Al Hilal Life: Best Life Insurance Provider Middle East 2020
Al Hilal Life began as a mission-driven start-up over a decade ago. Today it protects and preserves the financial security of thousands of individual and business clients across the Gulf. Al Hilal Life has yet again achieved positive financial results despite a challenging year due to the covid-19 pandemic and the overall market conditions. The company has launched an innovative suite of insurance and savings solutions to help customers weather any storm. It offers several savings and protection plans, as well as a selective range of corporate insurance solutions. The plans from Al Hilal Takaful (100% subsidiary of Al Hilal Life) are vetted by a Shariah supervisory board to ensure compliance with Islamic principles. Al Hilal Life has entered the first stage of a digital overhaul, affording convenient and secure access for online product purchases apart from a fully enabled digital customer touch point. In the next phase, which will begin at the end of Q2 2021, customers will gain access to a new digital signatures feature. From offices in Bahrain and Kuwait, Al Hilal Life has made strides in accomplishing its goal of becoming the benchmark for excellence in service among financial protection and savings providers across the Middle East. The company has registered on the radar of the CFI.co judging panel in past award programmes for its sage leadership, collaborative team and ethical operations. The judges have also been impressed by the company’s financial strength and prosperous shareholder relationships. Al Hilal Life wins the 2020 award for Best Life Insurance Provider (Middle East).
