MANAMA: Bahrain National Insurance (bni), Bahrain National Life Assurance (bnl), and Bahrain Development of Small and Medium Enterprises’ Society (BDSMEs) have signed a tripartite memorandum of understanding (MoU) to offer tailored insurance solutions for SMEs.
The signing was attended by BDSMEs president Ahmed Al Salloom, bni chief executive Eman Mojali and bnl CEO Enas Asiri.
Supporting the objectives of Economic Vision 2030, the MoU provides a framework for co-operation on the development and offering of insurance products and solutions to the SMEs.
These products will provide business owners with flexible insurance solutions, tailored to their specific needs by giving them the peace of mind to focus on running and managing their businesses.
Ms Mojali said: “This initiative is in line with one of the strategic objectives of the Bahrain National Insurance and Bahrain’s Vision 2030, which is extending support to small and medium-sized enterprises and contribute to the growth and success of their entrepreneurial experience, which would, in turn, have a direct and significant impact in enahancing the entrepreneurial climate in the kingdom.”
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