Al Hilal Life has signed a Third Party Administrator Agreement with GlobeMed Bahrain W.L.L on June 29th 2016. The TPA agreement follows the company’s strategy to expand into medical insurance through developing health insurance products suitable for the Bahraini market.

Commenting on this cooperation, Emanuel Lantzos, CEO of Al Hilal Life, said “Entering the Medical Insurance market will be a significant step for us here in Bahrain, and we are proud to have finalized this agreement with GlobeMed as they continue to be the market leaders in the medical administration services”.

Tarek Salibi, General Manager of GlobeMed Bahrain, added “This cooperation gives GlobeMed Bahrain the opportunity to put its high-tech software solutions, highly experienced team of experts and professionals as well as its strong regional presence available to serve Al Hilal Life insured members, making health Insurance closer and easier to the people. We are confident that the dynamic and professional team of Al Hilal Life, with the assistance of GlobeMed Bahrain, will enrich the health insurance market with innovative products that will meet the needs of the public”.

Al Hilal Life and GlobeMed are optimistic about the success of this cooperation as it indicates a strategy for continued progress and development in the coming years.