KSA – Tawuniya wins most innovative ins. Product
Saturday, 10 26 2019, Category: Insurance and Reinsurance, Country: Saudi Arabia
The Company for Cooperative Insurance (Tawuniya) has been awarded ‘Most Innovative Insurance Product 2019’ by World Finance Magazine in recognition of its success in creating innovative insurance products that meet the customers’ needs and aspirations.
Tawuniya had launched a range of innovative insurance products, including cyber risk insurance, the international travel insurance (for GCC Countries), aquaculture insurance, professional indemnity insurance and Takaful life insurance.
In the past year, Tawuniya had also launched 360° integrated insurance Program for Small and Medium Enterprises (SMEs), and Sanad plus, which is the first insurance program that combines benefits of third-party liability and comprehensive insurance.
On this occasion, Majed Al Bahiti, Tawuniya’s vice president of marketing and communication, emphasized the importance of this award that reflects the company’s strategy and vision in providing innovative insurance products and being client centric. This approach will also enhance Tawuniya’s pioneering position in the Kingdom’s insurance market.
“Tawuniya developed many programs and initiatives in 2019, including ‘Tawuniya Vitality’, which is the first program of its kind in the Middle East and the North Africa region that works on improving the health of its members through adopting a healthy and active lifestyle.
Source: Saudi Gazette