stc Bahrain collaborates with solidarity to offer motor ins.
Thursday, 03 25 2021, Category: Technology, Country: Bahrain
Manama, Bahrain: stc Bahrain, a world-class digital enabler, has partnered with Solidarity Bahrain, one of the largest insurance companies in the Kingdom, to offer Motor Insurance products under its stc protect, digital insurance platform. The strategic collaboration marks stc Bahrain’s foray into the Motor Insurance sector, making it the first telecom operator in Bahrain with a strong Motor and Travel Insurance portfolio.
Commenting on the partnership, stc Bahrain CEO, Eng. Nezar Banabeela said, “stc Bahrain has been leading the way in digitizing service experiences with transformational strategies to capitalize on growth opportunities by tailoring our products and services. Our partnership with Solidarity puts us in a unique position as a digital enabler to accelerate the transformation in the insurance sector, diversify our business lines, empower and connect a wider consumer base through our stc protect portfolio. This being in line with our digital transformation to support the local community with new technologies, services and experiences beyond our traditional offerings.”
Commenting on this occasion, Jawad Mohammed, CEO, Solidarity Bahrain stated: “A regional pioneer, Solidarity Bahrain continues to lead the insurance industry in applying globally-trending InsurTech solutions. We have introduced multiple industry firsts for new products and services, which have enhanced and elevated the customer journey, and as such, through this partnership with stc Bahrain, a world-class digital enabler and a market leader in the Kingdom, we look forward to taking an active role in meeting the growing demand of the insurance needs, flexible payment options in the local market”.