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MENAFN Press - 20/10/2013
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(MENAFN Press) The General Arab Insurance Federation (GAIF), in association with the Bahrain Insurance Association (BIA), is set to host the Gulf's first Professional Liability Insurance Forum starting tomorrow 21st October 2013 at the Ritz Carlton in the Kingdom of Bahrain. The Forum will address issues related to Professional Indemnity, Bankers Blanket Bonds, Political Violence and Medical Malpractice.

The two day event is being held under the patronage of the Central Bank of Bahrain (CBB) and in cooperation with the Bahrain Economic Development Board, the event's Strategic Partner, Al Baraka Banking Group, the event's Banking Sponsor, and with the support of Tamkeen. The event is organized and managed by FinMark Communications, as specialized financial communications firm in the region.

The Forum will engage business leaders in a high level discussion on professional liability risk across industry sectors and the innovative solutions available for mitigating and managing them in today's increasingly challenging business and economic climate. In particular, theForum will look at the in-depth needs of a number of select professions including banking, finance, the medical field and various other professional services.


As a leading regional hub for financial services including the insurance industry, Bahrain serves as the ideal location from and to which the Forum expects to attract more than 300 participants. These include members of GIAF as well as decision makers from leading insurers, financial institutions and corporates across the GCC, broader MENA region and South Africa.

The Forum will also showcase exhibitions in which exhibitors will enjoy prime exposure and direct marketing opportunities with a leading faculty of experienced insurers, professionals and regulators to exchange knowledge and expertise with the industry peers to discover about the risks and opportunities in the current market. This is an exceptional platform for business networking and information sharing opportunity.

Further information on how to take part please visit www.bia-bh.com or contact the BIA on: 973 17532555 or 973 38831386.


About GAIF
The General Arab Insurance Federation (GAIF) was founded in 1964 and has its own entity, financial and managerial independence to practice lawfully in achieving its objectives. GAIF is based in Cairo City / A.R.E. according to an agreement signed with the Egyptian President in 1996. GAIF's main aims are to strengthen ties between Arab insurance markets and their relative organizations, to subsidize co-operation and co-ordination between its members and with other International Federations and Organizations.Membership is available to Arab insurance & Reinsurance companies, Arab Joint Venture Insurance & Reinsurance companies, National Federations/Associations, Arab insurance controllers, Arab Insurance & Reinsurance Brokers, Legal Arab “ insurance and any Arab Associations connected with insurance sector. As at March 2013, GAIF had 350 members from across the Arab countries.About The BIA The Bahrain Insurance Association received its charter in 1993 and became operational as a Society in 1994, under the umbrella of the Ministry of Social Affairs. Currently the BIA reincorporated officially under the Central Bank of Bahrain and are the first financial services industry association to be reincorporated under the CBB, with registration number (1). At present, there are 48 members comprising local insurance companies, foreign insurance companies, reinsurance, brokers and service providers.About FinMark CommunicationsWith offices in Bahrain and London, FinMark Communications is a financial and corporate communications consultancy focused on providing clients with the highest quality strategic advice and execution across international markets. The firm offers clients a comprehensive service offering including financial PR, corporate communications, media relations, financial and corporate copywriting, issues management and government relations. These services are delivered by a team of senior level regional and international specialists that are dedicated to supporting clients' marketing and communications efforts with target financial and corporate audiences in the GCC and on a global basis.

 


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