- Leading emerging markets insurance provider launches dedicated travel insurance website for Iraq
- Intrepid adventurers and culture vultures can now add Iraq to list of ‘must visit’ destinations
- Easy on-line access to tourist insurance
[Picture: Ishtar Gate, Babylon, built circa 575 B.C.]
AAIB Insurance Brokers, the leading international insurance broker for Iraq, has launched the first website to provide comprehensive travel insurance to Iraq from anywhere in the world. www.Iraq-travelinsurance.com went live on the eve of the world's premier travel industry event, World Travel Market (WTM) in London, where, for the first time, the Tourism Board of Iraq is exhibiting.
“Iraq is quite possibly the most exciting emerging destination in the world. The launch of www.Iraq-travelinsurance.com is testimony to the dynamic and vibrant country Iraq is fast becoming”, said AAIB Chief Executive William Wakeham.
“As a company specialising in providing insurance solutions for businesses operating in Iraq, we have witnessed a marked increase in inbound business traffic as corporations and investors recognize the opportunities Iraq presents. With the improving security situation, there is also a growing number of returning Iraqi diaspora and VFR (Visiting Friends & Relatives) traffic as well as significant numbers of religious pilgrims visiting the numerous sites across Iraq. The increased capacity and additional routes into Iraq announced in the last 12-18 months by several international airlines also speak volumes. And, whilst global tourism contracted by 4.6% in 2009, Iraq’s visitor economy grew by 31%.”
“Until now, travel insurance for Iraq has been costly, difficult and time consuming to obtain”, Mr Wakeham continued. “At Iraq-travelinsurance.com you can get instant cover that meets the needs of all types of travellers going to Iraq for business or leisure, for just a few days through to a year long stay. We have spent time developing and tailoring this product for Iraq and because we are established and respected Iraq insurance experts, the premiums we can offer are extremely favourable.”
AAIB’s Iraq travel policy is underwritten with ‘A’ rated security. Essential war and terrorism provision is included in the price as well as Personal Accident (AD&D) cover of up to USD500,000, emergency medical, evacuation and repatriation expenses up to USD500,000 and personal baggage cover of USD1000. Cover starts from less than US$2 per day* and payments are made online via Paypal’s secure server. Policy documents are then sent immediately to the policy holder by email.
“Tourism to Iraq is in its infancy but in the not too distant future we expect to be helping intrepid adventurers and culture vultures from all over the world to fulfill their travel dreams and visit the birthplace of civilisation.”
Geoff Hann, a leading authority on Iraq and Managing Director of Hinterland Travel, the only European tour operator with a full Iraq programme, said: “I have seven tours planned to Iraq in 2011. Whilst the groups I have taken to visit the extraordinary wonders of ancient Mesopotamia in the last couple of years have travelled without appropriate travel insurance, I am delighted that a user friendly and competitive online insurance tool is now available for people wanting to visit Iraq. It is a real step forward as the country becomes a viable tourism destination.”
Commenting on the launch of the website, Benjamin Carey of Dunira Strategy, the company commissioned by the Tourism Board of Iraq to arrange its mission to WTM in 2009, said: “This is very encouraging news for Iraq’s tourism industry. Whilst security remains the greatest challenge, tourism in Iraq has the potential to be transformational, contributing to national identity, helping to rebuild confidence and creating enduring social and economic opportunities, especially for young Iraqis.”
* AAIB Travel Insurance Policies have a minimum length stay of seven days
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Anglo Arab Insurance Brokers (AAIB) was founded in 2005 by its Chief Executive Officer William Wakeham. The joint British / Iraqi owned company is head-quartered in Amman, Jordan with an office in the UK as well as three offices in Baghdad, Basra and Erbil in Iraq. AAIB specialises in providing high-risk and non standard insurance solutions for Iraq, Afghanistan and other emerging markets in the Middle East and Africa.