Insurance in Bahrain

Arab Insurance Group B.S.C

Arig has been a trusted risk partner for over a quarter century. Established by the governments of Kuwait, Libya and the United Arab Emirates, the Company has since grown to become one the market leaders among regional reinsurers. Today, Arig is a publicly traded company owned by over private and institutional investors and listed on the stock exchanges of Bahrain, Dubai and Kuwait.

51 to 200 staff

Trust Re

Trust International Insurance and Reinsurance Company B.S.C.(c)'Trust Re' is a closed joint stock company registered in the Kingdom of Bahrain, with authorised capital of US$ 500 million, and issued and paid-up capital of US$ 250 million. It is regulated by the Central Bank of Bahrain, as a locally incorporated reinsurance firm with License Number LII/023 and Commercial Registration Number 11503/July 1981. All activities are managed in Bahrain Office. Our geographical scope includes the Middle East, Africa, Asia, CEE, SEE and CIS countries. Trust Re provides reinsurance protection to many leading direct insurance companies in its geographical areas of operation, in the form of annual Treaties on proportional and non-proportional bases with a sizable underwriting capacity. We offer Facultative reinsurance in the following classes: Oil & Energy (offshore and onshore), Alternative Energy, Property, Energy & Power Construction, PV and Affinity. Our service offering also includes Life and Health reinsurance.

51 to 200 staff

Bahrain National Insurance - Bni

Bahrain National Insurance Company B.S.C.(c) is a leading insurance company with over 50 year of experience in handling large and medium industrial and commercial insurances & personal insurance such as; Motor, Home, Travel & Domestic Help.

51 to 200 staff

Solidarity Bahrain B.S.C

Solidarity Bahrain B.S.C.(“SB”), a subsidiary of Solidarity Group Holding B.S.C (closed) incorporated under the laws and regulations of the Kingdom of Bahrain. With an authorized capital of BD12 million and a paid up capital of BD11.2 million, the company provides a wide range of sharia’h compliant protection products through high quality customer services delivered by well trained and dedicated staff attentive to the needs of personal and corporate policyholders. SB being an Islamic financial institution has strong internal governance by the Sharia Board who ensures that business is practiced in a fair, transparent manner with its stakeholders. Being rated by A.M. Best, reflects our solid risk-adjusted capitalization, diversified business profile in the country’s insurance market, and consistently favourable investment performance.

201 to 500 staff

Globemed Bahrain Wll

GlobeMed Bahrain WLL is the leading healthcare benefits management company in the country, offering support to insurance companies including large employer schemes with highly advanced tools and services, such as underwriting and policy administration, providers’ network management, approvals, and claims processing, settlement to providers and reconciliation, customer services and business intelligence services. Also aware of the evolving needs in pharmacy benefits management, it now offers a complete standalone PBM solution designed to improve the value of pharmacy benefits plans. Moreover, GlobeMed Bahrain provides innovative and comprehensive services to manage its clients’ complex needs, such as actuarial services and international health services. Backed up by GlobeMed group’s 32 years of experience and know-how, GlobeMed Bahrain has all the human and technical skills required to offer its stakeholders state-of-the-art solutions and tailor-made services. GlobeMed Bahrain is part of a network of 12 franchised companies spread across the Middle-Eastern and African territories, in Lebanon, Iraq, Saudi Arabia, Kuwait, Qatar, UAE, Bahrain, Jordan, Palestine, Egypt, Nigeria, and soon in Oman. The region’s fastest-growing group in the healthcare sector offers now international and cross-border services to over 23.7 million lives, through a network that exceeds providers worldwide. In 2011, A joint venture between two prestigious organizations “Globemed Ltd“ and "Arab Insurance Group"(ARIG) has been established and approved/ regulated by the Central Bank of Bahrain (CBB). Since then, GlobeMed Bahrain has lived up to its promise of improving the healthcare services to over 5 clients. GlobeMed Bahrain is registered under number 77558-1 as regulated by the Central Bank of Bahrain (CBB) as an Ancillary Service Provider with a paid capital of US$

