Alba holds Reverse Insurance Roadshow with major insurance and reinsurance markets

Manama, June 11 (BNA): Aluminum Bahrain B.S.C. (Alba) reverse insurance promotional tour, the first of its kind in the Middle East and North Africa region, with the highest-rated insurance and reinsurance markets, in cooperation with the Bahrain Kuwait Insurance and Reinsurance Company. Moderator Willis Tower Watson on June 6-7, followed by a detailed field tour of Alba’s headquarters.

Alba’s reverse insurance promotional campaign covered Alba’s PDBI renewal and Alba’s electronic insurance policy, and was attended by representatives from Lloyd’s syndicates and major international companies such as Zurich Insurance – Ireland (London) and SCOR UK Limited. – London (England), Swiss Re International SE Luxembourg, Hannover Ruck SE – for each branch in Bahrain, AIG MEA Limited – UAE, Gulf Insurance Group (Gulf), Bahrain Kuwait Insurance Company B.S.C. and Tokyo Marine Killeen – London (England).

Amin Sultan, Alba’s Chief Energy Officer, along with Elaine Helal, Director of Insurance, Insurance and International Relations team, held one-on-one and group meetings on June 6 with Insurance Markets to witness Alba’s excellent risk management framework firsthand. Underwriters and risk engineers visited the company’s various divisions on June 7.

Ali Al Baqali, CEO of Alba, said Alba has set another benchmark in the MENA region by hosting a reverse insurance promotion at its premises to cover major insurances – property damage, business interruption and cyber – when the standard is hit the road and meets the insurance markets. to establish these policies.

“This was a great opportunity to showcase the Alba campus and its core assets, so our insurance partners are reaching out to us and gaining a renewed sense of our purpose. I also take this opportunity to express my appreciation to our valued partners Bahrain Kuwait Insurance Company (BKIC) and Willis Towers Watson, our reinsurance broker.”

Dr. Abdullah Sultan, Chief Executive Officer of Bahrain Insurance Company, said, “Alba is one of the most dynamic companies in the region, and we are confident that this reverse roadshow will provide top-rated insurance and reinsurance companies with an unprecedented opportunity to get up-close and- A personal perspective of Alba and its risk profile.

He added, “We are pleased to be able to assist and participate equally in such a prestigious reverse insurance promotional campaign that is unique to our region.”

HF