Aluminium Bahrain B.S.C (Alba), the biggest aluminium smelter on the planet ex-China, held a Reverse Insurance coverage Roadshow, the very first of its kind in MENA area, with premier insurance coverage and reinsurance markets, in cooperation with Bahrain Kuwait Insurer (BKIC) and reinsurance broker Willis Tower Watson on 06 and 07 June 2023 followed by an in-depth field trip at Alba properties.
Alba’s Reverse Insurance coverage Roadshow covered the renewal of Alba’s Residential or commercial property Damage and Service Disturbance (PDBI) and Alba’s Cyber Insurance plan, and was participated in by agents of Lloyd’s Syndicates and significant global business such as Zurich Insurance Coverage Plc – Ireland (London), SCOR UK Business Limited – London (England), Swiss Re International SE Luxembourg, Hannover Ruck SE – per Bahrain branch, AIG MEA Limited – United Arab Emirates, Gulf Insurance Coverage Group (Gulf), Bahrain Kuwait Insurer B.S.C. and Tokio Marine Kiln – London (England).
Alba’s Chief Power Officer Amin Sultan in addition to Director Insurance Coverage Eline Hilal and Insurance coverage and IR group performed the individually and group conferences on 06 June with insurance coverage markets to witness first-hand Alba’s outstanding danger management structure post which the underwriters and danger engineers went to the Business’s numerous departments on 07 June.
Talking about this event, Alba’s Ceo, Ali Al Baqali mentioned:.
” Alba has actually set another standard in the MENA Area by hosting a Reverse Insurance coverage Roadshow on its properties for its significant insurance coverage covers– Residential or commercial property Damage and Service Disturbance and Cyber– when the standard is to strike the roadway and fulfill insurance coverage markets to position these policies. This was an excellent chance to display Alba school and its core properties, so our insurance coverage partners get in touch with us and get a restored sense of our function.
I likewise seize the day to reveal my gratitude to our valued partners Bahrain Kuwait Insurance coverage (BKIC) and Willis Towers Watson, our reinsurance broker.”.
Including even more, BKIC’s Ceo Dr. Abdulla Sultan mentioned:.
” We are happy to help and similarly take part in such a distinguished Reverse Insurance coverage Roadshow which is distinct to our area. Alba is among the most vibrant business in the area and we are favorable that this reverse roadshow will offer these premier insurance providers and reinsurers an unmatched chance for an up-close-and-personal point of view on Alba and its danger profile.”.
Disclaimer
ALBA – Aluminum Bahrain BSC released this material on 11 June 2023 and is exclusively accountable for the info consisted of therein. Dispersed by Public, unedited and unchanged, on 11 June 2023 11:11:03 UTC