Tinubu Square, a leading provider of credit insurance, surety and trade finance solutions, has announced that it has been awarded a contract by Etihad Credit Insurance (ECI), the UAE Federal export credit company for its Credit Insurance Suite (CIS).
ECI will be provided with Tinubu Credit Insurance Suite (CIS), the award-winning end-to-end SaaS integrated software solution. Tinubu Square will provide these new technologies and services to support ECI businesses in managing, securing and transferring risks while moving to expand their presence.
Massimo Falcioni, Chief Executive Officer, ECI, said: “We welcome this new partnership agreement that we have entered with Tinubu Square, which will help us in our mandate to support the export and re- export of UAE goods, works, services and foreign investments of UAE companies.”
Olivier Placca, Deputy CEO, Tinubu Square, added: “Collaborating with ECI paves the way for us to maintain a stronger presence in the Middle East region and play a key role in the growth of its economies. We are looking forward to working closely with ECI, especially in their move to build the future of credit insurance in the UAE.”
About Etihad Credit Insurance
Etihad 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 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 organisations for economic development.