Top 10 Insurance Companies in Bahrain – Rankings, Reviews & Updates

Top 10 Insurance Companies in BahrainTop 10 Insurance Companies in Bahrain

Top 10 Insurance Companies in Bahrain

  1. The New India Assurance Co. Ltd

New India Assurance Co Ltd, Is the leading General Insurer with presence in over 28 countries operating out of Mumbai, India as its Head Quarters. The global Gross Premium written crossed INR 22279/- Crores for the year 2016-2017.

Founded by Sir Dorabji Tata in 1919, New India is the market leader in India in non-life business for more than 40 years. New India Assurance is the only direct insurer in India rated A-(Excellent – Stable outlook) by AM Best for the last more than 15 years in a row.

Services: Marine Cargo / Hull

Motor

Accident

Fire / Properties

Construction/Erection

Miscellaneous

Liability

Address: 11 Busaiteen Avenue, Busaiteen, Muharraq Governorate, Bahrain, Muharraq 584, Bahrain

Contact No.: +97317453132

Website: https://www.newindiabahrain.com/

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  1. Protection Insurance Services

Protection Insurance Services is a leading insurance and reinsurance broking firm with sound reputationamong 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.

Services: PERSONAL INSURANCE

CORPORATE INSURANCE

REINSURANCE

EMPLOYEE BENEFITS

LIFE AND SAVING

Address: Jeera I Tower | Office 161, 13th floor | Building Building 683, Rd No 2811, Seef, Bahrain

Contact No.: +97317211700

Website: https://www.pis.bh/

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  1. Arab Insurance Group (B.S.C.)

The Board and the General Management, through their various supervisory bodies, provide strong leadership at Arig in order to maintain focus on sustainable business growth, performance and accountability.

The Board, with the assistance of the General Management, oversees the direction, management and control of Arig through its governance, risk and compliance framework. Arig strives to achieve its strategic objectives and sustain operational vigour by engendering a culture of performance and ethical behaviour. In developing the framework, Arig has achieved an effective separation and clear understanding of the roles and accountabilities of the Arig Board and management.

Services: Treaty

Life

Medical

Property

Facultative

Claims and Technical Accounts

Client events

IT Solutions (ARIMA)

Market Reviews

Address: Arig House Building 131, Road 1702 Diplomatic Area 317 Manama, Kingdom of Bahrain

Contact No.: +97317544444

Website: http://www.arig.net/

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  1. t’azur Takaful Insurance

t’azur Company b.s.c. (c) is a Bahraini closed joint stock company incorporated under the laws of the Kingdom of Bahrain and licensed and regulated by the Central Bank of Bahrain. t’azur was founded by Unicorn Investment bank with an authorised capital of US$ 500,000,000, of which US$ 58,000,000 is issued and paid up. t’azur provides Family and General Takaful products for individuals and businesses. All t’azur products abide by the principles of the Islamic Shari’a law and are under the supervision of t’azur’s Shari’a Supervisory Board.

Services: t’azur ACCIDENT & HEALTH PLANS

t’azur TAWASUL EDUCATION PLAN

t’azur TAWASUL INCOME PLAN

PERSONAL ACCIDENT 

HOME

COMPACT

MOTOR INSURANCE

Address: Rd No 2831, Seef, Bahrain

Contact No.: +97317561661

Website: http://www.tazur.com/

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  1. Fakhro Insurance Services WLL

From 1958 until the year 2000, Abdulla Yousif Fakhro & Sons were the agents for General Accident Insurance, one of the largest insurance companies in the world.

In January 2000, 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.

Services: Health Insurance

Life Insurance

Property insurance

Marine insurance

Personal accident insurance

Travel insurance

Address: Fakhro Tower, Sanabis, Bahrain

Contact No.: +97317240600

Website: http://www.fakhro.com/insurance.asp

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  1. Bahrain National Life Assurance (bnl)

bnl is a separately capitalized Life & Medical Insurance Company; providing a wide range of corporate and individual products under Life and medical, including Mortgage Insurance, Child Education, Future Security; and various medical products ranging from Local Essential to International Comprehensive plans.

With its vast expertise in Life & Medical underwriting and claims, bnl aims to surpass its clients’ expectations with local and international medical insurance coverage, as well as providing them with long term prosperity and security through their life assurance and investment products. bnl believes that building long term and productive relationships with clients is the key to mutual success – the more bnl understands its clients’ business, the better it is able to help them achieve peace of mind for their finances and health.

Services: Global Healthcare Plan

Premier Plans

Ta’sheera

AMAN

Decreasing Term Assurance (DTA)

Level Term Assurance (LTA)

Future Education Plan (FEP)

Future Security Plan (FSP)

SANAD

Address: Building 2491 Road 2832 Block 428 BNH Tower – 3rd floor Seef، 973, Bahrain

Contact No.: +97317587333

Website: http://www.bnl4life.com/

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  1. Bahrain Kuwait Insurance Company (B.S.C.)

Bahrain Kuwait Insurance Company (B.S.C.) was established in 1975 with Bahraini and Kuwaiti shareholders. By virtue of its shareholding structure, BKIC is allowed to operate as a national insurance company both in Bahrain and Kuwait, the only company to enjoy such a privilege.   

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. The company has grown to become the market leader in the Insurance Industry in Bahrain since the year 2008 in terms of gross premium and net profits, with a total gross premium income of BD 81.60 million in 2018

Services: TRAVEL INSURANCE

MOTOR INSURANCE

HOME INSURANCE

DOMESTIC HELP

Address: King Abdullah Ibn Al-Hussain Ave, Jidhafs, Bahrain

Contact No.: +97317119999

Website: http://www.bkic.com/

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  1. Crescent Global Insurance Services W.L.L.

Crescent Global prides itself in its history in the Middle East which dates back as early as the 1980’s. Our regional headquarters is based in the Kingdom of Bahrain where we offer insurance services locally and regionally via local partner offices.

We are specialists in the areas we operate, and pride ourselves in being founding partners of GBN, the world’s global insurance network.

Services: SMALL TO MEDIUM SIZE ENTERPRISES (SMES) OR MIDDLE MARKET OFFERING

CORPORATE PRACTICE

GLOBAL ACCOUNTS PRACTICE

GENERAL MARINE, NON MARINE AND SPECIALIST INSURANCE PRODUCTS

Address: Building 373, Rd3610، Manama 336, Bahrain

Contact No.: +97317713838

Website: http://www.crescentglobal.com/

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  1. United Insurance

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. 

Services: THIRD PARTY INSURANCE POLICY

ORANGE CARD INSURANCE

COMPREHENSIVE INSURANCE POLICY

ROAD ASSISTANCE

Address: Building 1392, Road 426 Salmabad 704, P.o Box 3113,Bahrain

Contact No.: +97317788788

Website: http://www.uic.bh/

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  1. Zurich International Life

We understand that trust in your life insurance provider is important to you – after all, you call on us during life’s most challenging moments. When this time does come, be assured that we’re here to fulfill our promise and prepare you for the life you envision. Because we value your trust above everything else.

Services:  Wealth Accumulation Plan

Global Choice

Simple Wealth

Regular savings plan

Savings solutions comparison

Address: 27th floor, Almoayyed Tower Seef District, Manama, Bahrain

Contact No.: +97317563321

Website: https://www.zurich.ae/

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