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2/5/25, 9:03 AM Etihad Credit Insurance joins the KYC Blockchain Platform - Business - Economy and Finance - Emirates24|7
Etihad Credit Insurance joins the KYC Blockchain

Platform

Published Monday, February 03, 2025 By E247

Etihad Credit Insurance (ECI), the UAE Federal export credit company, joined the KYC Blockchain Platform, marking a first for the
insurance sector. Led by the Dubai Department of Economy and Tourism (DET), the initiative aims to improve ease of doing business,
company KYC compliance, and customer data quality and enable the KYC network’s future growth by leveraging it as a reliable
customer data ecosystem.

Her Excellency Raja Al Mazrouei, CEO of ECI, said: “We are pleased to be the first export credit agency to join the UAE’s KYC
platform, which marks a remarkable milestone for us. This step enables the ecosystem to quickly improve the verification process of

consumer identities and build unified procedures by leveraging blockchain technology. At ECI, we are committed to using state-of-the-
art technologies in partnership with relevant stakeholders to increase operational efficiency, optimise services and accelerate
processes. We believe that this move would help streamline the process of delivering our services and solutions, as well as support
and enable a larger group of businesses engaged in UAE export and re-export operations to both regional and international markets.”
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