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2/18/25, 8:30 AM Etihad Credit Insurance joins the KYC Blockchain Platform - Middle East News 247

Etihad Credit Insurance joins the KYC Blockchain

Platform

By News Desk 1 03/02/2025

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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