– Tal Nazer: Our achievements are in line with the healthcare objectives of Vision 2030 as well as the company’s strategic vision for 2020.
– Bupa Arabia’s distinctive and diverse health insurance programs and product offerings set the company apart from the rest, making it a health insurance leader in the region.
Jeddah: Bupa Arabia for Cooperative Insurance continued its exceptional track record of successes in 2020, winning a string of coveted awards at local, regional and international levels. The company has been ranked as the top insurer in the region by Forbes ME’s annual rankings.
The leading health insurer is ending 2020 on a high note as it has just been named as the “Health Insurance Company of the Year” by the Middle East Insurance Industry (MEII) Awards; organized by the Middle East Insurance Industry Review and audited by Ernst & Young.
The organizers chose Bupa Arabia for its pioneering health insurance programs and diverse insurance products, such as Bupa Munsha’at, which is the first health insurance program offered to medium and small enterprises in the Arab region.
Tal Nazer, CEO of Bupa Arabia for Cooperative Insurance and member of the Board of Directors, attributed the achievements to the company’s efforts to be an effective health partner for its clients by providing unique healthcare services and health insurance products. Bupa Arabia’s products are designed meet the needs of government institutions, and the private sector, including large-, medium- and small-scale companies, in addition to families and individuals.
“Our success is in line with Vision 2030 objectives, which include improving the quality and efficiency of healthcare services along with the company’s strategic vision for 2020,” Nazer added.
Earlier this year, Bupa Arabia was ranked No. 1 among the most valuable insurance companies in the region by Forbes Middle East 2020, and listed among the Middle East’s top 100 companies in 2020.
Brand Finance, a leading and independent global company in the field of rating and evaluation of brands, ranked Bupa Arabia among the 50 most valuable brands in the Kingdom of Saudi Arabia in 2020.
Additionally, Bupa Arabia was recognized in two categories by the Business Global Outlook magazine. The first was “Best Healthcare Insurance Service Provider in Saudi Arabia in 2020,” and the second was the “Best Digital Innovation in Insurance Sector.” The winners were chosen after an extensive evaluation by a group of international analysts specializing in the insurance sector.
Continuing the honors were the Gulf Sustainability and CSR Awards 2020, which recognized Bupa Arabia as the “Best Workplace” and for its HR practices. The prestigious awards recognize companies in the region with policies that show respect and regard for employees, including policies promoting diversity in the workplace, family-friendly policies, regard for work-life balance, and health and wellness.
Finally, Bupa Arabia was named by the International Finance Magazine (IFM) of the UK, as the “Best Health Insurance Company” and “Best Investor Relations Insurance Company” in Saudi Arabia for its implementation of the highest quality standards in the services and products provided to customers.
About Bupa Arabia:
Bupa Arabia was founded in 1997 as a joint venture between Nazer group and Bupa. It became publically listed company in 2008 with the most successful IPO in industry. Bupa Arabia is considered part of the Bupa Global network. The company delivers health cooperative insurance with international standards for individuals, families and the largest companies and establishments in the Kingdom. It also has a large network of care providers adding up to 1.2 million entities across 190 countries. Bupa Arabia is considered more than just a traditional health insurance company as it provides the most innovative healthcare services through its Tebtom program and insures an exceptional hospital experience through its Rahatkom program.
Bupa Arabia is characterized by a work environment that stimulates innovation and productivity – a reputation further enhanced by several awards and industry recognitions. It is also considered one of the leading companies in women enablement and attracting Saudi Arabian youth, achieving over 70% Saudization rate.