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Tawuniya and Alhokair mark a decade of cooperation with the health insurance deal

The Global Economics by The Global Economics
February 17, 2020
in Insurance
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In a continued harmony of 10 years, The Company for Cooperative Insurance (Tawuniya) lately signed an agreement with Fawaz Al-Hokair Group to provide health insurance services to the group and its subsidiaries.

The contract effective from this month will offer medical insurance coverage for 15000 employees and their families. The services like in-patient and outpatient clinics, treatment of chronic diseases, pre- and post-natal care, emergencies, etc. will be encompassed in the Tawuniya-Al-Hokair insurance deal. Moreover, new patrons will also be added to the health insurance coverage throughout the validity of the coverage duration.

The deal was inked at the Gulf Insurance and Reinsurance Brokers Company headquarters in Riyadh in attendance of authorities like Tawuniya’s Vice President Corporate and Key Accounts Mohammad H. Quaraishah, Chief HR Officer of Al-Hokair Fashion Retail Company, Mohammed Alshammari, and CEO of Gulf Insurance and Reinsurance Brokers Company Hesham Haddad.

Quraishah quoted, “Tawuniya has a long experience in managing medical insurance portfolios and works in cooperation with the largest network of accredited medical service providers in the Kingdom. Moreover, our vision is to enable Saudi society to progress safely toward the future by creating innovative insurance solutions that provide a full range of protection for different segments of customers.”

The ongoing partnership between Tawuniya and Al-Hokair is standing strong since 2006, and the new deal is also backed by Tawuniya’s 34 years of solid financial and technical capability that offers 60+ insurance products.

The Global Economics

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The Global Economics Limited is a UK based financial publication and a bi-annual business magazine giving thoughful insights into the financial sectors on various industries across the world. Our highlight is the prestigious country specific Annual Global Economics awards program where the best performers in various financial sectors are identified worldwide and honoured.

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