Copart, Al Ahlia Insurance ink strategic deal
MUSCAT, April 3, 2017
Copart Muscat Auctions and Al Ahlia Insurance a top insurance company in Oman have partnered to streamline the motor accident salvage sales process through operational efficiency and engagement with potential buyers.
The signing ceremony was attended by Lloyd East, MD - Al Ahlia Insurance and regional CEO - RSA (Middle East), Richard Byford, claims director - Al Ahlia Insurance and Carlos Sabugueiro, CEO - Copart (Middle East, India and Africa).
"We are excited to work with a reputable and successful business like Copart," said East. "In addition to improving our experience with the salvage disposal process, this agreement helps us gain quality vendors and innovative solutions that will benefit the Oman insurance industry in the mid to long term by improving transparency and competition."
Sabugueiro said, "It is an honour to join hands with Al Ahlia (RSA) here in Oman. Our operations are growing in strength and scale. Our buyer network, which includes regular bidders from across the GCC, Europe and Africa, is also increasing."
Al Ahlia has been a frontrunner in launching initiatives that not only strengthen the operations but also benefit the industry. This strategic supply chain initiative is underpinned by efficient systems; professionalism and global reach that will help Al Ahlia better manage the last mile of the claims process.
Al Ahlia Insurance is part of the multi-national RSA Insurance Group that has a legacy of over 300 years in insurance and operates in over 100 countries globally. – TradeArabia News Service