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."
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