Register | Forgot password?
Switch to Arabic
Friday, December 4 - 2009

Directors, officers and professionals secured with bni's specialized liability insurance

Bahrain National Insurance Company (bni), a subsidiary of Bahrain National Holding - BNH - announced the launch of 'Professional Liability and Directors and Officers Insurance'; a suite of products designed to provide insurance protection to the professionals.

Article continues below
  • Joseph Rizzo, General Manager of the General Insurance Department at bni.
    Joseph Rizzo, General Manager of the General Insurance Department at bni.
This uniquely designed pan-regional facility of bni is supported by the best possible security the London Market has to offer each specializing on specific risks in addition to allowing leading players in the GCC to use the facility by ceding business and participating as reinsurers.

Such facility is of great importance to all the professionals and senior officials such as board directors, considering the ongoing global financial crisis, as they are exposed personally and unlimited for their actions during the exercise of their duties.

The facility currently provides Professional Indemnity insurance protection for most of the professions including, but not limited to, Medical Malpractice & Hospital Liability, Financial Institutions, Oil and Gas, Media and Telecommunications as well as Directors & Officers' Liability.

bni - known for its commitment to the corporate, industrial and professional world - will provide through this facility various proactive tailor-made insurance solutions in conjunction with highly reputed names in the region and London.

Joseph Rizzo, General Manager of the General Insurance Department at bni, stated:
"This facility is the result of our acknowledgment to the Regulator's recognition for the need to protect the consumers together with the demand of our corporate clients in this regard. It is after all our duty as a leading insurer in Bahrain to innovate, for our clients & the insurance industry, harmonized products taking into account the current market conditions."
Also consider reading:
Log in to request more information from Bahrain National Holding (BNH)

Notes and media contacts

About Bahrain National Insurance (bni) B.S.C. (c)
bni, Bahrain's leading personal lines insurer, has over than 40 years of experience in handling medium to large industrial and commercial insurances. With an authorized capital of BD10m and a paid-up capital of BD6.5m, bni is considered one of the most financially secured insurance companies in the region. In 2008, bni maintained its BBB+ (Good) long-term counter party credit and insurer financial strength rating with a 'stable' outlook from Standard & Poor's.

For more information, please contact:
Corporate Communications Department
Tel: + 973 17 587 320
Fax: + 973 17 583 099

Disclaimer:

Articles in this section are primarily provided directly by the companies appearing or PR agencies which are solely responsible for the content. The companies concerned may use the above content on their respective web sites provided they link back to http://www.ameinfo.com

Any opinions, advice, statements, offers or other information expressed in this section of the AMEinfo.com Web site are those of the authors and do not necessarily reflect the views of AME Info FZ LLC / Emap Limited. AME Info FZ LLC / Emap Limited is not responsible or liable for the content, accuracy or reliability of any material, advice, opinion or statement in this section of the AMEinfo.com Web site.

For details about submitting your stories, please read the guide - all content published is subject to our terms and conditions