11 to 50 staff

Saudi Arabian Insurance Company B.S.C. C

The Group started its insurance operation in 1964 by acquiring Al Nisr Insurance Co. in Lebanon. In 1980, the Group established the Saudi Arabian Insurance Company BSC (c) and in 2007 became a founding member in the Saudi Arabian Cooperative insurance company in KSA. Today, DAMANA is a prominent insurance group with operations in the GCC & Lebanon offering a wide range of insurance solutions for businesses and individuals. During the past half century, DAMANA Group invested in other insurance and reinsurance companies, an assistance company and a Third Party Administrator. DAMANA’s vision is to be the leading regional insurance organization. Backed by over 240 specialized and dedicated employees. DAMANA is well positioned to offer customers competitive and comprehensive insurance solutions across 7 offices, in 5 countries around the Gulf and Lebanon, through a single operational platform. DAMANA’s success is attributed to its financial stability, the backing of excellent reinsurance securities, plus its commitment to pay claims fairly and promptly. DAMANA has the flexibility and ability to quickly adapt to change and to operate in the most difficult and dynamic conditions whether it is economical, technological or legal that constantly change the risk profiles of businesses. DAMANA’s clients are a mix of individuals, SMEs and large corporations working in various sectors including construction, power, infrastructure, consumer goods, logistics, and banking and finance. DAMANA’s in-house insurance service provider, SAICOHEALTH CARE, provides personalized and prompt medical insurance administration services to customers. DAMANA had received an inaugural Financial rating in 2017 by AM Best.*(*For the latest rating, please check AM Best website)

201 to 500 staff

Takaful International Co. Gig Bahrain Takaful

Takaful International Company B.S.C. is the first Islamic Insurance Company in Bahrain. It was established in 1989. The Company provides a wide range of insurance covers and products consistent with the principles of Islamic Shari’a that serves the various needs of individuals and corporates. Takaful International Co. is a subsidiary of GIG-Bahrain and is assigned a rating of A- Excellent by AM Best Credit Rating Agency. Takaful International Co. is a locally incorporated Takaful firm licensed by the Central Bank of Bahrain as General and Family Takaful Company.

51 to 200 staff

Gulf Union Insurance & Reinsurance Co

Motor Insurance General Insurance Travel Insurance Medical Insurance House Insurance

51 to 200 staff

Protection Insurance Services Wll

Protection Insurance Services is a leading insurance and reinsurance broking firm with sound reputation among the insurance community in the kingdom of Bahrain. As part of a coherent approach to business development PIS will provide international specialized insurance, reinsurance (including takaful and re-takaful) and advisory services to insurance and reinsurance companies and other corporate & commercial entities in its chosen regions.

11 to 50 staff

Mada Insurance And Reinsurance Brokers

For all lines of insurance services نقدم جميع الخدمات التأمينية Licensed & Regulated by CBB

11 to 50 staff

Arab War Risks Insurance Syndicate Awris

Since 1980, AWRIS has been serving as the leading war risks insurance syndicate in the Arab region, with a primary goal of preserving the interests of national and regional insurance markets, offering a comprehensive range of insurance covers backed up by worldwide A-rated entities.

11 to 50 staff

Gila

Gulf International Loss Adjuster W.L.L (GILA) to provide loss adjusting and claims management services for Insurers, Reinsurers, Brokers and their clients in the Middle East region. GILA has critical capability and experience in the major areas of concern to Insurers when considering the appointment of loss adjusters to include: Extensive regional and global operations including full service operations in the region and various of the world’s leading insurance centres, Direct and relevant claims experience to include major infrastructure projects, the energy industry including refining, petrochemicals and power generation, mining and minerals processing and a wide range of major industrial/property accounts, A history of proactive claims management working closely with the relevant parties. Loss Adjuster Company Licensed By CBB

1 to 10 staff

Saico Health Care

The Group started its insurance operation in 1964 by acquiring Al Nisr Insurance Co. in Lebanon. In 1980, the Group established the Saudi Arabian Insurance Company BSC (c) and in 2007 became a founding member in the Saudi Arabian Cooperative insurance company in KSA. Today, DAMANA is a prominent insurance group with operations in the GCC & Lebanon offering a wide range of insurance solutions for businesses and individuals. During the past half century, DAMANA Group invested in other insurance and reinsurance companies, an assistance company and a Third Party Administrator. DAMANA’s vision is to be the leading regional insurance organization. Backed by over 240 specialized and dedicated employees. DAMANA is well positioned to offer customers competitive and comprehensive insurance solutions across 7 offices, in 5 countries around the Gulf and Lebanon, through a single operational platform. DAMANA’s success is attributed to its financial stability, the backing of excellent reinsurance securities, plus its commitment to pay claims fairly and promptly. DAMANA has the flexibility and ability to quickly adapt to change and to operate in the most difficult and dynamic conditions whether it is economical, technological or legal that constantly change the risk profiles of businesses. DAMANA’s clients are a mix of individuals, SMEs and large corporations working in various sectors including construction, power, infrastructure, consumer goods, logistics, and banking and finance. DAMANA’s in-house insurance service provider, SAICOHEALTH CARE, provides personalized and prompt medical insurance administration services to customers. DAMANA had received an inaugural Financial rating in 2017 by AM Best.*(*For the latest rating, please check AM Best website)

