AXA Green Crescent Insurance Company has changed its name to HAYAH Insurance Company following an approval from the local regulators, it announced on Thursday. The change follows AXA’s exit from the Middle East in September 2021.
There are no other changes to the Abu Dhabi-listed insurer, and no impact on existing customers, products, partners or employees.
Since 2014, AXA Green Crescent has offered life and medical plans to individuals and corporates in the UAE and GCC.
HAYAH CEO Mohamed Seghir commented: “We are extremely excited about this change that supports our strategic focus on product and digital proposition innovation in life, savings and medical. Being locally embedded with strong technical expertise and leaders of digital innovations, we are the UAE specialists in these segments and in bringing solutions closer to our customers. HAYAH will continue to deliver the same exceptional products and services whilst adding to our product portfolio with groundbreaking new developments across all lines of business.”
HAYAH is headquartered in Abu Dhabi and listed on ADX. The rebranding of AXA Green Crescent to HAYAH will take place over the next few weeks.
