data of the customers at a market price 
   
a          1 only           
b          2 only           
c          1 &  2
d          None

27       Can the broker/agent treat the money in the premium account as security against any sums receivable from the insured ?  

a          No, he cannot do it           
b          Yes, but he can do it in case of valid claims only      
c          Yes, but he can do it only in case of premiums against endorsements only     d          Yes, he can do it

28       Choose the correct statements

1) The Policy need not contain a description of claims and disputes handling procedure

2) The Policy must contain a  disclosure statement indicating that the policy contract is the entire contract      

a          1 only           
b          2 only           
c          1 &  2
d          None

29       In Protection and Saving Insurance, the replacement of the existing P and S Insurance with a new one is known as     

a          Replacement          
b          Endorsement          
c          Churning      
d          Cut-through

30       If a policy holder decides to cancel the policy midterm, he will get the refund based on the following 
        
a          Short period Refund        
b          Full Refund  
c          Pro-rata Refund    
d          No Refund

For Answer Key - Please click the following link
Answer Key to Sample Test III