201 to 500 staff

Al Hilal Life

Al Hilal Life was originally established in 2009 as a joint venture insurance company between Legal & General Group Plc and Ahli United Bank with a vision to be the first choice for protection and savings in the Middle East. During October 2015, Legal and General Group Plc sold its 50% stake in Al Hilal Life BSC to Ahli United Bank BSC (AUB) who now holds 100% of Al Hilal Life’s shares. Al Hilal Takaful is a wholly owned subsidiary of Al Hilal Life, and focuses on Family Takaful. Al Hilal Life is licensed by the Central Bank of Bahrain as a locally Incorporated Life Insurance Firm.

51 to 200 staff

Now Consultations

NOW Consultations delivers strategic advice and cost effective, innovative insurance solutions, free of charges, to a wide and varied clientele. As insurance wholesalers, NOW provides access to a wide variety of quality insurance products and services at competitive prices. We craft tailored solutions by leveraging our extensive experience and in-depth knowledge and use industry leading data and analytics to ensure your insurance will meet your changing needs now and in the future.

11 to 50 staff

Afro Asian Assistance

Afro Asian Assistance is a fully owned subsidiary of Trust Re one of the leading reinsurance companies in the Middle East. Afro Asian Assistance offers various products ranging from Roadside Assistance, Travel Assistance, Medical Evacuation / Repatriation, as well as 24/7 Call Center Services. Afro Asian Assistance’s high-spirited collective team has helped to create greater opportunities to develop and offer quality services for individuals and corporate. It covers the globe through a direct network of providers in the GCC countries, Jordan, Lebanon, Syria, Yemen and the rest of the world is covered through an international network of providers that comprises of more than 11 international Travel Assistance companies. Afro Asian Assistance's network of worldwide providers and experienced call center agents enable it to mobilize personalized assistance to you quickly anytime anywhere in the world. Operations are 24 hours a day, 365 days a year.

11 to 50 staff

Tameen

1 to 10 staff

Snic Insurance

SNIC Insurance, formerly known as Saudi National Insurance Company, have been protecting individuals and businesses with quality insurance coverage and strong commitment to service excellence since 1974. The Company was licensed by Central Bank of Bahrain as Bahraini registered Company in 2006 with a paid-up capital of 10 million Bahraini dinars. In light with the rapidly evolving insurance industry in the Middle East, a strategic transfer of activities to Bahrain was implemented in 2010 and formed Wataniya Insurance Company, an associate company based in the Kingdom of Saudi Arabia. In the 3rd quarter of 2010, Wataniya Insurance Company was fully licensed and registered in the Kingdom of Saudi Arabia managing SNIC previous portfolio in KSA through its Head office in Jeddah and branches located in Riyadh and Khobar SNIC Insurance client’s ranges from a large corporate to individuals and families. While the service needs of each client differ, the one common factor is our high standard of service and adherence to our corporate values. OUR PURPOSE Our purpose is to ‘go beyond’ – which is more than just superior service – it is meant to embody an attitude where we want to do more, innovate to find better solutions and engage with customers to ensure they are getting the best possible experience. Going beyond is constantly referenced in our performance, in our objectives and aspirations, and in the work we do. We are constantly linking behaviors to our purpose and values. WHAT WE DO We look to create real value for our clients and distinguish ourselves from conventional customer servicing and claims administration. We tailor our approach to suit each client's individual needs ensuring we achieve the best possible outcome. Leading the way with Industry Best Practice we continually exceed our customer expectations and push the boundaries with our unique and innovative approach. OUR VISION To empower people and corporations by covering their risks with the most innovative and meaningful solutions, delivered with a human touch. OUR MISSION We are committed to the relentless pursuit of excellence, while acting in an ethical, transparent and responsible manner to exceed customer expectations. OUR VALUES Passionate Responsive Committed Ethical Innovative Human

