QIC
QIC in the UAE is the branch of Qatar Insurance Co., a Qatari insurer. It sells boat and yacht insurance for pleasure craft up to mega yachts, and mega yacht policies can include the crew.
QIC boat and yacht insurance
QIC's boat and yacht policy lists hull and machinery, third-party liability, agreed value, medical payments, uninsured boater, search and rescue, towing and assistance, and tender or dinghy cover. You fill in an online proposal form and a specialist contacts you within 24 hours.
| Product | Type | What it is |
|---|---|---|
| Boat/Yacht Insurance | Boat, pleasure craft and yacht | Cover tailored to how you use the vessel, from a pleasure craft to a mega yacht.3 |
| Mega Yacht Insurance | Large yacht | Tailor-made policies for large yachts, which can include cover for the crew.3 |
| Cover | With this insurer | Details |
|---|---|---|
| Hull and machinery | Included | Listed under boat and yacht insurance.3 |
| Third-party liability | Included | Listed under boat and yacht insurance.3 |
| Agreed value | Included | Listed under boat and yacht insurance.3 |
| Medical payments | Included | Listed under boat and yacht insurance.3 |
| Uninsured boater | Included | Listed under boat and yacht insurance.3 |
| Search and rescue | Included | Listed under boat and yacht insurance.3 |
| Towing and assistance, tender or dinghy | Included | Listed under boat and yacht insurance.3 |
| Crew | Depends on policy | Mega yacht policies can be written to include the crew.3 |
Check before you buy
- QIC publishes no policy wording for boats on its site. Ask for the wording, the navigation limits and the excess before you buy.3
How to claim with QIC
- Claims phone800 4 742
- Claim onlineOpen claim page
Not happy with a claim? How to complain about an insurer.
About QIC
- Legal name
- Qatar Insurance Co
- Type
- UAE branch of a foreign insurance company1
- Owner
- Qatar Insurance Co. Q.S.P.C., based in Qatar2
- UAE branches
- Offices at Dubai Hills Business Park, Dubai, and The Landmark, Al Markaziyah West, Abu Dhabi3
- Central Bank
- Listed in the Central Bank of the UAE register, September 2026, number 381
Financial strength
| Agency | Grade | Covers | Date |
|---|---|---|---|
| S&P Global Ratings | A-, Stable2 | Insurer of its UAE policies | 25 Mar 2026 |
Recent news
- S&P affirms Qatar Insurance Co. at A-
S&P Global Ratings affirmed its A- ratings on Qatar Insurance Co. with a stable outlook.2
Contact QIC
- Toll free800 4 742
Branches (2)
| Branch | Address | Phone |
|---|---|---|
| QIC Dubai | Dubai Hills Business Park, Building 4, 5th floor, Al Khail Road, Dubai | |
| QIC Abu Dhabi | The Landmark, 13th floor, 116 Khadim Bin Butti Al Hamed Street, Al Hisn, Al Markaziyah West, Abu Dhabi |
Common questions
Sources
4
1Central Bank of the UAE, CB Register September of 2026. Last checked 12 Nov 2026. Source document: CB Register September of 2026
2S&P Global Ratings, Qatar Insurance Co. 'A-' Ratings Affirmed; Outlook Stable, Dated 25 March 2026. Last checked 12 Nov 2026. Source document: Qatar Insurance Co. 'A-' Ratings Affirmed; Outlook Stable
3QIC UAE, Boat Insurance. Last checked 12 Nov 2026. Source document: Boat Insurance
4QIC UAE, Home page. Last checked 12 Nov 2026. Source document: Home page
- Owner
- Yachtinsurance.ae research team
- Last review
- Next review due
- 11 May 2027
- Status
- Published