Solidarity and Al Rashid Group sign agreement to market its Family Takaful Saving Plans

This agreement provides special benefits by way of added loyalty points to the Centrepoint cardholders. The signing ceremony was held at ARG's headquarters in Seef District in the Kingdom of Bahrain.

The agreement was signed by Mr. Ivan Sly, General Manager - ARG, and Mr. Gopi Rao, General Manager - Solidarity Family Takaful Division. Also present on the occasion were Mr. Martin Whelan, Head of Distribution - Solidarity, as well as Mr. Mathew Simon and Ms. Wilma Oliveros from ARG.

Speaking on the occasion, Mr. Gopi Rao, General Manager - Solidarity Family Takaful Division, said: "We are delighted with the signing of this agreement that has added an additional distribution channel to the Family Takaful Division at Solidarity. The arrangement with ARG will enable Solidarity to offer a wide range of Savings plans with Takaful Protection coverage and investment opportunities coupled with benefits to Centrepoint Privilege customers".

"Reaching out to customers through innovative distribution channels and enhancing service levels is the key to our growth. Packaging shopping with savings opportunities will further stress the importance of financial planning. We at Solidarity Family Takaful will continue to seek such novel solutions together with our business partners for the benefit of our customers," added Gopi.

Mr. Ivan Sly, General Manager - ARG said: "The agreement is mutually beneficial as it will provide Solidarity the advantage of reaching out to ARG Centrepoint customer database and other potential customers visiting Marina Mall. It is a true example of cross-selling and leveraging the marketing strengths of the two companies while at the same time providing a convenient place to learn about personal financial services."

"Solidarity Family Takaful plans provide savings for the future, investment opportunities and covers for various contingencies thereby offering valuable financial protection. ARG, especially Marina Mall, will support Solidarity through providing logistics to deliver solutions tailored to meet the needs of individuals and families visiting our mall from both Bahrain and Saudi Arabia. We have succeeded in offering a shopping environment that reflects the image of the GCC and the modern aspects of family and friends gathering," added Ivan.