51 to 200 staff

Bahrain National Life Assurance Bnl

Bahrain National Life Assurance (bnl), a subsidiary of Bahrain National Holding (BNH), was established in October as the Kingdom’s first dedicated local life and healthcare assurance company. bnl provides a wide range of Corporate and Individual Products including Group Life and Healthcare, Mortgage Insurance, Group and Individual Healthcare Plans and Investment Plans. With our vast expertise in Life and Healthcare underwriting and claims, bnl aims to surpass our Clients’ expectations with local and international healthcare insurance coverage, as well as providing long-term prosperity and security through our life assurance and investment products. We believe that building long-term and productive relationships with our Clients is the key to mutual success – the more we understand our Clients’ business, the better we can provide solutions to help them achieve peace of mind for their finances and health. bnl’s ability to provide our Clients with tailor-made solutions gives us a marketing edge. With our dedicated Team, Clients can rest assured that their best interests are bnl’s main concern and they can rely on our excellent service.

11 to 50 staff

Health360 Ancillary Services Wll

Health 360° Ancillary Services W.L.L is a Bahraini dynamic Insurance ancillary services provider in the Kingdom of Bahrain. We offer wide-ranging healthcare medical insurance services as a third party administration (TPA) and we can tailor those services to meet your needs and standards.

11 to 50 staff

Bahrain Kuwait Insurance Co

Bahrain Kuwait Insurance Company (B.S.C.) was established in 1975 with Bahraini and Kuwaiti shareholders. BKIC transacts all classes of general insurance, the major categories being Fire, General Accident, Engineering, Marine Cargo, Motor, Group Life and Health. Since its establishment, BKIC has enjoyed steady growth in various areas and built a solid relationship with its customers based on integrity, mutual trust and financial strength. BKIC was the first insurance company in Bahrain to have been interactively rated by an independent international rating agency and currently enjoys A-(Excellent) rating of A M Best.

51 to 200 staff

Fakhro Insurance Services Wll

Fakhro Insurance Services WLL (FIS), a fully owned subsidiary of Abdulla Yousif Fakhro Group, was incorporated in January as a Limited Liability Insurance Broking Company. We have built-up substantial experience and knowledge in the placement of corporate insurances for a range of major clients. From 1958 until the year Abdulla Yousif Fakhro & Sons were the agents for General Accident Insurance, one of the largest insurance companies in the world. In January the insurance agency operation was converted into an insurance brokerage business. The aim was to be able to offer our clients a wider choice of insurance coverage at the most competitive rates. Thus Fakhro Insurance Services was incorporated as a wholly-owned limited liability company, and was registered with the Bahrain Ministry of Commerce & Industry as an insurance broker for all classes of insurance. It also became a member of the Bahrain Insurance Association. We are able to provide quality services to all corporate and retail clients and our services include guiding clients in selecting the right coverage with insurance companies in Bahrain.

11 to 50 staff

United Insurance Company

The Insurance Company has been incorporated as a Bahraini joint stock closed company in accordance with the provisions of the Bahrain’s Law of Commercial Companies after the Kingdom of Bahrain joined the Arab Treaty for Vehicles Crossing Arab Countries (Orange Card). It has been established to provide coverage to vehicles passing through King Fahad Causeway from and to the Kingdom of Bahrain. People are our most important resource. Without their commitment or their initiative our goals will not be achieved.

51 to 200 staff

Ace Gallagher

ACE Gallagher is a leading regional brokerage firm with a rich legacy in the GCC region. It has earned the respect of its peers and trust from its clients over 70 years. With the recent partnership with Gallagher, global brokerage firm, ACE Gallagher is on an upward trajectory to provide tailor-made solutions and comprehensive claims & risk management services catering to various fields. The company's 16 offices spread across seven countries give them a local advantage while tapping into their partner's global expertise. Moreover, ACE Gallagher remains committed to uphold quality standards in the industry through agility & resilience as well as staying ahead of ever-changing trends & challenges within the market. Its primary mission is to use this knowledge and experience to provide customers with unparalleled quality services ensuring customer satisfaction, while growing their own business alongside theirs. The vision of ACE Gallagher is renowned globally for top-notch service provision and excellent customer care by utilizing cutting-edge technology along with superior communication skills both internally amongst staff and externally towards clients.

201 to 500 staff