QNB has signed a strategic master agreement with QLM, the leading specialised insurance company to provide innovative insurance solutions to SMEs (small and medium enterprises).This marks a significant milestone in QNB’s mission to deliver innovative financial solutions to the SMEs community.As part of this collaboration, SME customers can meet their financial and insurance needs from QNB and QLM, as one stop shop.The offerings include but not limited to ‘Keyman’ protection as well as Group protection with tailored coverage that meets their unique business needs.The ‘SME Owner Protection’ cover has been specifically designed to provide 24x7 worldwide insurance protection to key individuals within small and medium enterprises. This plan ensures business continuity by safeguarding against unforeseen circumstances that could impact the leadership and operations of SMEs.The ‘SME Group Protection Plan’ addresses the needs of both employers and employees, offering comprehensive coverage that enhances employee welfare and supports business stability. This plan is ideal for SMEs looking to provide added value to their workforce while securing their business’s future.In addition to these specialised insurance packages, QNB is launching its medical center financing campaign aimed at supporting healthcare providers reinforcing its commitment to empowering businesses by enhancing financial flexibility and ensuring sustainable growth.Commenting on this partnership, Yousef Mahmoud al-Naema, Group Chief Business Officer at QNB, added: “Our partnership with QLM underscores our commitment to offer innovative solutions to SME market. These high-quality insurance packages will ensure business continuity by safeguarding themselves against unforeseen circumstances that could affect the leadership and operations of SMEs.“In addition, our medical centre financing campaign reflects QNB’s commitment to supporting the healthcare sector. By offering discounted interest rates, we aim to ease financial pressures on medical centers and hospitals, allowing them to focus on providing quality care to their communities.”Commenting on the launch, Fahad al-Suwaidi, Chief Executive Officer, QLM Life & Medical Insurance Company said, “QLM, the leading specialty insurer is delighted to announce another innovative initiative to mitigate the risks of SME Business Owners as well as Employees of SME by providing a financial safety and sustainability. QLM believes that partnerships rooted in trust will advance by aligning their products with financial inclusion necessities of the community.“A bouquet of customised insurance solutions made to meet the financial needs at different stages of life cycle of SMEs, will be made available to the customers of our trusted partner QNB. This service is part of a strategic effort to meet the growing demand for protection insurance solutions in the banking sector, making it easier and more convenient to customers to protect themselves and their businesses.”ends