BizBahrain Magazine Sep-Oct 2018

Other Business
t’azur partners with Invita
Claims
t
’azur, one of Bahrain’s leading
insurance providers has taken a stake
in Invita Claims Management Company
- Motor Third Party Administrator
Company, a latest venture of Invita
BPO to handle Motor Insurance Claims
efficiently, with the introduction of
InsureTech solutions.
Yahya Nooruddin, CEO of t’azur
Company said, “t’azur invested in Invita
Motor TPA with the vision to enhance
the customer experience and bringing
new technology to further assist in
BFC opens 50th branch
Bahrain Financing Company (BFC)
the Kingdom’s oldest and leading
worldwide money transfer and foreign
currency specialist has reached a
significant milestone with the opening
of its 50th branch. The new branch in
Oasis Mall (Juffair) further reinforces
BFC’s position as the exchange with
the most extensive branch network in
Bahrain.
The branch is located on the
Ground Floor of the mall situated next
to Carrefour Hypermarket and will be
open from 10am to 10pm, seven days a
week, offering BFC’s diverse range of
fast and reliable international money
transfer products, including EzRemit
and MoneyGram, plus a choice of over 40
global currencies to buy or sell at market
leading exchange rates.
Commenting on BFC’s opening in
Oasis Mall (Juffair), Mr. Pancily Varkey,
General Manager of BFC said, “Today’s
news marks a historic achievement
in the progress of BFC as the leading
money transfer and foreign currency
specialist in the Kingdom. As part of
our ambitious expansion strategy to
reach all regions of the country, we are
the motor claims process. Through our
investment, clients can now open claims
online, over the phone, or by visiting
Invita’s branch in Seef Mall - Isa Town.”
Rahul Bhalla, Chairman, Invita
Claims Management Company stated,
“As part of our BPO offerings, we keep
looking for newer areas to help our
clients improve their services with the
aid of latest technology. We discussed
the idea with the insurance industry and
received very positive response for the
need of such a company. The growing
demand for improving the claims
process by the insurance companies,
brokers and insurers who wish to take
greater control over the claims process,
total loss costs and data capture, as well
as to access meaningful management
information has helped us to enter this
market utilizing a broad suite of leadingedge
tools and resources. It’s with
complete confidence that we’ve entered
into our first venture in the TPA market
and first InsureTech product.”
particularly proud of accomplishing this
amazing milestone of 50 branches. This
demonstrates our firm commitment to
meeting our customers’ expectations
in ensuring that they have a more
convenient and pleasurable experience
with BFC. With a committed and
passionate team, BFC aims to continue
its expansion”.
BFC currently has 50 branches
across the Kingdom of Bahrain and
specializes in sending money around the
globe safely and quickly to over 46,000
locations in 30 countries, through its
own money transfer product - EzRemit.
Its global reach is extended to over 200
countries through its partnership with
MoneyGram an international remittance
company. With Smart Money, the online
money transfer service of BFC, you can
now send money online to over 150
countries.
Adventure Hub Centre
opens in Bahrain
With a worldwide presence including
in Europe and the U.S. as well
as UAE, Adventure Hub is a leading
company specialised in offering indoor
active entertainment such as climbing
in a very safe and well-equipped
environment.
HH Shaikh Khalid bin Hamad Al
Khalifa, First Deputy Chairman of the
Supreme Council for Youth and Sports,
President of the Bahrain Athletics
Association, has officially inaugurated
Adventure Hub in the Galleria Mall in
Bahrain.
HH Shaikh Khalid said, “launch of
the first Adventure Hub branch in the
Kingdom of Bahrain, will contribute
to spreading the climbing sports
culture in the Kingdom. Such initiative
will help in cementing Bahrain’s
leading position as an incubator of all
sports, including climbing which is
witnessing a very large turnout among
youth across the globe.”
HH Shaikh Khalid further added,
“Climbing is one of the sports that boost
the blood circulation of the human
body as well as helps to strengthen
the muscles and raise the fitness level.
It also stimulates the mind to think
and react in a timely manner, which
will have a positive impact on young
Bahraini athletes who practice this kind
of sports,”
Moreover, HH Shaikh Khalid bin
Hamad Al Khalifa hailed the efforts of
Dadabai Group of Companies, chaired
by Mr Mohammed Ahmed Dadabai, in
supporting investments in the Kingdom
of Bahrain by attracting well-known
international companies, wishing them
the best of luck.
September-October 2018
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