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Tribune News network
Doha
Gulf International Services (GIS) subsidiary Al Koot Insurance and Reinsurance Company has signed a health insurance contract with Qatar Airways.
As per the contract, Al Koot will provide health care services to Qatar Airways staff and their families for a two-year period, starting June 1, 2019, GIS said in statement on Wednesday.
With this contract, Al Koot is now managing around 140,000 insured members in Qatar.
Al Koot will provide healthcare services to Qatar Airways employees and their families through its wide network, which is considered as one of the largest networks of medical service providers in Qatar.
Al Koot CEO Ahmed Rafea al Emadi said, “We are keen to serve Qatar Airways as a client and promote the relationship of trust.
“We are confident of our ability to serve their employees’ needs with high quality services. At the same time, this contract denotes Al Koot’s success in rebuilding in-house capabilities.”
He said, “Al Koot has reinforced its experienced teams with innovative technological solutions resulting in acquiring one of the largest networks among insurance companies in the region, reflecting the strong financial capabilities and technical experience the company has built over more than 15 years of operation.”
The contract comes in line with GIS’ strategy to capture new business opportunities that would potentially help increase revenues and ultimately maximise shareholder value, as it largely increased the insured members of Al Koot in the medical line of business, expanding the company’s presence in the local market.
Al Koot is developing and diversifying its health insurance services to maintain its position as a leading Qatari national company. The company’s health insurance portfolio includes a number of the most important institutions and companies operating in Qatar, the statement said.
GIS is one of the largest service groups in Qatar, with interests in a broad cross-section of industries, ranging from insurance, re-insurance, fund management, onshore and offshore drilling, accommodation barge, helicopter transportation, and catering services.
Doha
Gulf International Services (GIS) subsidiary Al Koot Insurance and Reinsurance Company has signed a health insurance contract with Qatar Airways.
As per the contract, Al Koot will provide health care services to Qatar Airways staff and their families for a two-year period, starting June 1, 2019, GIS said in statement on Wednesday.
With this contract, Al Koot is now managing around 140,000 insured members in Qatar.
Al Koot will provide healthcare services to Qatar Airways employees and their families through its wide network, which is considered as one of the largest networks of medical service providers in Qatar.
Al Koot CEO Ahmed Rafea al Emadi said, “We are keen to serve Qatar Airways as a client and promote the relationship of trust.
“We are confident of our ability to serve their employees’ needs with high quality services. At the same time, this contract denotes Al Koot’s success in rebuilding in-house capabilities.”
He said, “Al Koot has reinforced its experienced teams with innovative technological solutions resulting in acquiring one of the largest networks among insurance companies in the region, reflecting the strong financial capabilities and technical experience the company has built over more than 15 years of operation.”
The contract comes in line with GIS’ strategy to capture new business opportunities that would potentially help increase revenues and ultimately maximise shareholder value, as it largely increased the insured members of Al Koot in the medical line of business, expanding the company’s presence in the local market.
Al Koot is developing and diversifying its health insurance services to maintain its position as a leading Qatari national company. The company’s health insurance portfolio includes a number of the most important institutions and companies operating in Qatar, the statement said.
GIS is one of the largest service groups in Qatar, with interests in a broad cross-section of industries, ranging from insurance, re-insurance, fund management, onshore and offshore drilling, accommodation barge, helicopter transportation, and catering services.
