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Monday, November 30 - 2009

Solidarity participates at the annual 4th Middle East Insurance Forum

Solidarity, one of the largest takaful companies and winner of the world's Best Takaful provider awards, sponsored the fourth Annual Middle East Insurance Forum, recently held in the Gulf conventional Center at the Gulf Hotel in Bahrain.

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  • Solidarity named Takaful Sponsor and Ashraf Bseisu speaker.
    Solidarity named Takaful Sponsor and Ashraf Bseisu speaker.
Sameer AL Wazzan, CEO, represented Solidarity and Ashraf Bseisu, General Manager, spoke about the challenges facing the Takaful industry and means to overcome these challenges while building solid infrastructure through developing market intelligence and professional academic capacities to further penetrate different markets.

The Fourth Annual Middle East Forum is considered as one of the largest and most important industry related conferences where experts meet to share knowledge and experiences along with focused exhibition. More than 300 pioneers and leaders within the Takaful/ insurance market participated in the Forum covering topics related to major insurance issues, opportunities and trends.

Commenting on Solidarity's participation, Sameer Al Wazzan said: "Solidarity's participation in this prestigious conference represents the management direction towards supporting the development of this industry. Our faith in the role of the private sector to further take part in spreading awareness and building solid and common platform for development in the global arena leave us with no choice except to take an interactive part making such industry related forums a success. We always plan to provide our experiences with leaders within this industry to help in addressing challenges and draft expectations".
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Notes and media contacts

For more information, please contact:
Bassel Hanbali- Head of Corporate Communications & Marketing, Solidarity
Or
May Marzooq
Senior Marketing Communications Officer
Corporate Communications & Marketing
Solidarity
Tel. +973 17 578 777
Fax. +973 17 578 787
About Solidarity:
Established as one of the Largest Takaful Companies in the world with US$ 150 million in paid up capital and US$300 million authorized capital, Solidarity provides Takaful products that comply with Islamic Sharia'h across the globe.

Solidarity is set to capitalize on the success of its opening years by continuing its expansion in to key international markets. To strengthen its current position and achieve the expansion strategy, Solidarity is in the process of increasing its paid up capital to US$ 275 million, and its authorized capital to US $500 million.

Solidarity provides Islamic Financial Planning through a range of Family Takaful saving and investment plans with Takaful Protection Benefits ideally suited for education, retirement and wealth accumulation; in addition to Home Financing and other general safety and protection products to cover various risks.

Solidarity has the resources to deliver unmatched risk management financial solutions, tailored to meet the needs of individuals, families and businesses.

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