Gulf International Services announced that its subsidiary, Al Koot Insurance and Reinsurance Company, has won competitive open tenders launched among local Insurers to provide health care services for Qatar Petroleum and Qatargas’ staff and their families for a three-year period, commencing January 1, 2019. With these awarded tenders, Al Koot managed to add in excess of fifty thousand members to its existing portfolio.
As per the contracts, Al Koot will provide healthcare services to Qatar Petroleum and Qatargas’ employees through its wide network, which is considered as one of the largest networks of medical service providers in Qatar.
On this occasion, Mr. Ahmed Rafea Al-Emadi, the Chief Executive officer of Al Koot, expressed his pride in earning the confidence of Qatar Petroleum and Qatargas. “As two of our key clients, we are keen to serve Qatar Petroleum and Qatargas and reinforce the relationship by trust. We are confident of our ability to serve the needs of these organizations’ employees with high quality services. At the same time, the award of the two contracts denotes Al Koot's success in rebuilding in-house capabilities.”
Mr. Al-Emadi also added, “Al Koot has reinforced its experienced teams with innovative technological solutions resulting into acquiring one of the largest networks amongst insurance companies in the region, and reflecting the strong financial capabilities and technical experience Al Koot has built over more than fifteen years of operation.”
Al Koot is developing and diversifying its health insurance services to maintain its position as a leading Qatari national company in this field. The company's health insurance portfolio includes a number of the most important institutions and companies operating in the State of Qatar.