Doing Business In Saudi Arabia

ima logo
/media/49869/pp_piccrop.jpg
 
Medgulf Banner Image
 

Medgulf Logo Sent

KSA

Riyadh
Mustaqbal Tower
Al Ma'ather Street. East Saudi Fransi Bank Head Office.
Tel:(966-1)4055550
Fax:(996-1)4055588

Lebanon    

MEDGULF Building,
Patriarch Howayek Street,
BCD - P.O.Box 113/6320 Beirut - Lebanon
Tel: +961 1 985000
Fax: +961 1 985006
www.medgulf.com

 

MEDGULF

The Medgulf Group was founded by Mr. Lutfi El Zein in 1995 in Bahrain and Lebanon, later expanding to Saudi Arabia and Jordan. Since inception, Medgulf has become among the first Middle Eastern insurance companies with operations across the region, offering competitive insurance product lines tailored to its diversified customer bases across the region.  

The Group product lines include Health, Motor, Engineering, Marine, Fire, Life and other Bancassurance product lines. Medgulf holds life insurance licenses in 3 markets - the KSA, Bahrain and Lebanon.  In addition, the Group includes Addison Bradley, a brokerage business unit, structured around providing its customers with a highly skilled Risk Management capability, in addition to providing insurance and re-insurance placement services.  The Medivisa and Motion business units act as Third Party Administrators to the Health and Motor business segments accordingly, within the Insurance Industry across all the markets they operate in.

Medgulf today operates in 9 markets - Saudi Arabia, Lebanon, Bahrain, Jordan, Turkey, the UAE, Egypt, and the UK, with its headquarter in the Kingdom of Bahrain.  The Group, as of the end of 2010 had more than 1,400 employees across the region.  The Group enjoys a management philosophy built on an entrepreneurial spirit that allows it to respond swiftly to an ever-changing environment.

The Medgulf Group reported more than $880 million dollars in Gross Written Premiums for the fiscal period ending on December 31st, 2010.  This places the Group in a leading position among privately owned insurance groups within the Mena region, and among the top 5 insurance concerns in the region.

 

 

Medgulrf Banner 2