Takaud, BKIC ink partnership deal

Takaud, the specialist provider of savings, investment, and pension solutions for the MENA region and BKIC (Bahrain Kuwait Insurance Company) have signed a Memorandum of Understanding (MoU) to enhance their respective customer propositions.

Takaud CEO Luc Metivier and BKIC CEO Ebrahim Al Rayyes signed the deal at a special ceremony held at the BKIC offices.

As per the deal, BKIC’s customers would receive information about TAKAUD smart-saving programmes, including Employee Savings Plans for corporations, and Financial Consultancy and Wealth Management services for individuals of all income levels.

Takaud customers, in turn, would get access to information about insurance products from group life insurance programmes for corporations to domestic-worker, house and car insurance for families.

“Insurance and smart savings are products that everyone knows they need but it isn’t always easy for people to get access or information about these services,” Takaud CEO Luc Metivier said.

“Our partnership with BKIC brings information about Takaud smart savings to BKIC outlets and their Website at the same time as Takaud links its customers to BKIC insurance products. It is a natural partnership of financial products to make people’s lives easier, more secure and simply better.”

Ebrahim Al Rayes, BKIC CEO said, “Now, when BKIC agents talk to our corporate and individual customers about car and medical insurance, we can also let them know how they can create smart-savings plans to secure their future.”