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The International Credit Insurance & Surety Association (ICISA), alongside the forum that unites Insurers and Reinsurers of Commercial and Non-commercial Risks from Member Countries of the Organisation of Islamic Cooperation (OIC) and the Arab Investment and Export Credit Guarantee Corporation, known as AMAN UNION, are pleased to announce their Strategic Partnership Agreement.
This agreement aims to foster mutual cooperation and knowledge sharing in the arena of trade and investment insurance.
The Memorandum of Understanding (MoU), a step towards industry collaboration and global cooperation, was officially signed by Mr. Richard Wulff, Executive Director of ICISA, and Mr. Oussama Kaissi, the Secretary-General of Aman Union and CEO of ICIEC. This alliance signals the start of new cooperative efforts to strengthen global trade and investment insurance frameworks.
ICISA, a leading trade association for trade credit insurance and surety companies globally, encourages collaboration and the establishment of industry standards. AMAN UNION concentrates on promoting the insurance industry of commercial and non-commercial risks within OIC-Member States and enhancing connections among its members.
This collaboration between ICISA and AMAN UNION underlines a shared commitment to advancing the trade and investment insurance sector, particularly within OIC Member States. By exchanging knowledge and networks, the organisations aim to support initiatives that contribute to the sustainable development of OIC Member States.
The Joint Strategic Collaboration will concentrate on:
- Encouraging knowledge exchange on trade and investment insurance initiatives
- Promoting the development of industry best practices
- Enhancing connections among members of both associations
Mr. Richard Wulff, Executive Director of ICISA, said: “This momentous collaboration between ICISA and AMAN UNION represents a landmark in our shared commitment to strengthening the trade and investment insurance landscape. Through this strategic alliance, we are assured to unlock unprecedented opportunities and drive innovation within our respective spheres. The signing of this MoU signifies a transformative leap towards harmonizing our efforts and maximizing the potential for sustainable growth and prosperity on a global scale.”
Mr. Oussama Kaissi, the Secretary-General of Aman Union and CEO of ICIEC, commented: “This partnership signifies our collective dedication to enhancing the capabilities and opportunities within the trade and investment insurance sector. By pooling our resources and expertise, we can drive positive change and sustainable growth for our member countries.”
ICISA and AMAN UNION both recognise the immense potential of their cooperation in delivering impactful results in the trade and investment insurance sector. Through this partnership, they recommit to promoting innovation, resilience, and sustainable development within OIC Member States and beyond.
