A London Based Digital Publication Covering Diplomatic & Business Activities Globally

Sunday, March 3, 2024

Bapco Energies and ACE Gallagher enter strategic partnership

Bapco Energies, at the forefront of Bahrain’s energy transition, has entered into a strategic partnership with ACE Gallagher, a leading insurance company, to establish an exclusive ‘Insurance Captive.’ This move, following a rigorous selection process overseen by the Bahrain Tender Board, aligns with Bapco Energies’ centralization strategy for its insurance portfolio, ensuring a unified risk management approach and long-term sustainability. ACE Gallagher’s expertise as the lead captive manager enhances Bapco Energies’ resilience and negotiating power in the challenging insurance market, optimizing overall costs for the Group. The signing ceremony, attended by senior representatives from both entities, solidified the agreement at Bapco Energies HQ in Bahrain, reflecting a commitment to strengthening risk management practices and operational efficiency.

Latest Posts

Latest Posts

Stay in touch

To be updated with all the latest news, offers and special announcements.

RELATED ARTICLES

DIFC Celebrates 20th Anniversary

The Dubai International Financial Centre (DIFC) achieved record-breaking results...

Optimism Surrounds Philippine Food Exports

During the "Outbound Business Matching Mission" (OBMM) organized by...

UAE Leads Arab Economic Social Meeting

Abdullah bin Touq Al Marri, UAE Minister of Economy,...

UAE Export Boost with ADEX

ADEX, Mashreq, and ADCB partner with BGN for a...

Sharjah, Istanbul Exhibition Collaboration

Expo Centre Sharjah (ECS) and World Trade Centre Istanbul...

President Tokayev Visits Qatar for Diplomatic Talks

President Tokayev of Kazakhstan is set to visit Qatar...

Transforming Steel Production with Green Technology

A massive green steel plant near Boden, Sweden, aims...

DMCC Sees a Growth in Companies Formation in 2023

DMCC, the flagship free zone and commodities trade authority...

UAE Minister welcomes global firm

UAE Minister or Foreign Trade, Dr Thani Al Zeyoudi...