Bahrain National Insurance (bni), Bahrain National Life Assurance (bnl) and Brinc MENA, the global venture accelerator and business incubator, have signed a tripartite memorandum of understanding (MoU) to offer tailored insurance solutions to startups.
Supporting the objectives of Vision 2030, the MoU provides a framework for co-operation on the development and offering of insurance products and solutions to the Brinc MENA community of startups and investors. The insurance products are designed specifically to protect startups and small to medium enterprises (SMEs) with flexible solutions tailored to their business needs.
The signing was attended by Yasin Aboudaoud, chief development officer and managing partner of Brinc MENA, Enas Asiri, chief executive of bnl, and Mohammed Al Maraj, chief officer for general insurance at bni.
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