17/06/2015 00:53 AST

In line with the Dubai Health Authority's (DHA) new mandatory health insurance law, AXA Gulf, one of the leading non-life international insurers in the region, is now offering Essential Benefits Plan (EBP) to Dubai citizens. This plan has been designed specifically to offer health insurance coverage for employees earning a gross salary of Dhs4,000 or less per month.

AXA Gulf's Essential Benefits Plan ensures that the medical needs of employees working in large corporations, SMEs, domestic staff, spouses and dependents are adequately met, making AXA a provider of comprehensive health insurance solutions.

"As a Participating Insurer, we are excited to introduce the Essential Benefits Plan in accordance with the Health Insurance Law," said Cedric Charpentier, Chief Sales and Distribution Officer, AXA Gulf.

"At AXA Gulf, we are focused on offering comprehensive insurance solutions for all segments of the UAE society and the development of the new EBP plan is yet another testimony of our ability to develop customised solutions, making AXA the ideal health insurance partner."

The first phase of the health insurance mandate ensured that companies with 1,000 employees provided health insurance coverage by October 2014. In the second phase of the plan, companies with 100-999 employees are required to implement full health insurance coverage by July 2015. During the last phase, companies with less than 100 employees, as well as spouses, dependents and domestic workers are required to be fully insured by June 2016.

"AXA Gulf has also launched a campaign aiming to alert and warn employers on the mandatory Health Insurance Law and ensure they are compliant with the new regulations by meeting the DHA deadlines. Our customer-centric approach is key to all our insurance solutions and it is one of the important factors that have helped us create a niche positioning.


The Gulf Today

AXA Gulf expands presence in Qatar

19/11/2015

Spurred by the company's steady growth in Qatar, AXA Gulf, one of the leading international insurers in the region, unveiled their new yacht and pleasure craft offer at the Qatar International Boat S

AME Info

AXA Cooperative to increase capital through rights issue

17/02/2015

JEDDAH - AXA Cooperative Insurance Company signed Sunday a rights issue management agreement to increase its capital with the Saudi Fransi Capital Company, the Financial Advisor, Lead Manager, and Un

Saudi Gazette

AXA Insurance joins Dubai Trade's e-insurance platform

02/02/2015

Dubai - As part of its strategy to boost its online services in line with Dubai's Smart Government initiative, AXA Insurance Gulf has signed an agreement with Dubai Trade, the premier cross-border tr

Khaleej Times

Ticker Price Volume
GIG Sector Market
P/E
Price/BookValue
Dividend Yield (%)
Relative Strength
  • 1-Month
  • 3-Month
  • 1-Year
Volume Change
  • 10D Avg Vs 90D Avg
Price Vs…
  • 52-w high
  • 50-day moving avg.
  • 200-Day Moving Avg
Ticker Price Change
BUPAARABIA 175.80 -2.30 (-1.30%)
TAWUNIYA 136.10 -0.70 (-0.52%)
RASAN 144.80 3.10 (2.18%)
ALRAJHITAKAFUL 102.80 0.60 (0.58%)
QATI 2.25 -0.03 (-1.32%)
Kuwait Airways to operate 728 weekly flights across 58 destinations in June

25/05/2026

Kuwait Airways will operate around 728 weekly flights to 58 global destinations in June, following approvals from relevant authorities, Acting CEO Abdulwahab Al-Shatti said.

According to Kuw

Gulfnews

FAB mobilises $103.74bn in sustainable and transition finance

25/05/2026

First Abu Dhabi Bank (FAB), the UAE's global bank and one of the world's largest financial institutions, facilitated AED381 billion ($103.74 billion) in sustainable and transition finance between 202

Trade Arabia

Oman Fisheries board quits over liquidity crisis

25/05/2026

Oman Fisheries Company has announced the collective resignation of its board of directors and called for an extraordinary general meeting, citing an acute and irreversible liquidity crisis that has l

Muscat Daily

Shurooq, Sanam to develop new K-12 school in Sharjah

25/05/2026

The Sharjah Investment and Development Authority (Shurooq) has announced that it has signed an agreement with Sanam Group's education platform to develop a new K-12 school in the emirate.

Th

Trade Arabia

ADIB, DAMAC ease path to homeownership with new finance solution

25/05/2026

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, and DAMAC Properties, a leading private real estate developer in the Middle East, have launched a landmark home financing plan

Trade Arabia