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UNIP, the UAE’s pool for the insurance of nuclear risks, has announced that Mr. Jason Light has been appointed as Chairman of the Pool. UNIP was formed in 2016 to provide specialist insurance coverage for the UAE’s nascent nuclear industry and is comprised of the country’s leading national insurers – Oman Insurance, Orient Insurance, ADNIC, Al Ain Ahlia Insurance, and Emirates. ADNIC acts as slip leader.
Commenting on the development, Mr. Light said, “As the country enters this exciting new phase in the strategically important nuclear sphere it was entirely right that our strong local insurance industry should configure itself to offer the specialist insurance products and services that our nuclear power stations require. I look forward to working with ENEC and all the pool members as the sector “goes live”.